BP plc Company News
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Saudi Prince Wants to Be Known As Oil Price 'Volatility Buster'
Thursday, July 22, 2021Saudi Energy Minister Prince Abdulaziz bin Salman is the most important single person in the oil market today.
Analysis Shows Oil and Gas Execs Using More Environmental Buzzwords
Tuesday, July 20, 2021The world's biggest oil and gas companies are more likely to talk to Wall Street about emissions than how their businesses might grow.
BP Awards Four-well Offshore Contract
Wednesday, July 07, 2021BP has awarded drilling contractor Valaris Limited a four-well contract offshore West Africa.
BP and Shell Start Up Gulf of Mexico Project
Wednesday, June 23, 2021The Manuel project at the Na Kika platform has successfully started production, BP reported Wednesday. PHOTO SOURCE: BP
NOCs to Fill Void as Majors Retreat from Oil and Gas
Wednesday, June 09, 2021National oil companies are largely shielded from shareholder pressures.
BP Veteran Suttles to Retire from Ovintiv
Wednesday, June 09, 2021Ovintiv Inc. reported Tuesday that its CEO, Doug Suttles, will retire later this year.
BP Chief Sees Lasting Strong Oil Demand Recovery
Monday, June 07, 2021Energy giant BP Plc sees a strong recovery in global crude demand and expects it to last for some time.
McDermott Completes Historic India Subsea Project
Friday, June 04, 2021McDermott International reported that it has completed work on a pioneering subsea project off India's east coast.
Valaris Wins West Africa Drilling Contract
Wednesday, June 02, 2021The award secures the DS-12 drillship.
Natural Gas Liquids Drive Geothermal Tech
Thursday, May 27, 2021A Canada-based firm has developed geothermal technology that removes water from the equation.
Shell Court Ruling Could Have Ripple Effect for Industry
Wednesday, May 26, 2021A Dutch court's ruling could have far-reaching consequences.
BP Execs Coy About Texas Freeze Impact on Gas Trading
Tuesday, April 27, 2021BP Plc said Tuesday its gas trading unit had an "exceptional" first quarter.
BP Seeks to Sell Electricity in Five States
Tuesday, April 27, 2021BP Plc wants to be your power supplier, too.
Maersk Drilling Extends Reach to Guyana
Friday, April 23, 2021CGX Resources has contracted the Maersk Discoverer for an exploration well. PHOTO SOURCE: Maersk Drilling
BP Sets Onshore Flaring Deadline
Tuesday, April 20, 2021BP's Grand Slam facility near Orla, Texas. PHOTO SOURCE: BP America
Newfoundland Crude Taking Rare Voyages
Thursday, April 15, 2021It's an unexpected move prompted by the staggered global demand recovery.
BP Argos Platform Arrives in Texas
Wednesday, April 14, 2021The platform that will serve as the centerpiece of BP's Mad Dog 2 project has completed its journey from South Korea to the USA.
AMLO Doubles Down on Shielding Pemex from Competition
Monday, March 29, 2021The Mexican president on Friday sent a bill to congress to give Pemex greater control over the domestic fuel market.
Shell Unit Profit Up Nearly 100%
Sunday, March 21, 2021Check out some of Rigzone's most-viewed downstream-related articles from the past week.
BP Work Model to Affect Roughly 25,000 Employees
Sunday, March 14, 2021Recall some of Rigzone's most popular downstream-related articles from the past week.
India Deal-making Could Shake Up Asian LNG Markets
Monday, February 15, 2021India is trying to pivot from an economy largely based on coal to more gas, including a major LNG infrastructure build-out.
Majors Get Credit Ratings Downgrades
Friday, February 12, 2021Have a look back at oil and gas market hits and misses for the week ending Feb. 12, 2021.
$3.2B Black Sea Project May Take On Partners
Monday, February 08, 2021Turkey's state-owned oil and gas company reportedly is considering partnerships to carry out work on the biggest natural gas discovery in the Black Sea.
BP and Total Pay Hefty Premium for Offshore Wind Rights
Monday, February 08, 2021The winning companies in a UK seabed rights auction will pay about $1.2 billion per year in total for up to a decade to develop the wind farms.
Are the Majors Spending Too Much?
Thursday, February 04, 2021Big Oil earnings show an industry still living beyond its means, Bloomberg asserts.
Office Vacancies Surge in Energy Capital
Wednesday, February 03, 2021Houston ended last year with a 24% office-vacancy rate, the highest of any major US city, according to Jones Lang LaSalle Inc.
NHV to Fly for Seagull Project
Tuesday, February 02, 2021Seagull personnel will travel via the H175 aircraft. PHOTO SOURCE: Lloyd Horgan/NHV Group
ExxonMobil Reports First Annual Loss in Decades
Tuesday, February 02, 2021Exxon isn't alone in facing serious challenges even as commodities are on a tear.
Will Q4 Earnings Show Worst Is Over for Majors?
Wednesday, January 27, 2021The Western world's largest oil explorers are sailing into earnings season on the tailwind of strong commodity prices.
Biden Admin Issues 30+ Drilling Permits
Wednesday, January 27, 2021The Biden administration has issued at least 31 new drilling permits authorizing operations on federal land and coastal waters.
Permian Flaring Report Contrasts with RRC Stance
Tuesday, January 26, 2021An analysis finds up to 40% of the gas that's expected to be flared in the Permian Basin in 2025 could be avoided at no cost to drillers.
BP Awards FPSO Training Contract
Thursday, January 14, 2021Survivex will train BP personnel in safety-critical operating procedures and processes for its GTA FPSO and hub facilities. PHOTO SOURCE: Survivex
BP Chemicals Deal Expands Reach of Ineos
Sunday, January 10, 2021Here is a look back at some of Rigzone's most viewed downstream-related articles from the past week.
BP Divests Stake in Alaska Pipeline
Wednesday, December 23, 2020Harvest Alaska (Harvest) has acquired BP Pipelines (Alaska) Inc.'s (BP) midstream ownership interests.
UK Prime Minister Signals Major Energy Policy Shift
Sunday, December 20, 2020Check out this recap of popular downstream-related articles on Rigzone from the past week.
Chevron Makes Promise to Investors
Monday, December 07, 2020Fresh from overtaking ExxonMobil as North America's biggest oil company, Chevron has a "simple promise" to investors.
Petrobras Chief Likens Net Zero to Fad
Wednesday, December 02, 2020His stance more or less echoes ExxonMobil and Chevron's.
Mexico Cashes In Amid OPEC+ Discord
Wednesday, December 02, 2020Mexico reportedly will cash in its oil price insurance policy this year for the fourth time only in the last two decades.
Shell Takes Top Bid Spot for Offshore Lease Sale
Thursday, November 19, 2020The auction generated $120,868,274 in high bids for 93 tracts covering approximately 79 million acres in federal GOM waters.
The Great American LNG Comeback
Monday, November 16, 2020Recognize this pandemic down year as the anomaly that it is.
Oxy Pivots to Net Zero Path
Wednesday, November 11, 2020Occidental Petroleum Corp. became the first major US oil producer to aim for net zero emissions from everything it extracts and sells.
BP May Run Refinery Unit with Wind Power
Tuesday, November 10, 2020The processes to make green hydrogen aren't yet economically viable without government support.
Vietnam LNG Project Would Support Robust Industrial Growth
Sunday, November 08, 2020Here is a review of articles from the past week that caught the attention of Rigzone's downstream readers.
Equinor and BP Strike Oil Offshore Canada
Friday, October 30, 2020Equinor and BP Canada have made two oil discoveries offshore Newfoundland, Canada.
Chevron Stuns Analysts with Earnings Surprise
Friday, October 30, 2020Chevron Corp. posted a surprise profit as the oil supermajor slashed capital spending to cope with the pandemic-driven collapse in crude demand.
BP Achieves First Gas from Offshore Egypt Field
Tuesday, October 27, 2020The Qattameya field is tied back to existing Ha’py and Tuart infrastructure. PHOTO SOURCE: BP
BP Ekes Out Surprise Profit
Tuesday, October 27, 2020BP Plc used a surprise third-quarter profit to reassure investors that it was on the road to recovery, while also warning that it would be a long journey.
Five Themes to Watch Among Oil Majors
Monday, October 26, 2020Six months on from crude's era-defining price crash, Big Oil is suffering from whiplash.
BP May Be Exploring GOM Oilfield Sale
Thursday, October 22, 2020BP is weighing a sale of its majority stake in the Constellation oilfield in the Gulf of Mexico, according to people familiar with the matter.
Saudi Aramco Trims Cost of Yanbu Project
Monday, October 19, 2020Aramco and its subsidiary Saudi Basic Industries Corp. intend to incorporate existing facilities into the Yanbu project instead of building an entirely new one.