(IN BRIEF) bp has announced a new oil discovery at the Far South prospect in the deepwater Gulf of America. Located in Green Canyon Block 584, about 120 miles off Louisiana’s coast, the exploration well—drilled to a depth of 23,830 … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged Andy Krieger, barrels of oil equivalent, BP, bp exploration program, Chevron, Chevron U.S.A., Constellation field, deepwater exploration, exploration wells, Far South, February 2025 strategy reset, Green Canyon Block 584, Gulf of America, Miocene reservoirs, offshore drilling, oil and gas, oil discovery, oil reserves, partnership, strategic growth, sustainability, U.S. energy, U.S. Gulf Coast, upstream production
(IN BRIEF) BP p.l.c. has issued a Trading Statement outlining its current estimates and expectations for the first quarter of 2025, with insights into the economic environment and group performance. The statement clarifies that while it provides key guidance, it … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, United Kingdom
Tagged BP, bp p.l.c., bp RMM, Brent crude, customers & products, divestments, effective tax rate, EGYPT, financial reporting, gas & low carbon energy, Henry Hub, low carbon energy, Net debt, oil production, Q1 2025 guidance, Q1 results, refining margins, trading conditions, trading statement, Trinidad, upstream production, working capital
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