, a B2B tech startup transforming the procurement of industrial supplies in the Middle East, has secured seed funding in a round led by Plus VC , a leading early-stage venture capital firm known for ...

Iraq approved BP’s $25B contract to develop key Kirkuk oil fields. The Western megadeals may stabilize Iraq’s oil ambitions and play a role in softening Baghdad–Erbil tensions. The BP deal signals a ...

Forbes contributors publish independent expert analyses and insights. Ken Silverstein covers global energy and climate issues. An Iraqi girl uses a lantern to do her homework in Baghdad 18 March 2006.

Deployment of the latest seismic and drilling technology will be critical to the success of BP’s exploration plans in Iraq’s Greater Kirkuk area, according to a top executive at the supermajor.