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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 […]

BP to collaborate with Environmental Defense Fund

BP to collaborate with Environmental Defense Fund

March 13, 2019 No Comments

BP and Environmental Defense Fund (EDF) announced today a three-year strategic commitment to advance technologies and practices to reduce methane emissions from the global oil and gas supply chain. The agreement enables joint collaboration on projects that test technologies and emerging strategies to continue to improve methane management. Working with universities and third party experts, […]

BP responds to Financial Times article on methane regulation

BP responds to Financial Times article on methane regulation

March 12, 2019 No Comments

The Financial Times today published an article on BP’s stance on the regulation of methane emissions. BP does not believe the article reflects its commitment to tackling methane emissions nor the extensive actions it is taking across its business. The full statement, below, was provided to the FT before the piece was published. Natural gas […]

BP Awards Contracts to BHGE & McDermott

BP Awards Contracts to BHGE & McDermott

March 12, 2019 No Comments

McDermott International, Inc. (NYSE: MDR) and Baker Hughes, a GE company (NYSE: BHGE) have announced today that they have been awarded subsea umbilicals, risers and flowlines (SURF) and subsea production system (SPS) equipment contracts by BP for the Greater Tortue Ahmeyim natural gas project, located offshore Mauritania and Senegal. BP, BHGE and McDermott are working […]

BP introducing new marine fuel

BP introducing new marine fuel

March 12, 2019 No Comments

BP Marine has announced that it will begin to retail low sulphur fuel that meets new MARPOL regulations limiting the sulphur content of marine fuels. BP is introducing a new very low sulphur fuel oil (VLSFO), with a maximum 0.5% sulphur content, following successful sea trials with fuel manufactured and supplied by BP in the […]

BP partners with Virent and Johnson Matthey on Virent’s Bioforming® process

BP partners with Virent and Johnson Matthey on Virent’s Bioforming® process

March 5, 2019 No Comments

BP, Virent Inc. and Johnson Matthey (JM) have signed an agreement that will further advance the commercialization of Virent’s Bioforming® process for production of bio-paraxylene (PX), a key raw material for the production of renewable polyester. Virent’s Bioforming® technology, which is being developed with JM, produces drop-in reformate product from renewable sources that can be […]

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Golar Announce preliminary fourth quarter and financial year 2018 results

Golar Announce preliminary fourth quarter and financial year 2018 results

February 27, 2019 No Comments

Total operating revenues for Golar LNG Limited (“Golar” or “the Company”) increased from $123.1 million in 3Q to $181.9 million in 4Q. Full year 2018 operating revenues increased to $430.6 million from $143.5 million in 2017. Highlights Adjusted EBITDA1 increased from $83.5 million in 3Q to $121.2 million in 4Q. Full year 2018 Adjusted EBITDA1 […]

$32 Trillion Push To Disrupt The Entire Oil Industry

$32 Trillion Push To Disrupt The Entire Oil Industry

February 27, 2019 No Comments

Global oil and gas companies are increasingly facing an uphill battle as global warming policies are taking their toll. Most analysts and market watchers are focusing on peak oil demand scenarios, but the reality could be much darker. International oil companies (IOCs) are likely to face a Black Swan scenario, which could end up being […]

Gas production starts at Trinidad and Tobago’s Angelin project

Gas production starts at Trinidad and Tobago’s Angelin project

February 26, 2019 No Comments

BP Trinidad and Tobago (BPTT) today announced first gas production from its Angelin development. The project was delivered on time and under budget. The Angelin development, originally discovered by the El Diablo well in 1995, includes a new platform and four wells. It is located 60 kilometres off the south-east coast of Trinidad in a […]

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BP partners with Startup Autobahn

BP partners with Startup Autobahn

February 21, 2019 No Comments

BP has become the latest corporate partner to join Startup Autobahn, the global mobility technology accelerator founded by Daimler, Plug And Play, the University of Stuttgart and Arena2036. Startup Autobahn identifies startup ventures from around the world that have innovative technologies and business models, with a particular focus on developments in mobility. It connects them […]

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