Oil majors operating the giant Kashagan oil field received a pair of favorable arbitration rulings in multibillion-dollar ...

Project is part of Aramco's coveted long term agreement framework, which has offered EPCI contracts worth $2 billion to $3 ...

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UK-based BP’s planned investment in developing several giant oil fields in Kirkuk could be worth as much as $25bn, including ...

BP Plc finalized an agreement with the government of Iraq to redevelop the giant Kirkuk oil fields, a deal that signals a return to the company’s Middle Eastern roots and should help to bolster ...

The investment spans oil, gas, power and water sectors ... “It will enable us to bring our experience of managing giant fields to realise the potential of this important asset for Iraq, working ...

Under the deal, BP looks to “invest in several giant oil fields in Kirkuk providing for the rehabilitation and redevelopment of the fields, spanning oil, gas, power and water with potential for ...

DUBAI, United Arab Emirates (AP) — Saudi Arabian oil giant Aramco reports a $106.25 billion profit in 2024, down 12% from prior year on lower energy prices.

(Alliance News) - BP PLC on Tuesday said it has reached agreement with the Iraq government on the contractual terms for investment in "several giant oil fields" in near the city of Kirkuk in the ...

By Stanley Reed Reporting from London BP, the energy giant, said on Wednesday that it would increase spending on oil and gas while sharply paring back investments on various forms of clean energy.

BP (BP) said it would invest more in oil and gas as it pivots away from its low-carbon strategy. The British energy giant said it would increase its annual oil and gas investment to about $10 ...