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Oil & Gas Supply
Gulf Of Mexico Shut-In Production Rises To 1.7 Million Bpd
The amount of shut-in oil production in the Gulf of Mexico rose by 240,000 bpd between Wednesday and Thursday, to over 1.7 million bpd, the Bureau of Safety and…
Crude Oil
Oil Rises After Opec+ Agrees to more Supply
Group's joint ministerial monitoring committee expects a surplus of 2.5 million bpd in 2022
Oil Field
Iraq Approves BP's Plans to Spin off Rumaila Oilfield
Iraq's Cabinet has approved plans submitted by BP to spin-off the development of the Rumaila oilfield, the country's largest, as the oil company exits the count…
Hydrogen Project
Australia Can be a Global Hydrogen Hotbed Says BP
Large-scale production of green hydrogen and ammonia is technically feasible in Australia, according to a study conducted by global energy company BP.
Hydrogen Project
BP Says Australia is an Ideal Place to Scale up Green Hydrogen Production
Frédéric Baudry, BP Australia’s president, says study confirmed “the potential for scaled-up green hydrogen in Western Australia.”
Solar Power Plant
SOUTH AFRICA: RBPlat Plans to Equip its BRPM Mine with a 30 MWp Solar Power Plant
Mining company Royal Bafokeng Platinum plans to equip its Rustenburg platinum mine with a 30 MWp solar photovoltaic power plant.
Crude Oil
Pipeline Leak Cuts Libya’s Oil Production By 70,000 Bpd
Libya’s crude oil production fell on Monday by 60,000-70,000 barrels per day because pumping crude at an oilfield had to be reduced because of a leak in a pipe…
Crude Oil
Libya Looks To Boost Oil Production To 1.6 Million Bpd In 2022
Libya could boost its oil production to 1.6 million barrels per day by the middle of 2022 if the industry has the necessary funding
Crude Oil
Venezuela Plans To Revive Its Oil Industry Despite U.S. Sanctions
Venezuela is ignoring U.S. sanctions with its plan to boost production to 1.5 million bpd by the end of the year, around three times the current output.
Crude Oil
Sapref to Restart Durban Refinery
BP and Shell's South African joint venture Sapref will restart its 180,000 b/d Durban refinery tomorrow after a temporary shutdown last week in response to civi…
Oil Price
OPEC Sees World Oil Demand Reaching Pre-Pandemic Level in 2022
OPEC said that that demand next year would rise by 3.4% to 99.86 million barrels per day, averaging more than 100 million bpd in the second half of 2022.
Oil Field
BP and Lukoil Considering Selling Stakes in Iraq
Oil minister describes country's investment environment as 'destructive' for international oil companies
Crude Oil
Goldman Sachs: Oil Markets To See Deficit Of 5 Million Bpd By End 2021
The oil market will end 2021 in a deficit of 5 million bpd as demand grows by another 2.2 million bpd in the second half of the year
United Kingdom
Huawei, Bp Subsidiary Partner to Reduce UK Energy Costs by 20%
A new partnership between Lightsource Labs, a subsidiary of Lightsource bp, Huawei, and renewable energy solutions firm Midsummer, aims to help UK households to…
Solar Power Plant
Lightsource BP Solar Project in Spain Starts Commercial Operations
Under an operations and maintenance agreement, Prodiel will continue to maintain the solar cluster for the next two years.
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