BP and ConocoPhillips to Announce Major Investments in Iraq During U.S.-Iraq Business Summit
BP (ticker: BP) and ConocoPhillips (COP) are set to announce significant investments in Iraq during the U.S.-Iraq Business Summit, aiming to strengthen the country's energy sector and reduce reliance on routes vulnerable to Iranian disruption. The event is expected to feature over $60 billion in agreements between U.S. companies and the Iraqi government.
Topics: Energy International Business Oil & Gas