Thursday, March 11th, 2010
The Church of England's two biggest investments, totalling in excess of £200 million, are in the oil companies Shell and BP. The Church also has a major investment in Exxon ...
The Church of England's two biggest investments, totalling in excess of £200 million, are in the oil companies Shell and BP. The Church also has a major investment in Exxon ...
BP and CNPC to Develop Iraq’s Super-Giant Rumaila Field
Friday, November 6th, 2009BP, and China National Petroleum Corporation (CNPC), announced today that they have signed a technical service contract with Iraq's state-owned South Oil Company (SOC) to expand production from the Rumaila ...
Iraq oil deal with BP, CNPC
Thursday, November 5th, 2009Iraq signed Tuesday a major oil deal with Britain's BP and China's National Petroleum Company (CNPC) to develop its Rumaila oilfield in southern Iraq. Iraqi Oil Minister Hussein Al-Shahristani signed the ...
History of the Oil and Gas / Petroleum Industry
Wednesday, October 7th, 2009In 1911, the power of Standard Oil was such that the American congress voted the famous antitrust law aimed at breaking it up into three “bits”: Standard Oil of New ...
Engen & KenolKobil To Jointly Acquire Shell and BP Zimbabwe JV
Sunday, September 13th, 2009Engen Petroleum Ltd, South Africa’s leading refined petroleum products company, and KenolKobil Ltd, the largest indigenous African petroleum marketing company in the East and Central African Region, have signed a ...
BP and SOCAR Sign MOU To Explore New Caspian Acreage
Tuesday, July 14th, 2009BP and SOCAR (the State Oil Company of the Republic of Azerbaijan) announced today they have signed a memorandum of understanding (MOU) to jointly explore and develop the Shafag and ...
Subsea 7 Announces Contract with BP in Norway
Monday, July 6th, 2009Subsea 7 Inc (OSE Symbol: SUB), one of the world's leading subsea engineering and construction companies, announced today that it has been awarded a contract from BP Norway, for engineering, ...
Oil News from around the web, Crude oil for August 2009 delivery was at $68.60 a barrel, down $0.07. London Brent crude $68.25 a barrel, down $0.08
Friday, June 26th, 2009The Federal Republic of Nigeria and the Russian Federation yesterday signed six agreements bothering on nuclear energy, transfer of prisoners, investment promotion, cooperation on legal matters, Memora-ndum of Understanding in ...
2H Offshore Successfully Installs Two DELOS platforms for BP Angola
Monday, June 15th, 20092H Offshore, an Acteon company, has successfully installed two Deep water, Long-term Environmental Observation System (DELOS) platforms for BP off the coast of Angola in a water depth of 1400m ...
Oil News from around the web, Crude oil for July 2009 delivery gained ; Azeri offshore Shah Deniz gas field
Friday, June 5th, 2009Brent crude for July 2009 delivery increased as much as $0.59, or 0.9%, to $69.30 a barrel on London’s ICE Futures Europe exchange. Crude oil for July 2009 delivery gained ...
International Power Industry Executives to Establish the Commercialization of CCS at ACI Carbon Capture and Sequestration Summit
Wednesday, May 13th, 2009Speaker faculty & complete agenda announced for international gathering of carbon capture and sequestration stakeholders scheduled for September 14th-15th, Washington DC NEW YORK, NY, May 12th, 2009 -- American Conference Institute ...
BP Announces Start-up of Dorado and King South Projects in Gulf of Mexico
Wednesday, May 6th, 2009Houston -- BP today announced it has begun production from the Dorado and King South projects in the Gulf of Mexico. Both projects are subsea tiebacks to the existing BP ...
African Oil and Gas Country Briefs
Thursday, April 16th, 2009Nigeria Oil and Gas Industry The Nigerian National Petroleum Corporation (NNPC) manages the state-owned oil industry. The NNPC holds 49% in the Nigeria Liquefied Natural Gas (NLNG) Company. Foreign Company Involvement: British ...
Sir Tom McKillop Steps Down From BP Board
Monday, April 6th, 2009BP p.l.c. today said it had been informed by Sir Tom McKillop that he wishes to retire as a non-executive director. Accordingly, he will not go forward for election at ...
BP on Course, With Output Rise and Expected Reserves Replacement Over 100 Per Cent
Tuesday, February 3rd, 2009Hayward Pledges to Keep BP on Course, With Output Rise and Expected Reserves Replacement Over 100 Per Cent BP today announced record full-year replacement cost profits of $25.6 billion for 2008, ...
BP Fourth Quarter and Full-Year 2008 Results
Tuesday, February 3rd, 2009BP's fourth-quarter replacement cost profit was $2,587 million, compared with $3,395 million a year ago, a decrease of 24% due largely to the significantly lower oil prices. For the full ...
Asset Exchange Strengthens BP Position In Southern North Sea
Wednesday, December 3rd, 2008BP and BG Group have agreed to exchange a package of North Sea assets which is intended to strengthen BP's position as a major operator in the Southern North Sea ...
AMEC appointed to BP Clair Ridge project under new BP global agreement
Thursday, November 27th, 2008AMEC, the international engineering and project management company, has been appointed by BP to begin conceptual engineering studies to test the potential for further development of the Clair oil and ...
Petrobras maintains position on the Dow Jones Sustainability Index
Monday, September 8th, 2008(Rio de Janeiro September 4, 2008). – PETRÓLEO BRASILEIRO S/A - PETROBRAS, [Bovespa: PETR3/PETR4, NYSE: PBR/PBRA, Latibex: XPBR/XPBRA, BCBA: APBR/APBRA], a Brazilian international energy company, announces that for the third ...
Enbridge and BP Announce Agreement to Develop Delivery System for Canadian crude oil from Illinois to the U.S. Gulf Coast
Monday, September 1st, 2008CALGARY, Alberta and WARRENVILLE, Ill. - August 29, 2008 - Enbridge Inc. (TSX:ENB) (NYSE:ENB) and BP Pipelines (North America) Inc. announced today they have entered into an agreement to develop ...
BP and Verenium announce significant partnership
Thursday, August 7th, 2008BP and Verenium announce significant partnership to accelerate the commercialization of cellulosic ethanol BP and Verenium Corporation (Nasdaq: VRNM), today announced the creation of a strategic partnership to accelerate the development ...
BP’s Second quarter 2008 results
Tuesday, July 29th, 2008BP's second-quarter replacement cost profit was $6,853 million, compared with $6,488 million a year ago, an increase of 6%. For the half year, replacement cost profit was $13,441 million compared ...
BP Pledges Continued Robust Support For TNK-BP CEO Robert Dudley
Friday, July 25th, 2008Robert Dudley, Chief Executive Officer of TNK-BP, announced today that he is to leave Russia temporarily. BP is deeply disappointed that Mr Dudley has reached the conclusion that the interests ...
BP Removes Technical Experts from Russia
Wednesday, July 23rd, 2008BP announced today that it was withdrawing 60 remaining technical specialists, formerly assigned to TNK-BP, from Russia. All 148 technical experts, who have been instrumental in making TNK-BP one of ...
Chesapeake And BP Announce Arkoma Basin Woodford Shale Transaction
Tuesday, July 22nd, 2008Chesapeake Energy Corporation (NYSE:CHK) and BP America Inc. (NYSE:BP) today announced that BP has agreed to acquire all of Chesapeake’s interests in approximately 90,000 net acres of leasehold and producing ...
Industry Newsbite for w/e 20 July
Friday, July 18th, 2008> Ghana to receive 30 million cubic metres of gas for power generation Accra, July 17, GNA - Ghana will soon receive 30 million cubic metres of gas from Nigeria for ...
BP and Chesapeake Announce Arkoma Basin Woodford Shale Transaction
Friday, July 18th, 2008Chesapeake Energy Corporation (NYSE:CHK) and BP America Inc. (NYSE:BP) today announced that BP has agreed to acquire all of Chesapeake’s interests in approximately 90,000 net acres of leasehold and producing ...
Plant provides reliable source of steam to refinery
Monday, July 7th, 2008BP Alternative Energy today announced that it has acquired the Whiting Clean Energy facility, a 525 megawatt (MW) natural-gas fired combined-cycle cogeneration power plant located in Whiting, Indiana, USA. The ...
BP v Russian Government
Wednesday, July 2nd, 2008More Russian headaches for BP, as the Kremlin looks set to force nearly 150 of its top brass out of the country... BP boss Tony Hayward has suffered another big setback ...
BP Statistical Review of World Energy
Thursday, June 12th, 2008Energy Consumption Rises as Supplies Lag But Free Energy Markets Do Work "The defining feature of global energy markets remains high and volatile prices, reflecting a tight balance of supply ...
BP Awards KBR Global Engineering and Project Management Services Contract
Wednesday, June 4th, 2008KBR Awarded Global Engineering and Project Management Services Contract by BP HOUSTON--(BUSINESS WIRE)--KBR (NYSE:KBR) today announced that it has been awarded a four-year contract, including an option for extension, by ...
AMEC and BP enter strategic global projects agreement
Tuesday, June 3rd, 2008London, United Kingdom (3 June 2008) - AMEC, the international engineering and project management company, has entered into an agreement with BP International Limited to provide engineering and project management ...
Schlumberger Acquires Exclusive Distribution Rights to BabelFish Production Operations Integration Software for Upstream Oil & Gas
Thursday, May 29th, 2008Agreement Provides Web-based Information Aggregation and Visualization Capability for Real-Time Production Operations HOUSTON, May 28, 2008 - Schlumberger today announced the acquisition of exclusive distribution rights in the upstream oil and ...
Oil discovery in North Sea Block 16/23s
Thursday, May 22nd, 2008BP and its co-venturers, ENI UK Ltd and Petro Summit Investment UK Ltd, today announced an oil discovery in North Sea Block 16/23s, some 230 kilometres north-east of Aberdeen, to ...
Kinnoull North Sea Oil Discovery
Wednesday, May 21st, 2008BP and its co-venturers, ENI UK Ltd and Petro Summit Investment UK Ltd, today announced an oil discovery in North Sea Block 16/23s, some 230 kilometres north-east of Aberdeen, to ...
