Iran's loss of influence in Lebanon and Syria has helped to spark a shift in attitude among Arab leaders.

Iraq branch chief on Tuesday said that the company’s new agreement to redevelop four key oilfields in Kirkuk province will ...

By John Lee. Iran has reportedly launched a $528-million project to develop three oilfields near the Iraqi border. According to the state-owned Iranian PressTV, the fields are Sumar, Saman, and ...

Rumaila, the biggest oilfield in Iraq capable of pumping about 1.5 million barrels per day (bpd), has seen its oil production cut by 300,000 bpd since a fire broke out at the huge field last week, an ...

KBR (KBR) announced it has been awarded a new time and material, cost-reimbursable task order by the U.S. Department of State to provide ...

As a founding OPEC member, this development is anticipated to enhance Iraq's significance in global energy markets towards nearly 5 million bpd.

Kurdish PM asserts that any BP deal for Kirkuk oil fields in Iraq must involve Kurdish region, highlighting ongoing tensions with the central government.

The Kurdish Prime Minister urged inclusion in Kirkuk’s oil and gas redevelopment talks between Baghdad and BP. Historical ...

Baghdad and BP's negotiations over a major deal to redevelop Kirkuk's oil and gas fields must include Iraq's semi-autonomous ...

A leading Chinese contracting player has emerged as the preferred contractor for work on a large gas processing plant for the ...

Meeting follows non-binding memorandum of understanding announced last August that paves way for BP’s redevelopment of Kirkuk ...

British energy giant BP on Thursday said it would axe 4,700 staff jobs -- about five percent of its workforce -- and was cutting thousands of contractor roles to reduce costs.