Tuesday, August 18, 2026
bp adds TPAO to Kirkuk oil field redevelopment partnership in Iraq- oil and gas 360

bp adds TPAO to Kirkuk oil field redevelopment partnership in Iraq

(World Oil) – bp has agreed to bring Türkiye Petrolleri Anonim Ortaklığı (TPAO) into its Kirkuk redevelopment project in northern Iraq, with the Turkish national oil company acquiring a 15% interest in BP Energy Company of Kirkuk Limited (BP ECKL). The agreement, signed during Iraqi Prime Minister Ali Al-Zaidi’s official visit to Türkiye, builds on a strategic cooperation memorandum of understanding signed by bp and TPAO

Kazakhstan battles Big Oil in $3.5 Billion arbitration case- oil and gas 360

Kazakhstan battles Big Oil in $3.5 Billion arbitration case

(Oil Price)– Kazakhstan expects a court ruling on its $3.5-billion lawsuit against international majors by the end of this year, Energy Minister Yerlan Akkenzhenov said on Monday as the country is suing Big Oil in several separate proceedings with total compensation and damage claims of more than $160 billion. The first arbitration ruling, against the consortium operating the Karachaganak oil