Tag Archives: Bernard Looney

bp takes next strategic step in its reinvention

bp divests its global petrochemicals business to INEOS for a total consideration of $5 billion (PRESS RELEASE) LONDON, 29-Jun-2020 — /EuropaWire/ — Multinational oil and gas company, bp announces its next strategic step in further strengthening its balance sheet and delivers … Read the full press release

bp Stats Review 2020: Net zero can be achieved by 2050

(PRESS RELEASE) LONDON, 17-Jun-2020 — /EuropaWire/ — Multinational oil and gas company bp has announced it has released its 69th annual edition of the bp Statistical Review of World Energy, also known as bp Stats Review. In this year’s edition … Read the full press release

First oil production from the giant Clair Ridge project in the West of Shetland region offshore UK

Major UK North Sea development is sixth new upstream project to come on stream for BP in 2018. Targeting 640 million barrels of oil reserves; peak production of 120,000 barrels of oil a day. First offshore deployment of BP’s ground-breaking … Read the full press release

BP upgrades U.S. onshore oil and gas portfolio with the completion of $10.5 billion acquisition of BHP assets

BP’s Lower 48 business changes name to BPX Energy, marking new era of growth HOUSTON, TX, USA, 01-Nov-2018 — /EuropaWire/ — BP has completed the $10.5 billion acquisition of BHP’s U.S. unconventional assets in a landmark deal that will significantly upgrade … Read the full press release

BP Trinidad and Tobago: first gas from the Juniper development

LONDON, 15-Aug-2017 — /EuropaWire/ — Juniper is the fifth BP Upstream major project, and second in Trinidad, to start-up in 2017. BP Trinidad and Tobago (BPTT) today announced first gas from the Juniper development, the fifth of BP’s seven Upstream major … Read the full press release