Iraqi oil export talks with Türkiye fail again
Talks faltered primarily over a proposed $16/bbl production cost for 185,000bpd.
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07 March 2025
Talks faltered primarily over a proposed $16/bbl production cost for 185,000bpd.
Adopted in June 2022 amid the energy crisis, the gas storage regulation secured EU gas supplies.
The Conservative Government first introduced a 25% windfall tax in May 2022, following soaring energy prices due to Russia's invasion of Ukraine.
The company is considering options including bank loans and capital market instruments.
This acquisition positions Petro-Victory and BlueOak for accelerated growth in Brazil's onshore oil and gas sector.
The transaction will see Prospera issue 18 million common shares to WTP shareholders.
The expansion is set to add 24 trains to the facility.
Exploration well WZ10-5-1Sa has encountered an oil and gas pay zone of 283m.
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