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Crude Oil
Global Oil Demand Forecast to Fall by 4.9 Million Barrels Per Day in 2020: Rystad
Global oil demand could fall by as much as 4.9 million barrels per day (bpd), or by about 4.9 per cent, in 2020 due to the coronavirus outbreak, Norway's bigges…
Solar Power Plant
Lightsource BP Bankrolls 260-MW Solar Project in Texas
Partnership with BP facilitates long term power agreement and showcases the ability of the company to deploy large-scale solar projects.
Hydrogen Project
BP Backs Green Hydrogen Project in Germany
A group of companies that include BP have signed a letter of intent to develop a 100MW electrolyser for the industrial-scale production of green hydrogen.
Oil & Gas Trade
IEA: Oil Demand To Drop For First Time Since 2009
Global oil demand is set to drop this year for the first time since the financial crisis in 2009, the International Energy Agency (IEA) said on Monday, as it sl…
Gas Turbine
GE Mobile Gas Turbine To Help Power Bahamas
Bahamas Power & Light Co. Ltd. (BPL) recently installed a GE’s TM2500 mobile aeroderivative gas turbine that can supply up to 34 MW.
BP Exits Hat-Trick of US Trade Associations Over Climate Policies
Oil giant BP has announced that it will exit three US trade associations after a climate review.
BP Wants To Slash Carbon Emissions, But Has No Plan For Doing That
There is an old expression that says, “If you fail to plan, you have a plan to fail.” It’s good to have goals, but plans are what make achieving those goals …
Carbon Neutral
Can BP Become Carbon Neutral?
BP’s new chief executive Bernard Looney outlined an ambitious new objective on Wednesday to make the oil giant carbon-neutral by 2050 - the most exacting susta…
Crude
Russia Still Elusive On Deeper OPEC+ Oil Production Cuts
Russia is still reviewing the recommendation of the OPEC+ technical panel for additional cuts of 600,000 bpd in response to the slump in oil demand over the cor…
Solar Company
Canadian Solar Signs 1.2GW PV Supply Contract with Lightsource BP
Lightsource BP develops, acquires and manages large-scale solar projects and smart energy solutions.
Oil&Gas Drilling
BP Produces First Oil from Alligin Field Off UK
Oil major BP has announced early production from the Alligin field located in the west of Shetland region, offshore the UK.
Oil & Gas Trade
OPEC+ Considers 500,000 Bpd Cut In Emergency Meeting
The OPEC+ group of producers are said to be considering deepening the cuts by another 500,000 bpd, due to depressed oil demand amid the virus outbreak, OPEC and…
Oil&Gas Drilling
First Shafag-Asiman Exploration Well Spudded Offshore Azerbaijan
SOCAR and BP announced today that the first exploration well was spudded on the Shafag-Asiman offshore block in the Azerbaijan sector of the Caspian Sea on 13 J…
Solar Power Panel
Lightsource BP Spends $100 million on Equipment to Fuel Solar Expansion
San Francisco-based utility-scale solar developer Lightsource BP is prepping a 4-gigawatt pipeline of projects with “solar tracking” equipment from Array Tech…
Solar Power for Home
New Jersey Backs 45 Community Solar Projects
The New Jersey Board of Public Utilities (NJBPU) on Dec. 20 announced it has approved 45 applications in the first year of its Community Solar Energy Pilot Prog…
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