Tag Archives: British Petroleum Co. (BP)

BP is the operator of the Shah Deniz and ACG development projects.

BP sees Chinese demand for oil surging 61 percent. and gas demand soaring 186 percent by 2035.

Some of those investments failed to pan out and BP in 2011 wrote off its solar business.

BP has a stake of nearly 20 percent in Rosneft and Dudley said he was very happy with the partnership and future projects.

Total also has interests in four exploration blocks it was awarded in auctions last year. two of which it operates.

Earlier this week Norway’s Statoil reported yet another dry well in the Barents Sea. some 100 km northwest of the Johan Castberg discovery.

This is Chevron’s second project in the Australian LNG rush.

Japan exploring opportunities in downstream and mid-stream sectors.

The Russian state-run oil giant said the cost of its acquisition is $1.125 bn.

Last week. Exxon won the rights to develop 10 offshore blocks in Brazil.