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 ...
> 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 ...
BP Texas City Explosion Trial
Tuesday, May 20th, 2008Lord Brown Testimony to Surface in Upcoming BP Texas City Explosion Trial New Trial Group of 10 Workers to Be Largest Yet Assembled GALVESTON, Texas--(BUSINESS WIRE)--After refusing to testify for ...
Weitz & Luxenberg P.C. Secures $423 Million Settlement
Friday, May 9th, 2008Weitz & Luxenberg P.C. Secures $423 Million Settlement in Groundwater Contamination Lawsuit against Oil Behemoths NEW YORK--(BUSINESS WIRE)--Weitz & Luxenberg P.C. (www.weitzlux.com) has secured a landmark settlement against some of the ...
Pride International Ultra-Deepwater Drillship Awarded Five-Year Contract
Thursday, May 1st, 2008Providing Further Expansion Into Deepwater U.S. Gulf of Mexico HOUSTON, May 1, 2008 (PRIME NEWSWIRE) -- Pride International, Inc. (NYSE:PDE) today announced that the Company has been awarded a five-year contract ...
AMEC secures $500 million five-year contract in Azerbaijan
Tuesday, April 29th, 2008AMEC plc, the international engineering and project management company, has been awarded a five-year Engineering Modification Services (EMS) contract for BP in Azerbaijan. The value of the new contract is estimated ...
BP’s first-quarter replacement cost profit was $6,588 million
Tuesday, April 29th, 2008BP's first-quarter replacement cost profit was $6,588 million, compared with $4,444 million a year ago, an increase of 48%. Non-operating items and fair value accounting effects for the first quarter had ...
BP to take a 50 per cent stake in Tropical BioEnergia SA
Thursday, April 24th, 2008BP announced today that it intends to take a 50 per cent stake in Tropical BioEnergia SA, a joint venture established by Brazilian companies Santelisa Vale and Maeda Group, which ...
Azerbaijan International Operating Company (AIOC) announces the start-up of oil production from the Deep Water Gunashli (DWG) platform
Wednesday, April 23rd, 2008The Azerbaijan International Operating Company (AIOC), operated by BP, today announced the start-up of oil production from the Deep Water Gunashli (DWG) platform complex as scheduled. Start-up of the DWG complex ...
New joint pipeline effort to bring Alaska gas to market
Tuesday, April 8th, 2008Work to begin immediately on new joint pipeline effort to bring Alaska gas to market ANCHORAGE, April 8, 2008 - BP [NYSE: BP] and ConocoPhillips [NYSE: COP] today announced they have ...
BP Joins Irving Oil in Proposed Eider Rock Refinery Project
Monday, March 17th, 2008International oil major BP and regional refiner and marketer Irving Oil have entered into a Memorandum of Understanding to work together on the next phase of engineering, design, and feasibility ...
BP Can Pump Four Million Barrels a Day Until 2020, Even Without New Finds
Wednesday, February 27th, 2008BP replaced its annual production by 112 per cent in 2007, taking its proved reserves of oil and gas to 17.8 billion barrels. It also added some 2.4 billion new barrels ...
Chairman and CEO of United Techonologies Corporation to Join BP Board
Monday, February 11th, 2008The board of BP announced today that it has appointed Mr George David as a non-executive director of BP p.l.c. with immediate effect Mr David is the chairman and chief ...
BP Delivers Dividend Boost and Again Replaces Oil and Gas Reserves By More Than 100 Per Cent
Wednesday, February 6th, 2008Release date: 05 February 2008, BP today announced an increase of 25 per cent in its quarterly dividend, taking it to a level 31 per cent higher than a year ...
Fourth Quarter and Full Year 2007 Results
Tuesday, February 5th, 2008Today there will be a webcast presentation hosted by Tony Hayward, Group Chief Executive, and Byron Grote, Chief Financial Officer. The presentation will discuss BP's fourth quarter and full year ...
BP Delivers Dividend Boost and Again Replaces Oil and Gas Reserves by More than 100 Per Cent
Tuesday, February 5th, 2008BP today announced an increase of 25 per cent in its quarterly dividend, taking it to a level 31 per cent higher than a year ago. Chief Executive Tony Hayward said ...
BP Makes Fifteenth Oil Discovery in the Ultra-Deep Water Block 31 Angola
Friday, February 1st, 2008Commenting on the discovery, Andy Inglis, chief executive of BP Exploration and Production said: "Portia strengthens our track record of exploration success in Block 31. It will make a material ...
