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Oil & Gas Trade
Saudi Arabia and Iraq Agree to Intensify OPEC Cooperation
The ceiling compares with Iraq’s actual production of over 4 million bpd in April.
Rooftop PV System
Port of Hull Sees 6.5MW Rooftop Solar Array Installed
Associated British Ports has unveiled a new solar PV installation at the Port of Hull that has doubled ABP Humber Ports’ renewable energy generation.
Hydrogen Project
Orsted, BP Join Forces on German Green Hydrogen Project
Electrolyser at the Lingen refinery in Emsland is due to be operational in 2024.
Market Analysis
Five Key Climate Metrics for the Oil and Gas Sector's Next Five Years
It’s an unforgiving time to navigate the choppy waters of oil and gas investment. Demand destruction from the COVID-19 pandemic has eroded earnings, dented div…
Crude Oil
Libya Oil Output Hits 800,000 Bpd
Libya’s crude oil production has reached 800,000 bpd.
Oil Field
BP Starts Gas Production from Qattameya Field, Offshore Egypt
BP has announced the start of gas production from its latest development offshore Egypt – the Qattameya gas field in the North Damietta offshore concession.…
Oil Field
EGYPT: BP Starts Gas Production from Qattameya field
BP has announced the start of gas production from its latest development offshore Egypt – the Qattameya gas field in the North Damietta offshore concession.…
Oil Field
BP Starts Oman's Giant Ghazeer Gas Field
BP started production at Oman's giant Ghazeer natural gas field in Oman which is set to underpin the company's oil and gas output for years even as it shifts to…
Crude Oil
Libya’s Central Banks Wants To Lift Oil Output To 1.7 Million Bpd
The governor of the Libyan central bank has called for the increase of oil production to 1.7 million bpd as soon as possible as the country’s economy continues…
Nuclear Power Plant
Russia Approves Modernisation of PIK Reactor
Russia’s Glavgosexpertiza experts have approved the project for the modernisation of the PIK reactor at BP Konstantinov St Petersburg Nuclear Physics Institute…
Crude Oil
Russian Oil Production Tops OPEC+ Quota In September
Russia produced an average of 9.93 million bpd of crude oil and condensates last month, a little above its OPEC+ quota but still down 11.8 percent on the year, …
Oil & Gas Trade
BPCL Pays for Defaulting Videocon in Brazil Oil Block
State-owned Bharat Petroleum Corp Ltd has been forced to pay for its defaulting partner Videocon Industries Ltd after it had relied on a rarely used model to ac…
Energy Transition
BP to Support Microsoft in Meeting 2025 Renewable Energy Targets
British oil and gas company BP has agreed to supply Microsoft with renewable energy to help meet the tech giant’s 2025 renewable energy goals.
Oil Price
OPEC Cuts Oil Demand Forecast For 2020, Again
OPEC revised down by another 400,000 bpd its forecast for global oil demand this year, expecting consumption to shrink by 9.5 million bpd over 2019.
Ireland
Lightsource BP Sells Five Solar Energy Projects to Statkraft Ireland
Solar energy developer Lightsource BP, a joint venture of BP PLC, said on Thursday it had sold five solar energy projects to Statkraft Ireland.
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