Exclusive: BP Pulls Out of Iraq’s Kirkuk Field as Expansion Plans Stall
LONDON/BAGHDAD (Reuters) – BP has pulled out of Iraq’s giant Kirkuk oilfield after its $100 million exploration contract expired with no agreement on its expansion, dealing a fresh blow to Iraq’s hopes to expand it oil output, three sources told Reuters. The move comes as Western energy companies reassess their operations in Iraq amid political …
News story posted on 2020-01-21T12:41:00.0000000Z
