Tag Archives: British Petroleum Co. (BP)

The American executive’s tenure has focused on restoring BP to the position it had before the rig explosion in the Gulf of Mexico.

The Oil Ministry expects that the new island and related plans will allow it to almost double its export capacity within three years.

One of the opening events of Climate Week in New York offered a rare sight -- nine bosses of some of the world’s largest oil and gas companies in one room.

Under the 15-year contract. US LNG will be delivered from Freeport LNG terminal or Calcasieu Pass.

Carbon-capture technologies could be expanded to more efficiently trap large amounts of carbon released by facilities such as power plants.

Around 3.8 tonnes of extremely flammable. unstabilised crude oil spilled on to the ground at Sullom Voe Terminal in December 2012.

The project is ultimately aimed at delivering and improving on BP’s methane intensity target of 0.2% from its upstream operations.

The Norwegian energy giant has also launched a share buyback of up to $5 billion.

It has received backing from major companies including BP. Equinor. Shell. Siemens. Total and Wood.

Current data shows there are more than two billion barrels of oil equivalent in near-field opportunities that could potentially be unlocked.