BP plc BP is considering spinning off its Iraq operations into an independent organization as part of plans to pivot from oil and gas and refocus on cleaner energy, reported The Wall Street Journal.

BP plc BP received approval to spin off its Iraq operations into an independent entity by the country’s Council of Ministers, per a report by Reuters. The company aims to limit its exposure to assets ...

BP is considering spinning off its oil assets in Iraq, including its holding in the world’s third-largest oilfield, into a company separate from the supermajor, which has set its sights on investing ...