Bp

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…

Oil & Gas Supply

Gulf Of Mexico Shut-In Production Rises To 1.7 Million Bpd

The amount of shut-in oil production in the Gulf of Mexico rose by 240,000 bpd between Wednesday and Thursday, to over 1.7 million bpd, the Bureau of Safety and…

Crude Oil

Oil Rises After Opec+ Agrees to more Supply

Group's joint ministerial monitoring committee expects a surplus of 2.5 million bpd in 2022

Oil Field

Iraq Approves BP's Plans to Spin off Rumaila Oilfield

Iraq's Cabinet has approved plans submitted by BP to spin-off the development of the Rumaila oilfield, the country's largest, as the oil company exits the count…

Hydrogen Project

Australia Can be a Global Hydrogen Hotbed Says BP

Large-scale production of green hydrogen and ammonia is technically feasible in Australia, according to a study conducted by global energy company BP.

Hydrogen Project

BP Says Australia is an Ideal Place to Scale up Green Hydrogen Production

Frédéric Baudry, BP Australia’s president, says study confirmed “the potential for scaled-up green hydrogen in Western Australia.”

Solar Power Plant

SOUTH AFRICA: RBPlat Plans to Equip its BRPM Mine with a 30 MWp Solar Power Plant

Mining company Royal Bafokeng Platinum plans to equip its Rustenburg platinum mine with a 30 MWp solar photovoltaic power plant.

Crude Oil

Pipeline Leak Cuts Libya’s Oil Production By 70,000 Bpd

Libya’s crude oil production fell on Monday by 60,000-70,000 barrels per day because pumping crude at an oilfield had to be reduced because of a leak in a pipe…

Crude Oil

Libya Looks To Boost Oil Production To 1.6 Million Bpd In 2022

Libya could boost its oil production to 1.6 million barrels per day by the middle of 2022 if the industry has the necessary funding

Crude Oil

Venezuela Plans To Revive Its Oil Industry Despite U.S. Sanctions

Venezuela is ignoring U.S. sanctions with its plan to boost production to 1.5 million bpd by the end of the year, around three times the current output.

Crude Oil

Sapref to Restart Durban Refinery

BP and Shell's South African joint venture Sapref will restart its 180,000 b/d Durban refinery tomorrow after a temporary shutdown last week in response to civi…

Oil Price

OPEC Sees World Oil Demand Reaching Pre-Pandemic Level in 2022

OPEC said that that demand next year would rise by 3.4% to 99.86 million barrels per day, averaging more than 100 million bpd in the second half of 2022.

Oil Field

BP and Lukoil Considering Selling Stakes in Iraq

Oil minister describes country's investment environment as 'destructive' for international oil companies