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Shell $SHEL Global demand for liquefied natural gas is estimated to grow by around 60% by 2040, driven mainly by economic growth in Asia, the impact of artificial intelligence and efforts to reduce emissions in heavy industry and transport, Shell said in its annual report on Tuesday.

BP $BP Iraq has signed an agreement with oil giant BP to upgrade four oil and gas fields in Kirkuk, Iraq's state news agency reported on Tuesday. The deal marks a major advance for Iraq, a country whose oil production has been constrained for years by war, corruption and sectarian conflict.

Eli Lilly $LLY Eli Lilly said Tuesday it has started selling higher doses of its popular weight-loss drug Zepbound in vials at a $150 discount to the price of injectable versions in the U.S. as it tries to spur demand for the drug.