CAIRO, March 23 (Reuters) - Iraq plans to raise oil production capacity to more than 6 million barrels per day (bpd) by 2029, the state news agency reported Iraq's oil ministry as saying on Sunday.

BP has received final government approval for the redevelopment of Iraq's giant Kirkuk oil fields, with an initial plan to produce 3 billion barrels of oil equivalent, the company said on Wednesday.

Mandy Taheri is a Newsweek reporter based in Brooklyn. She joined Newsweek as a reporter in 2024. You can get in touch with Mandy via email: [email protected]. Languages: English, French Last ...

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