Tag Archives: British Petroleum Co. (BP)

Media reports claimed Total is looking to sell off more than £1 billion worth of assets.

Pakistan currently meets just 15 percent of its petroleum demand with domestic crude oil production.

The project is awaiting completion of security approvals and the licenses necessary to start drilling.

Rystad Energy expects production to rise rapidly beyond 100 000 bpd.

Western powers imposed sanctions in 2014 after Russia’s annexation of Crimea.

Big oil companies are pouring money into shale assets. scrambling for access to the best acreage in Texas.

The company has been underexposed to the hottest market in global oil since the sale of its U.S. shale assets in 2010.

Shell and BP predict oil consumption may flat line in the mid-2030s.

Looking to build on recent success. BP. Eni and Shell have all been aggressively approving greenfield projects during the downturn.

One of the aims of Sonatrach’s new venture would be to supply crude to the Italian refinery.