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BP

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

BP plans for significant growth in deepwater Gulf of Mexico; LLOG Exploration reports deepwater Gulf discovery; Offshore service market growth to outpace shale Read more

Upstream

BP today announced first gas production from the second stage of its West Nile Delta development offshore Egypt. Read more

Upstream

BP Ventures has invested $5 million in Belmont Technology’s Series A financing to further bolster BP’s artificial intelligence (AI) and digital capabilities in its Upstream business. Read more

Training & Human Resources

BP has started up the Thunder Horse Northwest Expansion project in the deepwater Gulf of Mexico four months ahead of schedule and 15 percent under budget. Shell Offshore Inc., a subsidiary of Royal Dutch Shell plc. Read more

Upstream

Sempra Energy and Total S.A. have entered into a Memorandum of Understanding (MOU) that provides the framework for cooperation in the development of North American LNG export projects. Read more

Tanks/Terminals/Storage

BP and partners announced that the Final Investment Decision (FID) for Phase 1 of the innovative cross-border Greater Tortue Ahmeyim development has been agreed. Read more

Natural Gas/LNG

Plastic Container

Anton Starikov

The proposed facility, in Aliaga in western Turkey, would produce 1.25 million tonnes per annum (tpa) of purified terephthalic acid (PTA), 840,000 tpa paraxylene (PX) and 340,000 tpa benzene. Read more

Downstream

Britain’s BP has launched the sale of U.S. oil and gas onshore assets that could raise more than $3 billion to help pay for other fields in the United States it bought in October from BHP. Read more

M&A/Investment

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