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Bp
CCS
Oil Major BP Drilling Appraisal Well in Texas for Carbon Sequestration
Oil major BP has begun drilling an appraisal well in Texas for its U.S. carbon capture and sequestration business, an executive said on Monday.
Australia
Energy Prices Across Australia to Remain High Until 2026
Research from Cornwall Insight Australia’s Benchmark Power Curve (BPC)1, which looks at power prices up until 2042, has forecast that all states in the Nationa…
Oil Price
Oil Falls to Nearly 6-Month Lows After Surprise U.S. Crude, Gasoline Build
Oil prices slid about 4% on Wednesday to almost six-month lows, after U.S. data showed crude and gasoline stockpiles unexpectedly surged last week and as OPEC+ …
Crude Oil
BP Profit Triples on Soaring Energy Prices
Oil company reveals profits increased to a 14-year high.
Oil Refinery
Global Refining Capacity to Expand With New Projects in Middle East, Asia
The world’s refining capacity is expected to increase by nearly 3 million barrels per day (bpd) by the end of next year when at least nine refinery projects ar…
Crude Oil
As Political Deadlock Simmers, Libya Hits 1.2M Bpd Oil Production
Oil production in Libya has hit 1.2 million barrels per day, the level the country was producing prior to its declaration of force majeure in April, according t…
Oil Field
Life Extension Granted for North Sea Field
Norway’s offshore safety regulator has granted Aker BP, a Norwegian oil and gas company, consent for a life extension for a field located in the North Sea.
Electric Car
Iberdrola and bp Invest €1B in EV Infrastructure and Green Hydrogen
Iberdrola and bp have announced a strategic collaboration to expand fast EV public charging infrastructure, support the adoption of electric vehicles and develo…
bp Opens First Electric Truck Fast-Charging Facilities
Operated by bp’s Aral brand, the retail site at Schwegenheim in Rheinland-Pfalz has two 300kw chargers intended for electric trucks
Net Zero Emission
Greenpeace to Fight UK Approval of Shell Gas Field in Court
Climate activists at Greenpeace plan to mount a legal challenge against the British authorities allowing Shell to develop the Jackdaw North Sea gas field, after…
Hydrogen Project
UK Opens Joint Revenue and Grant Funding Round for Hydrogen
Projects will be able to apply both for grant funding through the GBP 240 million (USD 287m/EUR 282m) Net Zero Hydrogen Fund and revenue support through the Hyd…
Nuclear Fuel
UK Government Fund to Accelerate Nuclear Fuel Supply
The UK's Department for Business, Energy & Industrial Strategy (BEIS) is to launch a GBP75 million (USD90 million) Nuclear Fuel Fund to boost domestic productio…
Saudi Arabia
Saudi Arabia: No Additional Capacity to Increase Oil Production Beyond 13 Million Bpd
The kingdom said it is targeting production capacity of 13 million bpd by 2027
BP and Thyssenkrupp Plan Green Hydrogen Steel Supplies
bp and thyssenkrupp Steel sign MoU focused on development of long-term supply of low carbon hydrogen and renewable power in steel production.
Oil Refinery
Production at Venezuela’s Largest Refinery Hit by Blackout
Production at Venezuela's largest refinery, which can process about 645,000 barrels of oil per day (bpd), was halted late on Saturday by an electrical fault tha…
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