ConocoPhillips Expands Iraq Footprint, Acquires 42% Stake in Kirkuk Fields
ConocoPhillips acquires a 42% interest in BP Energy Company of Kirkuk Limited, boosting its presence in Iraq's producing oil fields.
Market-moving news and intelligence across global energy markets.
ConocoPhillips acquires a 42% interest in BP Energy Company of Kirkuk Limited, boosting its presence in Iraq's producing oil fields.
ConocoPhillips will acquire a 42% interest in BP ECKL, gaining access to four producing oil fields in Iraq's Kirkuk area, bolstering its global portfolio.
Shell's $16.4 billion acquisition of ARC Resources is set to close, significantly expanding its Montney shale gas footprint and reinforcing its LNG Canada
Mozambique's $50 billion LNG sector demands global standards from local businesses, emphasizing competition over protection for contracts and jobs.
Vietnam's Cai Mep LNG terminal has commenced gas deliveries to the Phu My power complex, marking a significant step in the nation's energy transition.
Global oil benchmarks Brent and WTI climb significantly as escalating US-Iran conflict disrupts Middle East supply routes, pushing prices to multi-week hig
Global crude oil benchmarks Brent and WTI surge by nearly 12% as escalating US-Iran hostilities threaten Strait of Hormuz and Red Sea shipping, raising sup
TotalEnergies expects strong Q2 2026 results, buoyed by higher Brent prices and robust refining margins, despite a dip in LNG trading performance.
Asian refiners are well-positioned to export petroleum products to Europe and the US, capitalizing on healthy margins amid renewed Middle East conflict and
We use cookies to improve your experience, analyse site traffic, and personalise content. You can accept all, reject non-essential cookies, or customise your preferences. Read our Privacy Policy and Cookie Policy.
Strictly Necessary
Required for the site to function. Cannot be disabled.
Analytics
Google Analytics, Microsoft Clarity, and Hotjar to understand usage.
Functional
Theme preference, accessibility settings, and PWA install prompt.