The production capacity of the BGC has been significantly increased, with the addition of 80 million standard cubic feet of ...

Mumbai High, once the pride of Indias energy sector, has seen a sharp production drop. To address this, ONGC has forged a partnership with BP, which managed to transform Iraqs Rumaila oilfield.

The recent reiteration by Iraq Oil Ministry of a 7 million barrels per day (bpd) oil production target within the next five ...

Another reason Jefferies is upbeat about ONGC is because Mumbai High is geologically similar to Iraq’s largest oil field- Rumaila. After BP’s was inducted into a technical services contract ...

With an estimated nine billion barrels of recoverable oil in the area, bp maintains a presence through a 50% stake in a joint venture operating the Rumaila oilfield in southern Iraq, where it has ...

A China-Iraq finance program is set to provide billions of dollars for a seawater supply project that promises to enable a ...

Iraq's nationwide crude production fell by about 60,000 barrels per day (bpd) in February, largely due to a partial outage at the Rumaila oil field caused by a large fire that destroyed a storage tank ...

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