Oil production at Rumaila has increased by 40% since 2010, BP says. The UK supermajor, state-owned PetroChina, and Iraq’s state-held Basra Oil Company (BOC) have worked in partnership to develop ...

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 ...

Iraq’s state-owned oil company has also provided an update regarding the West Qurna 1 field, which is currently operated by PetroChina. Following ExxonMobil’s withdrawal from the field and ...

BP, together with PetroChina and Basra Oil Company ... the company’s “readiness to increase its investments in Iraq, particularly in the associated gas sector,” the prime minister’s ...

China’s top oil and gas companies are selling off underperforming assets and streamlining operations as part of ongoing ...

The Basra Investment Commission revealed that it signed an agreement with TotalEnergies to build a 1,000 megawatt solar power ...

Al-Shamkhani further illustrated that by the end of 2025, oil output at the PetroChina-operated West Qurna 1 field in southern Iraq is anticipated to increase from the present 550,000 barrels per ...

Halfaya oil field is one of the seven giant oil fields in Iraq. Located in southern Iraqi province of Maysan, it boasts an annual production capacity of 20 million tons. It is the largest project that ...