Bp

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…

Natural Gas

BpTT Advances Upstream Strategy With Ginger Gas Project Approval

The British company BP (bpTT) has achieved a significant milestone by finalising the investment decision (FID) on the Ginger gas development. This marks progres…

Electric Vehicle Charging

Head of BP’s EV Charging Unit Richard Bartlett Leaves Company

The head of BP's (BP.L), electric vehicle charging business BP Pulse, Richard Bartlett, has left the company, a BP spokesperson said on Thursday, weeks afte…

Gas Pipeline

BP Rakes in $1 Billion From Sale of Partial Stake in Pipeline Carrying Gas From Field off Azerbaijan

UK-headquartered energy giant BP has struck a deal with Apollo-managed funds to divest a minor non-controlling stake in BP Pipelines (TANAP), the firm’s s…

Crude Oil

Iraq’s Kurdistan Crude Output at 286,000 Bpd, Oil Minister Says

Iraq’s Kurdistan region is producing 286,000 barrels of crude oil per day, Iraqi oil minister Hayan Abdel-Ghani told state television on Sunday, citing se…