The oil and gas giant is expected to reverse course on renewable energy commitment due to decreased profits and a shifting ...

After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...

BP CEO Murray Auchincloss pledged on Tuesday to fundamentally reset the company's strategy as it reported a 35% fall in ...

Oil major BP is expected to spend up to $25 billion over the lifetime of a project to redevelop four Kirkuk oil and gas ...

In a report released today, Irene Himona from Bernstein maintained a Buy rating on BP p.l.c. (BP – Research Report), with a price target of p570.00. The company’s shares opened today at p417.30.

Oil output at Iraq's Rumaila oilfield is reportedly down by 300,000 barrels-per-day (bpd) following a fire last week. The fire is said to have occurred in a decommissioned storage tank at the field's ...

One of the most advanced water pumping facilities in Iraq has been constructed at the Rumaila oilfield to help boost oil production and support the field's long-term strategy. Cluster Pump Station Six ...

The Rumaila field, one of the world’s biggest, is jointly operated by Iraq, BP Plc and PetroChina Co., and there are plans to bolster production to just over 2 million barrels per day by the end ...

BASRA - A fire at Iraq's Rumaila oilfield was brought under control on Friday, the country's oil ministry said in a statement, adding that there were no serious injuries. The fire started at a ...

BASRA (Reuters) - A fire broke out at a crude processing unit at Iraq's Rumaila oilfield on Friday and fire crews were trying to bring it under control, three energy sources told Reuters. Operations ...

"We have got a complete division, 16 brigades up securing the Rumaila oilfields, seven brigades engaged west of Basra and 3 Commando Brigade fixing Basra from the south - quite enough troops for ...