ConocoPhillips announced Friday that it had reached a deal with BP to join as minority partner in the British company’s oil production venture in northern

BP and ConocoPhillips are set to announce billions of dollars of new investments in Iraq on Friday.

BP and ConocoPhillips invest $25B in Iraq to counter Iran's energy influence. U.S.-Iran nuclear deal by August 13, 2026 at 1.6% YES.