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BP Completes Acquisition of GETEC ENERGIE GmbH to Enhance European Energy Presence

PRESS RELEASE -- 2, August 2024

(IN BRIEF) BP has finalized the acquisition of GETEC ENERGIE GmbH, an energy supplier to commercial and industrial customers in Germany. This acquisition, announced in January 2024, enhances BP’s European gas and power operations and expands its reach to Germany, … Read the full press release

BP and Iraq Government Sign MoU for Kirkuk Region Redevelopment

PRESS RELEASE -- 2, August 2024

(IN BRIEF) BP and the Government of Iraq have signed a memorandum of understanding (MoU) to negotiate a redevelopment programme for the Kirkuk region. This includes investments in oil and gas, power generation, solar energy, and exploration activities. The MoU … Read the full press release

bp and Castrol Partner with Audi for Formula 1 Entry in 2026

PRESS RELEASE -- 16, July 2024

(IN BRIEF) bp and Castrol have entered into a strategic partnership with Audi for their debut in Formula 1 in 2026. This exclusive collaboration includes the development of FIA-compliant Advanced Sustainable fuels and specialized lubricants for Audi’s F1 power unit. … Read the full press release

Lightsource bp Harnesses AI to Revolutionize Renewable Energy Solutions

PRESS RELEASE -- 29, June 2024

(IN BRIEF) AI is crucial in scaling up the renewable energy industry, with Lightsource bp leveraging AI to address challenges like grid stability and asset protection. AI supports accurate forecasting, risk mitigation from extreme weather, and optimized site design. Lightsource … Read the full press release

Lightsource bp Legal Team Earns High Commendation at The Lawyer Awards 2024

PRESS RELEASE -- 29, June 2024

(IN BRIEF) Lightsource bp’s global Legal team received a ‘Highly Commended’ recognition at The Lawyer Awards 2024 for ‘In-house Commerce and Industry Team of the Year,’ securing second place behind BAE Systems. This honor reflects the team’s ability to manage … Read the full press release

bp and Worley Forge Strategic Alliance to Drive Efficiency and Value Creation in Global Site Projects

PRESS RELEASE -- 10, June 2024

(IN BRIEF) bp and Worley have announced a new strategic alliance aimed at enhancing efficiency, continuous improvement, and value creation within bp’s global Site Projects organization. This collaboration, building upon a decade-long successful partnership between the two companies, seeks to … Read the full press release

Strategic Partnership: bp Leads Efforts as GTA Phase 1 LNG Development Nears Completion

PRESS RELEASE -- 5, June 2024

(IN BRIEF) The successful arrival of the FPSO vessel marks a significant milestone for the Greater Tortue Ahmeyim (GTA) Phase 1 LNG development, situated offshore Mauritania and Senegal. The vessel, an integral part of the project, has been securely moored … Read the full press release

Lightsource bp Partners with CSIC to Study Lesser Kestrel Habitat Use in Andalusia

PRESS RELEASE -- 25, May 2024

(IN BRIEF) In a collaborative effort, Lightsource bp has teamed up with scientists from the CSIC Biological Station in Spain to conduct a groundbreaking study on the habitat use of Lesser Kestrels in Andalusia. Nine kestrels have been equipped with … Read the full press release

bp Streamlines Organizational Structure to Drive Value Growth

PRESS RELEASE -- 19, April 2024

(IN BRIEF) In a move to enhance operational efficiency and focus on delivering its priorities, bp announces a simplification of its organizational structure. The company will maintain three core businesses – production & operations, gas & low carbon energy, and … Read the full press release

BP Announces Early Tender Results for $1.3 Billion Cash Tender Offer

PRESS RELEASE -- 12, March 2024

(IN BRIEF) BP p.l.c. (“BP”) disclosed the early tender outcomes for its cash tender offer conducted by its wholly-owned subsidiary BP Capital Markets p.l.c. to purchase for cash any validly tendered and accepted Notes, up to an aggregate principal amount … Read the full press release

BP Announces Cash Tender Offer for Notes

PRESS RELEASE -- 27, February 2024

(IN BRIEF) BP p.l.c. has initiated a cash tender offer through its subsidiary, BP Capital Markets p.l.c., to acquire any validly tendered and accepted Notes issued by the Offeror, up to an aggregate principal amount of $1,000,000,000. The Tender Offer, … Read the full press release

bp’s GTA LNG Project Reaches Crucial Milestone with FLNG Vessel’s Arrival

PRESS RELEASE -- 15, February 2024

(IN BRIEF) The floating liquefied natural gas (FLNG) vessel for the Greater Tortue Ahmeyim (GTA) LNG project, operated by bp and partners, has reached its destination on the maritime border of Mauritania and Senegal. This vessel, named Gimi, is a … Read the full press release

Lightsource bp Receives Investment Award at UK-Greek Business Awards

PRESS RELEASE -- 13, February 2024

(IN BRIEF) Lightsource bp, a leading solar energy developer, has been honored with the Investment Award at the inaugural UK-Greek Business Awards, organized by the British Embassy Athens and the British Hellenic Chamber of Commerce. This recognition highlights the company’s … Read the full press release

Lightsource bp Energizes First Battery Project, Accelerating Global Energy Storage Pipeline

PRESS RELEASE -- 8, February 2024

(IN BRIEF) Lightsource bp has achieved a significant milestone by energizing the Tiln battery project, marking the commencement of its multi-gigawatt global energy storage pipeline. This initiative, which accompanies the Tiln solar project in Lincolnshire, UK, underscores the company’s dedication … Read the full press release

EOS Investment Management Group Acquires Six Solar Greenfield Projects in Italy from Lightsource bp

PRESS RELEASE -- 1, February 2024

(IN BRIEF) EOS Investment Management Group (EOS IM) and Lightsource bp have finalized the sale of six solar greenfield projects in Italy to EOS IM, adding a 294MW portfolio to their existing solar power assets in Italy. These projects, either … Read the full press release

Lightsource bp Hosts New Energy Business School for In-Depth Discussion on Energy Transition

PRESS RELEASE -- 1, February 2024

(IN BRIEF) Lightsource bp recently held the New Energy Business School for the second consecutive year, offering a comprehensive two-day program focused on energy transition business and leadership. Located in the Netherlands, the school provides advanced education in various aspects … Read the full press release

bp and Equinor Restructure Ownership in US Offshore Wind Projects to Optimize Development Strategies

PRESS RELEASE -- 26, January 2024

(IN BRIEF) bp and Equinor have entered into an agreement to restructure the ownership of their joint US offshore wind projects, resulting in bp acquiring Equinor’s 50% stake in the Beacon Wind 1 and 2 projects, while Equinor takes ownership … Read the full press release

bp Expands European C&I Energy Presence with Acquisition of GETEC ENERGIE GmbH

PRESS RELEASE -- 17, January 2024

(IN BRIEF) bp, the global energy company, is set to expand its presence in the European commercial and industrial (C&I) energy supply sector with the acquisition of GETEC ENERGIE GmbH, a prominent energy supplier in Germany. This acquisition will strengthen … Read the full press release

bp Elevates Interim CEO Murray Auchincloss to Permanent Leadership Role

PRESS RELEASE -- 17, January 2024

(IN BRIEF) bp has appointed Murray Auchincloss as its new Chief Executive Officer (CEO), effective immediately. Auchincloss, who has been serving as interim CEO since September 2023, will continue as a member of the bp board. His appointment follows a … Read the full press release

Equinor and bp Terminate Empire Wind 2 OREC Agreement Amid Economic Challenges

PRESS RELEASE -- 4, January 2024

(IN BRIEF) Equinor and bp have jointly decided to terminate the Offshore Wind Renewable Energy Certificate (OREC) Agreement for the Empire Wind 2 project, an offshore wind endeavor in the US capable of generating 1,260 MW of power. The move … Read the full press release