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ADIPEC Days I & II: All about 'Energy^AI'

Oilholics Synonymous Report

The first two days of ADIPEC 2024 in Abu Dhabi have whizzed by with one theme dominating proceedings - the deployment of AI as a service. ADNOC's move - dubbed Energy^AI or 'energy to the power of AI' will be in partnership with government-backed G42, AiQ and Microsoft.

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Profits or Planet? BP’s ‘New Beginning’: The Shift from Low Carbon to Core Oil and Gas and Q4 2024 Results

Rextag

Financial Performance: 4Q and Full-Year 2024 Results BPs latest financial disclosures offer a revealing snapshot of its current challengesand opportunities: Underlying Replacement Cost Profit 4Q 2024 : $1.17 billion 3Q 2024 : $2.27 billion 3Q 2024 : $2.27 Cash Flow from Operations 4Q 2024 : $7.43

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BP Signs Agreement for Kirkuk Oil Fields Development

Iraq Business News: Oil & Gas

BP has reached a contractual agreement with the Government of Iraq to invest in the rehabilitation and redevelopment of several giant oil fields in Kirkuk. We thank the Government of Iraq for the trust and privilege to deepen our cooperation in-country. " It also builds upon BP's previous work on the Kirkuk fields from 2013 to 2019.

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30% of Ghana’s crude oil consumption purchased through Gold for oil programme – Lands Minister

Reporting Oil and Gas

Jinapor emphasized that the government’s decision to acquire crude oil without relying on dollars through this innovative approach had significantly curtailed the depreciation of the Ghana Cedi, playing a crucial role in bolstering the national economy. Additionally, petrol prices decreased from GHS23 per litre to GHS12 per litre.

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New Business Courts: Strategic Considerations for Oil and Gas Counsel

Producer's Edge

Introduction On September 1, 2024, Texas unveiled a significant change to its legal landscape: the opening of the new Texas Business Courts, which, for now, is comprised of five separate divisions. These five divisions are fully operational beginning September 1, 2024. Their limited jurisdiction, set forth in Texas Government Code Sec.

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The Great Energy Debate: Why the IEA's Peak Oil Forecast Might Be Completely Wrong - 23 Wrong Assumptions

Rextag

The International Energy Agency (IEA), once regarded as the gold standard for energy forecasting, now faces significant criticism for its 2024 World Energy Outlook (WEO). Ford lost $60,000 per EV in 2024, forcing automakers to scale back production. The affordability crisis in EVs is making government incentives unsustainable.

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Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360º

.” Strategic Rationale Solidified Position Within the Large-Cap Universe: The combined company will have an enterprise value of $15 billion 1 and 370,000 boe/d 2 (63% liquids) of corporate production with significant overlap across both unconventional and conventional assets. million acres in Alberta.

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