Deep in the Oman desert lies one of BP’s more lucrative projects, a mass of steel pipes and cooling towers that showcases the British energy giant’s pioneering natural gas extraction Continue Reading
BP is still losing money from its renewable energy ventures, while it is selling stakes in oil and gas developments. The UK-based supermajor’s current pace of moving into clean energy Continue Reading
The production of green hydrogen and green ammonia is technically feasible at scale in Australia, but will require a major investment in port, electricity and water services, BP said on Continue Reading
BP Plc followed its Big Oil peers by increasing dividends and share buybacks as higher crude prices boosted profit. The oil majors — with the notable exception of Exxon Mobil Continue Reading
Iraqi Oil Minister Ihsan Abdul Jabbar said in a video posted on Saturday on the ministry’s Facebook page that BP (BP.L) was considering withdrawing from Iraq, and that Russia’s Lukoil Continue Reading
The point at which oil demand will peak has long been a focus of debate. bp chief economist Spencer Dale and Bassam Fattouh, director of The Oxford Institute for Energy Continue Reading
BP will continue producing hydrocarbons for decades to come and will benefit from rising oil prices even as it reduces output as part of its shift to low-carbon energy, Chief Continue Reading
British oil major BP (BP.L) will join Norway’s Statkraft (STATKF.UL) and Aker Offshore Wind (AOW-ME.OL) to bid for permits to build offshore wind power projects off Norway, the companies said Continue Reading
Global oil demand is set to rebound and remain robust for some time, BP’s chief executive Bernard Looney told Bloomberg News on the sidelines of an economic forum in Russia, Continue Reading
BP revealed that it has reached an agreement to purchase nine gigawatts (GW) of solar development projects in the U.S. from 7X Energy. BP, which expects the deal to complete Continue Reading
