Iraq's West Qurna-2 oil field is likely to witness a considerable boost in production levels in the coming months.

KBR KBR shares are down on Monday after the company announced a contract with Iraq-based Basra Oil Company. The project is expected to enhance crude production and modernize field facilities for the ...

Iraq could nearly double its output from the West Qurna 2 oilfield to 800,000 barrels per day (bpd) as Chevron enters ...

Chevron said it signed a preliminary deal with Basra Oil Company to explore the potential sale of Iraq's West Qurna 2 project ...

Chevron Corp. emerged as the front-runner to take control of Iraq’s second-largest oil complex from Russian producer Lukoil ...

The Iraqi Ministry of Oil revealed on Thursday that flared gas recovery reached 86 percent in three oilfields.

Lukoil previously owned three-quarters of the field. It is in the process of selling its international assets after being hit ...