Canadian pension fund CPP Investments is weighing strategic options, including a sale or initial public offering, for Encino Acquisition Partners that could value the U.S. oil and natural gas producer ...
--FTSE 100-listed oil major BP is close to signing a 25-year contract to spend up to $25 billion on redeveloping four Kirkuk oil and gas fields, Reuters reports, citing a senior Iraqi oil official.
BP is expected to spend as much as $25B to redevelop four Kirkuk oil and gas fields, a senior Iraqi oil official told Reuters, as the country seeks to win back foreign investment.