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Combination will grow BP’s existing biofuels business by more than 50%
British Petroleum
Posted inO&G/RPME Awards
Judging panel for the Middle East Energy Awards revealed
These experts from across the upstream, downstream and utilities sectors will convene to decide the winners of the Middle East Energy Awards
Posted inProducts & Services
BP invests $30mn in technology to produce animal feeds from natural gas
Latest venturing investment will see natural gas transformed into protein for fish and animal feeds, which could help meet growing global demand for protein feed more sustainably
Posted inDRILLING & PRODUCTION
BP CEO: “The world is on an unsustainable path”
The oil major’s 68th Statistical Review of World Energy found a siparity between demands for climate change action and the actual pace of progress
Posted inDRILLING & PRODUCTION
Dragon Oil will reportedly buy BP’s $600mn stake in Egypt company
This deal is part of Dragon Oil’s ambitious $13bn expansion plan
Posted inDRILLING & PRODUCTION
More than 99% of BP shareholders voted in favor of climate change resolution
The oil major is the latest to review its membership with trade associations, as oil companies come under pressure to curb emissions
Posted inDRILLING & PRODUCTION
BP and Shell each give $1mn to lobby for carbon tax
This is part of a wide shift among energy companies towards greater sustainability
Posted inProducts & Services
BP and Schneider Electric sign five-year global framework agreement
The companies say this agreement will allow them to work together to reduce project risks, lower costs and increase efficiencies, while driving value, innovation and safety
Posted inDRILLING & PRODUCTION
BP will reportedly invest $1.8bn in Egypt in 2019
BP CEO Bob Dudley noted that since 2017, BP has invested more in Egypt than any other country
Posted inExploration
Profits rise for oil majors amid higher oil prices and rising production
BP, Total and ConocoPhillips are among the oil and gas companies that felt a boost in profits amid higher oil prices.