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Bp
Nuclear Power Plant (NPP)
New Jersey Explores Building New Nuclear Amid High PJM Demand
The New Jersey Board of Public Utilities (NJBPU) has issued a Request for Information (RFI) to investigate the potential for developing new nuclear energy resou…
Offshore Wind Power
ØRsted Divests Stake in 389 MW UK Offshore Wind Farm for GBP 456 Million
Ørsted has sold a 24.5% stake in the 389 MW West of Duddon Sands offshore wind farm, located in the Irish Sea, to funds managed by Schroders Greencoat. T…
Crude Oil
Guyana’s Q1 Oil Output Rises 3% Yr/Yr to 631,000 Bpd
Guyana’s oil production in March 2025 dropped by about 3% to 627,000 barrels per day (bpd) from the previous month, according to data from the country&rsq…
Green Hydrogen
Gen-Hy Secures €100M in State Aid to Build France’s First AEM Electrolyser Factory
Gen-Hy, a French start-up specializing in green hydrogen production, has secured €99.84 million in public funding from the French government through Bpifra…
LNG
BP Transports First LNG From Greater Tortue Project, Offshore Senegal
Bp Plc has initiated liquefied natural gas (LNG) shipments from the Greater Tortue Ahmeyim (GTA) project, located offshore Senegal and Mauritania. This developm…
Crude Oil
U.S. Crude Production Rose by 2% in 2024, Mostly From Permian, EIA Finds
In 2024, U.S. crude oil production increased by 270,000 barrels per day (bpd), reaching an average of 13.2 million bpd, according to the U.S. Energy Information…
FLNG
Inaugural Cargo Lifted From FLNG at BP’s African Deepwater Project
BP, a UK-based energy company, has successfully loaded its first liquefied natural gas (LNG) cargo from the Greater Tortue Ahmeyim (GTA) Phase 1 project, locate…
Oil Field
BP Makes New Oil Discovery off US Gulf Coast
On Monday, BP announced a new oil discovery in the Far South field, located in the U.S. Gulf of Mexico. The exploration well, drilled in Green Canyon Block 584,…
Crude Oil
China’s Crude Oil Imports Highest Since August 2023 on Iranian Surge
China's crude oil imports in March reached 51.41 million metric tons, equivalent to 12.1 million barrels per day (bpd), according to data released by the Ge…
Biofuel
BP Pauses Plan to Make Clean Jet Fuel at Spanish Plant
BP Plc has decided to pause a project aimed at expanding biofuels production at its Castellon oil refinery, located on Spain’s east coast, according to an…
Nuclear Fusion
UK Government Provides Funding for Fusion Development
The UK government has allocated GBP20 million (USD25.5 million) to launch Starmaker One, a private fusion investment fund aimed at supporting growth and commerc…
Green Hydrogen
BPCL, Sembcorp Ink JV to Develop Green Hydrogen, Renewables in India
On Tuesday, Bharat Petroleum Corp (BPCL), an Indian state-owned refiner, entered into a joint venture with Sembcorp, a Singapore-based company supported by Tema…
Crude Oil
Ring Energy Closes Acquisition of CBP Assets From Lime Rock
Ring Energy, Inc., a Texas-based company, has finalized its acquisition of Central Basin Platform (CBP) assets from Lime Rock Resources IV LP in the Permian Bas…
Natural Gas
BP, Repsol Start Production at Cypre Gas Project in Trinidad
BP PLC announced on Monday that the Cypre field, located 78 kilometers off Trinidad and Tobago’s southeast coast, has begun production. Situated in the Ea…
Crude Oil
Mexico’s Finance Ministry Estimates Crude Oil Production 129,000 Bpd Below Target
Mexico has adjusted its crude oil production forecast for 2025, reducing the estimate by 129,000 barrels per day (bpd). The finance ministry announced this chan…
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