Home / Tag Archives: BP (BP.L) has pulled out of Iraq’s giant Kirkuk oilfield after its $100 million exploration contract expired with no agreement on the field’s expansion

Tag Archives: BP (BP.L) has pulled out of Iraq’s giant Kirkuk oilfield after its $100 million exploration contract expired with no agreement on the field’s expansion

BP pulling out of Iraq amidst regional tensions

BP (BP.L) has pulled out of Iraq’s giant Kirkuk oilfield after its $100 million exploration contract expired with no agreement on the field’s expansion, dealing a fresh blow to Iraq’s hopes to increase its oil output, three sources told Reuters. The move comes as Western energy companies reassess their operations …

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