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

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 ...

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

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

BP's new agreement with Trinidad and Tobago is the second deal aimed at increasing the country's natural gas output.

This agreement is reportedly part of the Caribbean nation's strategy to enhance gas output, supporting its liquefied natural ...

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

An outage at BP's Tangguh LNG plant in Indonesia disrupts LNG supplies just as Europe ramps up demand for the winter season.

The Ministry of Energy has announced that a negotiated Production Sharing Contract (PSC) for Block NCMA 2 has been signed ...

The LNG train was expected to be restarted on Nov. 23 and it was estimated operations would be back to normal on Nov. 25 ...

Trinidad and Tobago on Tuesday signed a production sharing agreement with a unit of British oil and gas producer BP for ...