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Bp
Oil Field
BP in Talks to Sell 28% Stake in UK North Sea Field
The company had agreed last year to sell the Shearwater and Andrew projects to Premier Oil but the deal fell through
OPEC
OPEC’s Oil Exports Are Surging By 1 Million Bpd In May
OPEC’s oil exports have jumped by 1 million barrels per day so far in May, while the OPEC+ group started easing the production cuts by 350,000 bpd this month, …
Solar Power Plant
Lightsource BP Secures Planning for Australian Solar Project
The 400 MWdc site is adjacent to Lightsource bp’s near-complete 200 MWdc Wellington solar farm. Once operational, the 600 MWdc hub could become the state’…
Geothermal Power Plant
Why Oil Giants Like Chevron and BP are Investing in Geothermal Energy
Miles below the Earth’s surface, there’s a source of renewable energy that could sustain all of humanity for the foreseeable future.
Natural Gas
RIL, BP Announce Start of Production from Deepwater Gas Field on KG-D6
Reliance Industries Limited and bp today announced the start of production from the Satellite Cluster gas field in KG-D6 block off the east coast.
Clean Energy Transition
Amazon Inks RNG Agreement, Considers Possible Stake in Clean Energy Fuels
Clean Energy last year secured separate partnerships with BP plc and Total SE to consider expanding U.S. RNG production.
Crude Oil
Rystad Energy Sees Oil Demand Peaking In 2026
The accelerating adoption of electric vehicles and electrification in other oil-consuming sectors is set to bring peak oil demand as early as 2026 at 101.6 mill…
Oil & Gas Supply
Guyana Estimates Future Oil Production At 1 Million Bpd
Guyana has estimated its future oil production at 1 million barrels per day by 2027, from seven floating production, storage, and offloading (FPSOs) vessels in …
Crude Oil
BP Halts Production at UK's Foinaven Crude Field
BP said today it has suspended production indefinitely at the Foinaven crude fields west of Shetland as it prepares for the removal of the ageing floating produ…
Crude Oil
U.S. Oil Production Still 2 Million Bpd Under Pre-Pandemic Levels
The EIA might be forecasting that the Permian Basin’s oil production will be rebounding soon, but overall, today’s U.S. oil production is still 2 million barr…
Personnel Appointment
Ex-BP Officer Becomes Energy Institute Chief Exec
Nick Wayth has been appointed the new chief executive of the Energy Institute, the global professional body’s president.
Oil & Gas Trade
Libya’s Largest Oilfield Could See Exports Interrupted
The largest oilfield in Libya, the 300,000-bpd Sharara field, could see crude oil exports from it disrupted if members of the Petroleum Facilities Guard follow …
Oil Price
Oil Prices Rise as Opec+ Agrees to Gradually Increase Supply
The group will increase output by 250,000 bpd in May
Hydropower Plant
NIGERIA: BPE to Concession Zungeru Hydropower Plant
The Bureau of Public Enterprises of Nigeria is launching a tender for the recruitment of a company to accompany it in the process of concessioning the Zungeru h…
Hydrogen Technology
The Hydrogen Stream: Siemens Targets $1.50/kg by 2025, BP and Saudi Aramco bet on Blue Hydrogen
The German company expects to roll out its in-house proton exchange membrane electrolysis technology to implement a gigawatt production of electrolyzers.
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