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Energy Transition
British Energy Giant Bp to Buy Biogas Producer Archaea in $4.1bn Deal
Archaea Energy operates 50 renewable natural gas and landfill gas-to-energy facilities across the US, producing around 6,000 barrels of oil equivalent a day of …
Oil Price
BP Looking at Billions in Buybacks for Q4
British oil and gas supermajor BP Plc. has announced plans to buy back $2.5 billion in shares after an impressive third quarter.
OPEC
OPEC Oil Output Falls by 20,000 Bpd in October -Reuters Survey
The following table shows crude output by the Organization of the Petroleum Exporting Countries (OPEC) in millions of barrels per day (bpd) in October and Septe…
Alok Sharma Calls for Increased Windfall Tax After BP Bumper Profits
Cop26 president says 'excessive profits' must be treated in 'the appropriate way' when it comes to taxation.
Electric Vehicle Charging
Bp Pulse Unveils Plans for Gigahub EV Fast-Charging Network
Los Angeles International Airport is the first planned location for the hub, with the network serving ride-hailing and taxi fleets.
Natural Gas
Bp Doubles Profits From Oil and Gas Prices
From July to September the company made $8.2bn
Hydrogen Project
Hydrogen to Deliver More Than $8.7BN Annually to the UAE Economy – Report
Opportunities are driving multibillion-dollar investments individually and jointly, through bilateral agreements such as the strategic partnership between bp, A…
Britain’s Lightsource BP Races to Hook Solar Farms to Batteries
Lightsource BP aims to rapidly grow battery capacity at its solar farms around the world to reach 4 gigawatts (GW) by 2025 in order to store and supply power at…
Oil Refinery
Exxon Mobil Says French Refineries Could Take 2-3 Weeks to Fully Restart
Exxon Mobil's 140,000 barrel per day (bpd) fos-Sur-Mer and 240,000 bpd Port Jerome-Gravenchon oil refineries in France could take 2-3 weeks to fully restart aft…
Oil Refinery
Guyana Opens Tender for Its First Oil Refinery
Guyana has called for proposals to design, finance and build a 30,000-barrel-per-day (bpd) oil refinery, the first for the South American country as it becomes …
Natural Gas
BP Buying Leading RNG Production Group in $4.1 Billion Deal
British oil major BP is continuing to diversify its energy portfolio, announcing a deal to acquire a company considered an industry leader in production of rene…
Wind Farm
BP to Triple Offshore Wind Farm Workforce as It Seeks to Reach Green Goals
Oil major aims to reach about 800 employees in the business unit next year
Floating Offshore Wind
New Study to Maximise Celtic Sea Floating Wind Supply Chain
German energy company RWE has commissioned UK-based Marine Power Systems (MPS) to develop a project plan for delivering up to 1GW of floating wind using the por…
Oil Price
BP, Chevron Cut Offshore Oil Production Ahead of Hurricane Ian
BP Plc and Chevron Corp on Monday said they have shut-in production at offshore oil platforms in the Gulf of Mexico, as a powerful Hurricane Ian bore down on th…
Oil Refinery
Strike Action Hits Exxon Mobil’s Oil and Petrochemical Plants in France
Strike action has reduced output at Exxon Mobil's 240,000 barrel per day (bpd) Port Jerome-Gravenchon oil refinery and Notre Dame de Gravenchon (NDG) petrochemi…
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