bp and XRG establish Arcius Energy to drive Egypt’s natural gas expansion
bp and XRG, the international energy investment arm of Abu Dhabi National Oil Company (ADNOC), have officially closed their agreement to launch Arcius Energy, a ... Read More
BP And JERA form JERA Nex BP to lead global offshore wind development
BP and JERA Co., Inc. have announced the formation of JERA Nex BP, a new joint venture poised to become a global leader in offshore ... Read More
Net Zero Teesside Power enters execution phase for carbon capture-first gas plant
Net Zero Teesside Power, a groundbreaking initiative aiming to deliver the world’s first gas-fired power station with carbon capture and storage (CCS), has entered its ... Read More
bp secures long-term collaboration with Worley joint venture for Oman’s gas sector
bp has extended its long-standing partnership with the Special Technical Services Worley Integrated Solutions (SWIS) joint venture, granting a three-year renewal of their Engineering, Procurement, ... Read More
ONGC Videsh expands global energy footprint with Azerbaijan acquisitions
ONGC Videsh Limited has made a significant move to strengthen its energy security strategy by completing acquisitions in Azerbaijan. On 29 November 2024, the company ... Read More
bp and partners approve $7bn Tangguh UCC project in Indonesia
bp, in collaboration with its Tangguh production sharing contract partners, has announced a final investment decision for the $7 billion Tangguh Ubadari, CCUS, and Compression ... Read More
ADNOC Gas plans to take majority stake in Ruwais LNG project for $5bn
ADNOC Gas, an affiliate of the Abu Dhabi National Oil Company (ADNOC), is set to expand its reach in the global liquefied natural gas (LNG) ... Read More
BP earnings meet expectations, but stock faces headwinds from production cuts
BP stock experienced a sharp drop this week, even after the British energy giant reported a stronger-than-expected third-quarter profit. However, the positive earnings report did ... Read More
BP completes full takeover of solar JV Lightsource BP, solidifying renewable expansion strategy
In a landmark move reflecting BP's commitment to green energy, the British oil giant has acquired the remaining 50.03% stake in its solar joint venture, ... Read More
bp and ONGC Videsh sign gas deal to unlock massive reserves in Azerbaijan’s ACG field
Azerbaijan's ACG field is on the cusp of a significant transformation following the signing of a Non-Associated Gas (NAG) agreement. A consortium of energy giants, ... Read More