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Offshore Wind Power
Oil Major BP Makes First Ever Move In Offshore Wind Energy
BP is making its first move into the offshore wind market with a strategic partnership in U.S. offshore wind assets with Equinor in a deal worth US$1.1 billion.
Oil Price
Russia’s Novak Says 2020 Oil Demand Could Fall by Up to 10 Million bpd
Global oil demand could fall by 9-10 million barrels per day this year due to impact of the COVID-19 pandemic, Russian Energy Minister Alexander Novak said on F…
Crude Oil
OPEC Production Rises By 950,000 Bpd In August
OPEC produced more oil in August than it did in July as the cartel continued to relax its production cuts, a Reuters survey has revealed, with recovering demand…
United Kingdom
BP to Sell London Headquarters as Work Style Shifts
BP Plc plans to sell its headquarters in central London as it cuts jobs and adopts flexible working.
EV Market
Tesla Now Worth more than Exxon Mobil, Shell and BP Combined
Nothing slows down Tesla on its rise. Last Thursday, the action of the firm reached the symbolic mark of 2,000 dollars
Energy Transition
BP, Pale Blue Dot Scoop ‘Energy Transition’ Prize
BP and Pale Blue Dot were among winners of the 2020 Offshore Achievement Awards during a virtual ceremony on 14 August.
United Kingdom
BP Joins European Clean Hydrogen Alliance
As part of its focus on low carbon energy, BP has joined the European Clean Hydrogen Alliance.
Azerbaijan
BP Says it has no Plans to Scale down Oil and Gas in Azerbaijan
British oil major BP has no plans to scale down its oil and gas business in Azerbaijan amid global plans to rebalance its portfolio towards renewables.
Gas power plant
Siemens and BP to Expand Largest Gas-to-Power Project in Latin America
Brazil-based State Power Investment Corporation, has signed a deal with EIG Global Energy Partners, bp and Siemens to acquire a 33% stake in the largest gas-to-…
LNG
Brazil’s SPIC to Acquire Stake in LNG-to-Power Projects
Brazil’s State Power Investment Corporation (SPIC) has signed an agreement with Siemens, BP and Prumo to acquire a 33% stake in two LNG-to-power projects.
Azerbaijan
BP has Ambitious Long-Term Plans for Work in Azerbaijan's Oil&gas Sector
BP will continue its business in Azerbaijan, Bakhtiyar Aslanbayli, BP’s communications and advocacy vice president for the Middle East and Caspian Region state…
Crude Oil
Aramco Aims to Boost Production Capacity to 13 Million Bpd
The world’s largest oil company is looking to raise its production capacity by an extra million barrels per day.
Energy Transition
BP CEO on Clean Energy Transition, Natural Gas, Trading
Aug.05 -- Bernard Looney, chief executive officer at BP Plc, discusses the company’s clean energy transition, the natural gas business and the trading business…
Biobattery
BP Net Zero Strategy Features Increased Bioenergy Production
BP on Aug. 4 announced a new strategy to transform from an international oil company focused on producing resources to an integrated energy company.
Electric Vehicle Charging
ChargePoint Raises Another $127M as EV Charging Wars Heat Up
Latest round brings ChargePoint’s total funding to $660 million, as it competes with deep-pocketed rivals such as BP Chargemaster and Shell’s Greenlots.
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