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Bp
Oil Price
Goldman Remains Bullish On Oil Despite OPEC+ Decision
Goldman Sachs commodity analysts remain bullish on oil prices despite yesterday’s decision by OPEC+ to add another 400,000 bpd to combined production next mont…
Crude Oil
Guyana To Become The 11th Country To Produce Over 1 Million Bpd
The tiny South American nation of Guyana has emerged as the hottest offshore drilling location on the continent over the last six years.
Hydrogen Project
BP Announces Major Teesside Green Hydrogen Project
Oil major BP has announced its largest ever green hydrogen project, located in the northeast of England.
Crude Oil
Iran Plans To Boost Oil Production To 5 Million Bpd
Iran is determined to return to its pre-sanction oil production level of 5 million barrels per day, regardless of how the nuclear deal develops
Oil Field
BP Brings Field Offshore Angola on Stream
Oil major BP has started production at the Platina field in Block 18, which is located in the Angolan offshore, approximately 140 kilometres northeast of Luanda…
Energy Storage Project
Elgin Energy Completes GBP-25m Fundraise for Solar-Plus-Storage
UK solar and storage developer Elgin Energy said on Thursday it has raised some GBP 25 million in an oversubscribed fundraising through boutique corporate finan…
Solar Power Plant
First Solar Signs Multi-Year Deals for 5.4 GW of Modules
Lightsource bp and bp placed orders for around 4.4 GWdc of modules, with options for an additional 1 GWdc.
Crude Oil
OPEC Cuts 2021 Global Oil Demand Forecast Again
OPEC revised down its forecast by 160,000 bpd
Crude Oil
BP Says Global Oil Demand has Passed 100 million Barrels per day
As world leaders discuss the fight against climate change, global oil demand has bounced back above the key level of 100 million barrels a day last seen before …
Crude Oil
OPEC+ Lgnores Calls For More Crude, Adds Meagre 140,000 Bpd In October
OPEC+ added just 140,000 barrels daily of crude oil last month
Substation
BPC Electric Delivers Final Transformer to Jinzhong Substation
The last 1000kV main transformer for the State Grid Jinzhong 1000kV substation expansion project has been safely delivered to the construction site.
Hydrogen Project
BP, ADNOC and Masdar to Develop 2GW of Low Carbon Hydrogen
The trio have the intention to expand the project as it progresses, a statement confirmed.
UAE-UK Ink New Energy Partnership
Abu Dhabi National Oil Company, bp and Masdar announced the signing of strategic framework agreements to expand upon the UAE and UK’s longstanding track record…
Oil & Gas Trade
China’s Oil Imports Rebounded In August
China’s crude oil imports averaged 10.25 million bpd daily last month, more than 5 percent higher than in July, energy analytics provider OilX has reported.
Crude Oil
Libya can Pump 2 million bpd of Oil by End 2022 Under $1.1bn Spending Plan: Finance Minister
Libya’s oil output could rise to 2 million barrels per day by the end of 2022 if the industry is given the $1.1 billion it has been allocated in the budget, ac…
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