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StoreDot and BP present  five minutes full charge of an electric vehicle

StoreDot and BP present five minutes full charge of an electric vehicle

June 12, 2019 No Comments

StoreDot and its strategic partner BP demonstrated a live, full-charge of a two-wheel electric vehicle (EV) in just five minutes. An electric scooter equipped with StoreDot’s ultra-fast charging battery demonstrated that this technology can charge an electric vehicle in only five minutes. This proof-of-concept represents a major milestone for ultra-fast charging battery technology and its […]

BP Comments on Greenpeace activity in North Sea

BP Comments on Greenpeace activity in North Sea

June 10, 2019 No Comments

“In all operations safety is our top priority. While we recognise the right for peaceful protest, the actions of this group are irresponsible and may put themselves and others unnecessarily at risk. “We are working with Transocean—the rig’s owner and operator—and the authorities to assess the situation and resolve it peacefully and safely. “We share […]

BP divests mature oil assets in Egypt to Dragon Oil

BP divests mature oil assets in Egypt to Dragon Oil

June 5, 2019 No Comments

BP has agreed to sell its interests in Gulf of Suez oil concessions in Egypt to Dragon Oil, the Dubai-based oil and gas company. Under the terms of the agreement, Dragon Oil will purchase producing and exploration concessions, including BP’s interest in the Gulf of Suez Petroleum Company (GUPCO). Dragon Oil is a wholly-owned subsidiary […]

BP statement on Greenpeace protests in London

BP statement on Greenpeace protests in London

May 21, 2019 No Comments

BP has responded to the Greenpeace protests in London yesterday. We welcome discussion, debate, even peaceful protest on the important matter of how we must all work together to address the climate challenge, but impeding safe entry and exit from an office building in this way is dangerous and clearly a matter for the police […]

CNPC and BP steering committee conference

CNPC and BP steering committee conference

May 15, 2019 No Comments

On May 10th, the third CNPC-BP Cooperation Steering Committee Conference was held in London. CNPC Chairman Wang Yilin and BP Group Chief Executive Bob Dudley co-chaired the meeting. The two sides summarized and discussed progress of the past work and the achieved goals, and made arrangements for the next step. They emphasized that based on […]

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BP approves Thunder Horse South Expansion Phase 2

BP approves Thunder Horse South Expansion Phase 2

May 8, 2019 No Comments

BP has sanctioned development of the Thunder Horse South Expansion Phase 2 project in the deepwater Gulf of Mexico. The project will further boost output at one of the largest oil fields in the Gulf of Mexico and marks BP’s latest major investment in the U.S. offshore region. The project is expected to add an […]

BP’s First quarter 2019 results

BP’s First quarter 2019 results

April 30, 2019 No Comments

Earnings and cash flow Underlying replacement cost profit for the first quarter of 2019 was $2.4 billion, compared to $2.6 billion a year earlier. The result reflected the weaker price and margin environment at the start of the quarter, partially offset by strong supply and trading results. Operating cash flow, excluding Gulf of Mexico oil […]

BP and partners sanction $6 billion Azeri Central East development

BP and partners sanction $6 billion Azeri Central East development

April 20, 2019 No Comments

BP and partners have sanctioned the Azeri Central East (ACE) project, the next stage of development of the giant Azeri-Chirag-Deepwater Gunashli (ACG) oilfield complex in the Azerbaijan sector of the Caspian Sea. The $6 billion development includes a new offshore platform and facilities designed to process up to 100,000 barrels of oil per day. The […]

BP to fund new emissions reductions projects

BP to fund new emissions reductions projects

March 26, 2019 No Comments

BP today announced that it has established a $100 million fund for projects that will deliver new greenhouse gas (GHG) emissions reductions in its Upstream oil and gas operations. The new Upstream Carbon Fund will provide significant further support to BP’s work generating sustainable greenhouse gas emissions reductions in its operations. In April 2018, BP […]

BP inaugurates UK’s largest public rapid charging hub

BP inaugurates UK’s largest public rapid charging hub

March 19, 2019 No Comments

The country’s largest universal rapid charging hub for electric vehicles has been inaugurated by Milton Keynes council and BP Chargemaster, which is operating the hub on Polar, the largest public charging network in the UK. The hub is located within a minute’s drive of the M1, just off junction 14 at Milton Keynes Coachway. Milton […]

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