11:30 AM EST, 02/04/2025 (MT Newswires) -- BP (BP) is poised to spend up to $25 billion over the lifetime of a project to redevelop four oil and gas fields in Kirkuk, Iraq, Reuters reported Tuesday, citing a senior Iraqi oil official.

BP did not immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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