Contracts1 month agobp Uses Valaris Deepwater Rig to Drill 5 New Gas Wells Offshore the Mediterraneanbp has signed a contract with Valaris, an American offshore drilling contractor, to drill five new natural gas wells in…
International1 month agoBP wins arbitration case against Venture Global over LNG delivery failureVenture Global is stated to have breached its obligations by not declaring commercial operations at the Calcasieu Project in a…
Regional1 month agoSerica Energy plc Proposed acquisition of UK North Sea assets from BPSerica Energy plc is pleased to announce the signing of an agreement to acquire the entirety of BP’s stake in…
International1 month agobp delivers on six start-ups in 2025Murlach is bp’s sixth major project start-up in 2025, in line with its strategy to grow the upstream business. Two-well…
International1 month agoOil Majors Brace for Dividend Drought as Sub-$70 Crude BitesSub-$70 oil is squeezing margins, forcing Exxon, Chevron, and BP to rethink $100 billion in annual returns. Dividends to Dry…
International2 months agoBP seeks partner for Brazil oil discoveryBP, opens new tab will seek a partner for its major Bumerangue oil discovery in Brazil and could close a…
International2 months agoNew BP Chair Manifold urges faster oil and gas strategy shiftNew BP, opens new tab Chair Albert Manifold told employees on Tuesday that the group’s portfolio was “overly complex” and…
Decommissioning2 months agobp award THREE60 Energy and AF Gruppen Andrew decommissioning project in the UKA new joint venture (JV) between THREE60 Energy (THREE60) and AF Offshore Decom (AFOD), a subsidiary of AF Gruppen, has…
Regional2 months agoBP predicts higher oil and gas demand, suggesting world will not hit 2050 net zero targetConflict in Ukraine and Middle East as well as trade tariffs are making states focus on energy security BP has…
International2 months agoBP’s Brazil oil discovery signals receding fears of stranded assetsBP Bumerangue discovery in Brazil could hold over 2 billion barrels of oil reserves Discovery comes as oil majors revive…