The U.S. oil giant closed the facilities to assess damage from a magnitude 7.5 earthquake early Monday morning.
Read More »BP Predicts Plastic Bans to Impact Oil Demand
BP predicted that oil demand would continue to grow at about 0.5% through 2040.
Read More »World will Remain Thirsty for Oil for Decades
BP predicts that there will be two billion cars worldwide by 2040 but that internal combustion engine will continue to dominate.
Read More »Oil Demand to Peak Around Within 20 Years
BP'.s views on peak-oil demand aren'.t universally accepted in the industry.
Read More »U.S.. Canada Confrontation for LNG Dominance
Tight gas from shale is expected to account for 70-75 percent of Canada’s production in 2025.
Read More »India. the Leader of Global Oil Demand By 2035
India is expected to post continued robust growth in the working-age population in the next five years.
Read More »Indonesia Intends to Attract the World’s Top Oil Companies
Indonesia seeks to boost energy investment as output drops.
Read More »Shah Deniz-2 Project 99% Complete
Construction works at the Sangachal terminal expansion area are complete.
Read More »BP Spend over $1billion in Egypt in 2018
The country owed $2.4billion (£1.7billion) at the end of June 2017 .
Read More »Iraq Asks BP to Study Developing Kirkuk Oilfields
Iraq in December 2017 earned around US$6.5 billion from crude sales. at US$59.3 per barrel.
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