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BP

Equinor and its partners are preparing for production start from the world class Johan Sverdrup field already in October this year, one month ahead of schedule. Read more

Upstream

BIC attended the 51st Annual ECC Conference in Colorado Springs. Read more

BIC Attends

BP today announced that it has agreed to sell its entire business in Alaska to Hilcorp Alaska, based in Anchorage, Alaska. Read more

M&A/Investment

Russian giant Gazprom saw the highest production growth over the last five years, followed by shale gas players in the US and China, while BP dominates among the majors Read more

Commodities

BP and Eni today signed an exploration and production sharing agreement (EPSA) for Block 77 in central Oman with the Ministry of Oil and Gas of the Sultanate of Oman. Read more

Drilling & Exploration

BP has agreed to form a 50:50 joint venture with Bunge – a leader in agriculture, food and ingredients - that will create a leading bioenergy company in one of the world’s largest fastgrowing markets for biofuels. Read more

Renewable & Biofuel

Overall offshore project sanctioning in 2019 has surpassed the $50 billion mark, driven by Saudi Aramco’s recently announced $18 billion worth of project commitments associated with the Marjan and Berri expansion projects. Read more

Offshore & Marine

According to Robert Dudley, group chief executive for BP plc, there are several reasons the oil and gas industry is currently "in better shape than it has been in a long time." Read more

Current Issue

Oil and gas production and environmental protection have often been viewed by some groups as an either/or proposition. Read more

Current Issue

According to Sanjiv Singh, chairman of Indian Oil Corp. Ltd. (IOCL), foreign demand for U.S. energy exports will increase dramatically within the short span of a decade. Read more

Downstream

BP and the Environmental Defense Fund (EDF) recently unveiled a three-year strategic commitment to advance technologies and practices to reduce methane emissions from the global oil and gas supply chain. Read more

Current Issue

Region-wide Gulf lease sale yields $244.3 million in high bids, Chevron eyes 900,000 b/d from Permian by yearend 2023, ExxonMobil adds 4.5 billion barrels to reserves, BSEE: Key to energy security lies within offshore industry Read more

Upstream

BP and partners have sanctioned the Azeri Central East (ACE) project, the next stage of development of the giant Azeri-Chirag-Deepwater Gunashli (ACG) oilfield complex in the Azerbaijan sector of the Caspian Sea. Read more

Upstream

The parties have signed a memorandum of understanding to study the feasibility of a 250-megawatt water electrolysis facility to produce up to 45,000 tons of green hydrogen yearly using renewable energy. Read more

Refining & Petrochemical Processing

Though statistics indicate 80 percent of events are due to human error or nonconformance and 20 percent are due to equipment failure, human error is really only the starting point of the investigation. Read more

Training & Human Resources

Greenhouse gas emissions lower again in 2018, despite higher oil and gas output Read more

Health, Safety & Environmental

Each year, CERA clients gathered for a few days in Houston, Texas to attend the executive conference where they gained insight into the energy future while connecting with their peers. Read more

BIC Attends

BP urged the U.S. government to tighten rules limiting methane leaks from oil and gas operations as it teamed up with a prominent environmental group to develop technologies to limit emissions of the potent greenhouse gas. Read more

Health, Safety & Environmental

The oil industry should engage with proponents of the “Green New Deal,” a Democratic initiative seeking to radically reduce U.S. dependence on fossil fuels, BP Chief Executive Officer Bob Dudley said on Tuesday. Read more

Regulations

McDermott was awarded a substantial* engineering, procurement, construction and installation (EPCI) SURF contract. Read more

Offshore & Marine

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