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Crude Oil
Saudi Arabia And Russia Could Raise Oil Production By 1 Million Bpd
Saudi Arabia and Russia are talking about bringing back online 1 million bpd to the oil market, citing sources familiar with the matter.
Crude Oil
Opec+ to Convene Amid Robust Recovery in Global Oil Prices
The group could raise output by 500,000 to 700,000 bpd
Crude Oil
Digital Technology Powers Adnoc's Plans to Reach 5m bpd Capacity by 2030
Adnoc's Thamama centre generates $1.1bn in business value by leveraging technology
Solar Power Plant
Lightsource BP Swoops on 845MW Spanish Solar
Lightsource BP has acquired an 845MW solar portfolio in Spain from Iberia Solar.
Energy Transition
Rosneft, BP Forge Renewables Alliance
Russian, UK oil giants target green power projects as part of strategic collaboration
Crude Oil
OPEC+ Now Sees Weaker Oil Demand Growth For 2021
OPEC+ expects global oil demand to rise by 5.6 million barrels per day this year—lower estimated growth than OPEC’s assessment of 5.9-million-bpd demand incre…
United Kingdom
BP Profit Sinks As Epidemic Pummels Demand
On annual basis, BP sunk to a loss of $5.7 billion, its first in a decade after it wrote down the value of oil and gas assets by $6.5 billion as a result of sha…
Gas power plant
Siemens, BP and Prumo Transfer Brazil LNG Projects Stake to SPIC
SPIC Brasil has acquired a 33% stake in two LNG-to-power projects from Siemens, BP and Brazilian company Prumo.
Electric Car
Siemens and Aral Advance E-Mobility
Aral AG (Aral), a subsidiary of the bp group in Germany, has tasked Siemens Smart Infrastructure with expanding the grid connection at 30 selected petrol statio…
Energy Infrastructure
BP’s German Subsidiary Selects Siemens to Expand EV Infrastructure
Siemens Smart Infrastructure has been selected by Aral AG, a subsidiary of the bp group in Germany, to install intelligent substations at some 30 existing gas s…
Solar Power Plant
Lightsource BP Inks 152MW US Solar Offtake
Bellflower PV farm is expected to become operational in 2022
Crude Oil
Libya Oil Comes Back to Life but with Fragile Infrastructure
Libya is now producing 1,224 million barrels per day — a tenfold increase from a 121,000 bpd average in the third quarter of 2020, before the ceasefire deal.
Oil&Gas Drilling
Oil Major BP Significantly Downsizes Oil Exploration Division
As part of its ambition to reduce oil and gas production and raise investments in clean energy, BP has been cutting staffing levels at its oil and gas explorati…
Solar Power Plant
Lightsource BP and RIC Energy Partner up on Spanish Solar Projects
Through the partnership, Lightsource bp, a company specialising in the development and management of solar energy projects, has acquired a 1.06 GW project portf…
Offshore Wind Power
Equinor and BP win 2.49GW Offshore Wind Contracts in US Auction
Norwegian power giant Equinor and partner BP have won two offshore wind tenders in the US, with a total capacity of 2.49GW.
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