Brian Gilvary will be succeeded by Murray Auchinchloss. who is currently the CFO of BP’s Upstream segment.
Read More »Six Major Oil Companies towards Renewable Energy Sources
BP was the first oil major to commit significant capital to renewable projects. such as wind and solar. from 1980 onwards.
Read More »India`s Oil Demand Growth Set to Overtake China by mid-2020s
China’s demand growth is likely to be slightly lower than that of India by the mid-2020s.
Read More »BP to Sell North Sea Assets to Premier Oil in £475m Deal
It is the latest step in BP’s planned programme of £7.6bn of divestments by the end of 2020.
Read More »Tristar Adds LNG Tanker to Shipping Fleet
The vessel will be the first LNG ship to be added to the firm’s fleet of 30 ocean-going tankers.
Read More »Oil Industry Braces for More Mideast Turmoil After Soleimani Killing
The U.S. assassination of one of Iran’s most powerful generals has the oil industry bracing for something it has long feared and anticipated.
Read More »OPEC’s Rebel Makes Gesture of Atonement Ahead of New Oil Cuts
Iraq has been one of the weakest links since the OPEC+ alliance began in late 2016.
Read More »Fastest Growing Energy Market By 2030
India aims to move to a gas-based economy and looks to invest around US$100 billion in energy infrastructure. including renewables.
Read More »BP and Chevron to Fund Oil and Gas Exploration in South Australia
Under this initiative. both the firms plan to increase energy supplies in the state and south-eastern Australia.
Read More »Saudi Aramco Replaces Apple as World’s Largest Listed Company
Aramco is worth more than the top five oil companies – Exxon Mobil. Total. Royal Dutch Shell. Chevron. and BP – combined.
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