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BP, Kirkuk and Auchincloss

Kirkuk deal is BP’s 'most important' in 20 years, CEO Auchincloss says

BP's (NYSE:BP) deal to redevelop oil and gas fields in Iraq's Kirkuk region eventually will be viewed as of the company's most important transactions in 20 years, CEO Murray Auchincloss said Wednesday during the launch of its anticipated strategic reset.

Upstream · 7h

Iraq deal 'one of most important' BP transactions in 20 years: Auchincloss

BP will redevelop 3 billion barrels of oil equivalent across five fields in Iraq, all of which are currently operated by state-owned North Oil Company.

Zacks.com on MSN · 8h

BP Signs Major Oilfield Redevelopment Deal for Kirkuk Oilfields

BP plc BP, the British oil and gas giant, has inked an agreement with Iraq for the redevelopment of four oilfields in Kirkuk. This is a significant development for Iraq, given that its oil and gas output has been restrained for several years due to challenges like war,

Hosted on MSN · 1d

BP signs deal with Iraq to invest in Kirkuk oilfields

UK energy company BP has signed an agreement with the Iraqi government to invest in several giant oilfields in Kirkuk, in a move expected to provide a big boost to the Opec producer's energy production.

1hon MSN

BP to slash spending on net zero ventures as it focuses on oil and gas again

LONDON (AP) — British energy company BP confirmed Wednesday that it would slash spending on green ventures and increase its ...

BP to Focus More on Oil and Gas in Strategy ‘Reset’

The energy giant said it would cut planned investment in clean energy and redirect spending toward fossil fuels.

4hon MSN

BP shifts more to oil and gas production in a move to focus less on renewables

BP, the British Oil major, said Wednesday it is refocusing the company on its core oil and gas business and reducing ...

BP announces 'reset' with slashed renewables investments and $20 billion in divestments

In addition to divesting $20 billion of assets, BP plans to slash investments in renewables and boost growth elsewhere.

BP cuts renewable investment and boosts oil and gas in strategy shift

BP slashed planned investment in renewable energy and said on Wednesday it would increase annual oil and gas spending to $10 ...

Upstream7h

'Too far, too fast': BP reveals strategy reset

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devdiscourse14h

BP's Strategic Shift: A Return to Roots in Fossil Fuels

BP will increase annual oil and gas investments to $10 billion under CEO Murray Auchincloss, focusing on fossil fuels to ...

BP to boost oil and gas spending by $10B, slash renewable investment in major strategy shift

BP said it would increase annual oil and gas spending to $10 billion and cut planned annual investment in energy transition businesses by more than $5 billion.

3hon MSN

Fate of BP top brass in the balance after: Activist Elliott 'evaluating' new strategy as oil giant ditches green agenda

Activist investor Elliott was last night poring over BP’s new strategy after the energy giant admitted its rush to Net Zero ...

devdiscourse14h

BP's Bold Investment Shift: Doubling Down on Fossil Fuels

BP is set to increase its annual investments in oil and gas to $10 billion, signaling a shift back to fossil fuels under CEO ...

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BP, Kirkuk and Auchincloss

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