Kirkuk’s oil sector in February 2025, marking its third attempt to operate in the region amid ongoing geopolitical ...

Weak oil trading and declining refining margins are expected to lower the fourth-quarter earnings at BP, the UK-based supermajor said on Tuesday, joining other international giants in flagging ...

BP (NYSE:BP) plans to increase oil production at India's largest field by 44% and gas production by 89%, state-controlled Oil & Natural Gas Corp. said Thursday. The comments came a day after ONGC ...

BP projected an increase in oil production by 44% to 65.41 million tons and gas output by 89% to 112.63 BCM from the Mumbai High field, which was discovered in 1974. India, the world's third ...

while others believed that BP was backtracking when Looney scaled down production cut targets in 2023 to capitalize on high oil prices. Looking at Auchincloss, time will tell if he's capable of ...

The Nigerian Upstream Petroleum Regulatory Commission says the country’s oil rig count has risen to 32. The NUPRC Chief Executive, Gbenga Komolafe, announced this during his recent appearance ...

LONDON, Jan 15 (Reuters) - Iraq and British oil major BP (BP.L), opens new tab will sign a mammoth deal covering four Kirkuk oil and gas fields by the first week of February, Oil Minister Hayan ...

Also, Refining margins are projected to decline by $0.1 billion to $0.3 billion, with increased turnaround impacts, while oil trading performance is anticipated to be weak. BP now anticipates a ...

BP is planning to cut more than 5% of its 90,000-strong workforce as part of a cost-cutting drive. The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs ...

BP PLC delayed a highly anticipated presentation ... prepared to give the crucial strategy update. Investors are looking for change after the London-based company fell far behind its fellow oil majors ...

The total U.S. rig count is made up of 480 oil rigs, 100 gas rigs, and four miscellaneous rigs, according to the count, which revealed that the U.S. total comprises 522 horizontal rigs ...