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NEW YORK: Oil prices fell more than 2% to a two-month low on Tuesday on negative economic news from the US and Germany, ...

By John Lee. BP has reached a contractual agreement with the Government of Iraq to invest in the rehabilitation and ...

Oil prices fell about 2% to a two-month low on Tuesday on weak economic news from the U.S. and Germany that fed fears of ...

The Houston oil giant is abandoning its goal of growing its renewable generation capacity 20-fold by 2030, Reuters reports.

BAGHDAD, Feb. 25 (Xinhua) -- Iraq signed an agreement with British oil giant BP on Tuesday to rehabilitate and develop four major oil fields in Iraq's northern province of Kirkuk.

Russia's huge oil and gas presence in neighboring Iran may give it an advantage in creating synergies in Iraq.

Iraq and oil giant BP signed a contract to redevelop Kirkuk's four oil and gas fields. BP announced the deal on Tuesday. This ...

Brent futures fell $1.61, or 2.25 per cent, to $73.17 a barrel by 10:34 a.m. EST (1534 GMT), while U.S. West Texas ...

The agreement includes oil and gas production of more than 3 billion boe and Baba and Avanah domes of Kirkuk oil field and three adjacent fields, Bai Hassan, Jambur, and ...

The state-owned North Oil Company (NOC) and British Petroleum (BP) signed on Tuesday an agreement to develop four oil fields ...