BP's shift to renewables led to oil production decline and financial woes. 2024 profits plummeted from $14.9 billion to $2.34 ...

The company's strong presence in the Gulf of Mexico and strategic stakes in global projects like ADNOC and Shah Deniz bolster ...

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The company said, “Looking ahead, bp (BP) expects fourth quarter 2024 reported upstream production to be lower compared with the ...

UK supermajor BP has sanctioned a $7 billion carbon capture, utilisation and storage (CCUS) project tied to its Tangguh ...

The company said, “bp (BP) continues to expect both reported and underlying upstream production* to be slightly higher compared with 2023. Within this, bp continues to expect underlying ...

BP PLC (NYSE:BP) reported a 3% increase in upstream production year-to-date, with liquids production up 5%. The company achieved an 80% year-on-year growth in its EV charging business, reaching 1 ...

The UCC project includes the development of Ubadari gas field to enhance gas recovery through onshore compression and carbon capture utilization and storage (CCUS). It extends the gas feed to the ...

As part of KG Berau Petroleum Ltd, Mitsui shares an 8.56% stake in the project with Japan Organization for Metals & Energy Security, JX Nippon Oil & Gas Exploration Corp, Mitsubishi Corp, and Inpex ...

Cost Savings Target: Over $0.5 billion in 2025, aiming for at least $2 billion by 2026. BP PLC (NYSE:BP) reported a 3% increase in upstream production year-to-date, with liquids production up 5%. The ...