British Petroleum

Oil Firms Evacuate Some Iraq Staff over Regional Tensions

Foreign oil firms including giants BP and TotalEnergies evacuated some foreign staff from southern Iraq amid regional tensions, the state-owned Basra Oil Company said Monday. "Firms operating in the fields of the Basra Oil Company have temporarily evacuated some of their foreign personnel," the company said in a statement. It added ...

Iraq and BP Finalize Deal to Develop New Oil Fields

Iraq and energy giant BP finalized an agreement to develop oil fields in the northern province of Kirkuk, Iraqi authorities and the British company said Tuesday. The mega-project covers petroleum production, the rehabilitation of existing facilities, the capture and use of natural gas produced alongside crude oil, and potential exploration ...