Tag Archives: British Petroleum Co. (BP)

The new venture is seeking regulatory approvals and would be run as an independent entity. the consortium said in a statement.

TANAP project envisages transportation of gas from Azerbaijan’s Shah Deniz field to the western borders of Turkey.

For Petrobras. the achievement of partnerships is an important strategy of the 2017-2021 Business and Management Plan.

The other oil majors. by and large. also appear able to cover their capex and dividends with their cash flow. or at least are coming pretty close.

Oil major BP signalled a switch from ``defence to offence`` in its third-quarter profits update.

Over the last couple of years. Big Oil has demonstrated more than once that it’s set on becoming more flexible. leaner. and more efficient.

The September 25 independence referendum in oil-rich regions of Iraqi Kurdistan and Kirkuk led to a military operation driven by the Iraqi government forces.

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.