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Bp
UK Ofgem And National Grid Agree GBP60 Million Savings For Hinkley
National Grid PLC has agreed to reduce the cost of connecting the new Hinkley Point C K energy regulator said Friday, saving consumers "money on their billsnucl…
BP Enters into Two Global Framework Agreements with Worley
Both agreements are for a term of two years to provide services to BP’s global offshore developments.
Oil Shale
U.S. Oil Output from Major Shale to Drop in June to Nearly Two-Year Low
U.S. crude production from seven major shale formations is expected to fall by a record 197,000 barrels per day in June to 7.822 million bpd, the U.S. Energy In…
Crude Oil
China Crude Oil Runs Rebound in April as Fuel Demand Picks Up
The country processed a total of 53.85 million tonnes of crude oil last month, data from the National Bureau of Statistics (NBS) showed on Friday, equivalent to…
Crude Oil
Saudi Arabia to Cut June's Oil Production
Saudi Arabia's Energy Ministry has directed the national oil company Aramco to further reduce crude oil production for June by an additional 1 million barrels p…
Ammonia
ARENA Backs BP Australia Green Hydrogen Study in Geraldton
In the coming months, BP Australia Pty Ltd will be studying the feasibility of renewable hydrogen and ammonia production in Geraldton, Western Australia with fi…
Ammonia
Australia Backs BP's Renewable Hydrogen Feasibility Study
Australian renewable energy agency evaluates the feasibility of building a renewable hydrogen and ammonia production facility at geralton.
Ammonia
Australia Backs BP's Study to Produce Hydrogen from Wind, Solar
BP Plc (BP.L) has won Australian government backing for a feasibility study into producing hydrogen using wind and solar power to split water and converting the…
Oil Price
Petrobras Halts Sale Of Huge Oilfields After Oil Price Collapse
Amid the low oil prices, Brazil’s state-owned oil firm Petrobras has suspended preparations to sell a minority stake in a cluster of four offshore fields produ…
Crude Oil
Russia Predicts U.S. Oil Output Will Drop By 2-3 Million Bpd
U.S. oil production could decline this year by 2 million bpd-3 million bpd, due to limited storage capacity and low oil prices, Russia’s Deputy Energy Minister…
Solar Power Plant
Lightsource BP Sets live Kansas’ Largest Solar Plant
Lightsource BP and US utility Sunflower Electric Power Corporation have announced the commercial operation of the largest solar energy plant in Kansas.
Crude Oil
Russian Oil Output Jumped to 11.35 Mln Bpd in April, Ahead of cuts
Russia raised oil and gas condensate output in April to 46.45 million tonnes, or 11.35 million barrels per day (bpd), from 11.29 million bpd in March, Interfa…
Crude Oil
Oil Tanker Rates Plunge More Than 50% As OPEC+ Cuts Start
The daily rate for chartering an oil tanker from Saudi Arabia to China has plunged by over 50 percent in one week to $100,000 as OPEC+ begins on Friday the co…
Oil & Gas Trade
Azerbaijan's SOCAR Says BP to Cut Oil Output by 76,000 Bpd in May-June
Azerbaijan’s state energy company SOCAR said on Thursday that BP, which leads a number of big energy projects in the former Soviet country, will cut its oil…
Oil Price
Canada’s Oil Firms Set To Curtail Output By At Least 1 Million Bpd
Companies in Canada have already reacted to the oil price plunge, but analysts and investors will be looking for further clues in the earnings reports about how…
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