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BP Signs Agreement for Kirkuk Oil Fields Development

Iraq Business News: Oil & Gas

The agreement, signed in Baghdad on Tuesday under the patronage of Prime Minister Mohammed Shia Al-Sudani, encompasses oil, gas, power and water development, with potential for future exploration investment. BP subsequently expects to form a standalone incorporated joint venture to hold its interests in the operator.

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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

Cash Flow from Operations 4Q 2024 : $7.43 billion Despite stronger operational cash flow quarter-on-quarter, the company reported a net loss of $2 billion (vs. a $200 million profit in 3Q) after booking $1.5 billion Analyst Consensus : $1.26 billion 3Q 2024 : $2.27 This measure, akin to net income for U.S.

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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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