MARKETS

BP opts out of Iran offer

IRAN has published a list of 29 companies that have been approved for bidding oil and gas projects using the new, less restrictive Iran Petroleum Contract, but BP’s name was noticeably not on the list.

BP opts out of Iran offer

  BP reportedly opted out of the first wave of IPCs, leaving the field open for the likes of Shell, France's Total, Italy's Eni, Malaysia's Petronas, Russia's Gazprom and Lukoil, Danish conglomerate...

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