Tag Archives: British Petroleum Co. (BP)

The investment to develop non-conventional hydrocarbons of Vaca Muerta. in the areas of Aguada Pichana and Aguada de Castro will be made through December 2021.

The BP head said that the company would spend $15 billion in projects this year. and in 2018 and 2019.

The biggest exploration expenses are expected for blocks Parsa and Bamdad in the Gulf. amounting to 80 million euros and 75 million euros respectively.

Last year the world’s carbon emission was flat from 2015. according to BP’s report.

IPC is the first Iranian oil contract that clearly stipulates a role for domestic oil and gas equipment manufacturers.

A second gold rush is taking place on a small island few people know about.

The country’s oil and gas resources management body will launch a tender for exploration licenses in the blocks by the end of June.

Under the proposal. a $40 carbon tax. rising over time. would be levied on emissions in order to encourage a shift towards renewable energy sources such as solar and wind.

Growth in offshore wind is something the majors cannot afford to ignore as they plan for 2035 and beyond.

The country’s natural gas consumption has continued to grow as has natural gas’s role in Saudi Arabia’s current energy mix.