(Golar LNG, 5.Aug.2024) — Golar LNG Ltd., and bp, as operator of the Greater Tortue-Ahmeyim LNG Project, have executed agreements to implement a commercial reset for FLNG Gimi. The commercial reset...
(bp, 15.Jul.2024) – bp has been granted funding, provided jointly by BMWK and Lower-Saxony Government, as part of the European IPCEI Hy2Infra wave for a green hydrogen project in Germany. The...
(bp, 14.Jul.2024) – Audi and bp are joining forces in an extensive new strategic partnership in Formula 1. As Audi prepares to enter the pinnacle of motor racing in 2026, which...
(bp, 10.Jul.2024) — This year’s Energy Outlook is focused on two main scenarios: Current Trajectory and Net Zero. These scenarios are not predictions of what is likely to happen or what bp would like to happen....
(Aker Solutions, 6.Jun.2024)) — Aker Solutions secured a sizeable (1) long term frame agreement with Azule Energy to provide engineering, procurement, and construction services (EPC) for brownfield projects and modifications...
(bp, 4.Jun.2024) — Seven years in the making, something remarkable is taking shape in the ocean where Mauritania and Senegal meet. A project, which includes a breakwater, subsea, a floating liquefied...
(bp, 4.Jun.2024) — The floating production storage and offloading (FPSO) vessel, a key component of the Greater Tortue Ahmeyim (GTA) Phase 1 LNG development, has arrived at its final location offshore...
(bp, 4.Jun.2024) — It takes extraordinary engineering and technology to keep the world supplied with energy. The latest example – one of bp’s biggest-ever projects – is coming together in the...
(Reuters, 8.Apr.2024) — BP is close to an agreement to sell some of its Trinidad and Tobago oil and gas assets to Anglo-French oil company Perenco, according to three people familiar...
(Reuters, 21.Mar.2024) — The government of Trinidad and Tobago has begun talks with the U.S. for a license that would allow the joint development of a natural gas project shared...
(bp, 6.Feb.2024) — bp delivered strong underlying financial performance in 2023, raising the dividend by 10% and buying back $7.9bn of shares, with net debt falling to its lowest level...
(Reuters, 23.Jan.2024) — BP expects the Calypso deepwater natural gas field off Trinidad and Tobago, which it shares with Woodside Energy to get the greenlight when a final investment decision (FID) is...
(Reuters, 22.Jan.2024) — Trinidad and Tobago has begun talks with some European countries on the supply of liquefied natural gas (LNG) produced from Venezuelan gas, Prime Minister Keith Rowley said...
(Trinidad and Tobago Energy Chamber, 22.Dec.2023) — The Ministry of Energy and Energy Industries has announced that the Bolivarian Republic of Venezuela has granted the license for the Dragon Gas...
(Trinidad and Tobago Ministry of Energy and Energy Industries, 22.Dec.2023) — Historic and unprecedented energy deals for Trinidad and Tobago that provide us with positive outlooks for our future, the...
(WoodMac, 14.Dec.2023) — A total of 193 blocks were auctioned in Brazil’s December 13 oil and gas licensing round, 192 under concession and one under production sharing agreement, signaling strong...
(WoodMac, 5.Dec.2023) — Oil and gas Majors have just an 8% market share of announced global net low-carbon hydrogen production capacity, which equates to 102.6 million tonnes per annum (Mtpa), according...
(Office of the Prime Minister of Trinidad and Tobago, 5.Dec.2023) — The government has secured a new unitized commercial structure for Atlantic LNG which allows the National Gas Company of...
(Office of the Prime Minister of Trinidad and Tobago, 4.Dec.2023) — Prime Minister Dr the Hon. Keith Rowley met with bp’s Interim Chief Executive Officer, Murray Auchincloss at the company’s...
(Reuters, 11.Nov.2023) — BP (BP.L), Edison (EDNn.MI) and Shell (SHEL.L) pressed a U.S.-EU energy group to intervene in a dispute with liquefied natural gas exporter Venture Global LNG over the U.S. firm's failure to deliver...
(Kosmos, 6.Nov.2023) — Kosmos Energy Ltd. (NYSE/LSE: KOS) has increased its working interest to 90% and assumed operatorship, subject to customary government approvals, of the world-scale Yakaar-Teranga gas discoveries offshore...
(Energy Analytics Institute, 31.Oct.2023) — Energy briefs as well as others related to finance and projects during October 2023 including Vista's third quarter 2023 earnings presentation; the long-awaited Citgo Petroleum...
(bp, 31.Oct.2023) — Our results this quarter show how we are making progress on our strategy to transform from an international oil company to an integrated energy company. From the...
(Trinidad Guardian, 27.Oct.2023) — Prime Minister Dr Keith Rowley yesterday described the signing in early December of the agreements to restructure the shareholding in Atlantic LNG as one of the...
(bp, 26.Oct.2023) — Today bp (NYSE: bp) announced a deal in which bp pulse, bp’s EV charging business, will acquire ultra-fast charging hardware units from Tesla (NASDAQ: TSLA) for $100mn....
(WoodMac, 26.Oct.2023) — ExxonMobil’s and Chevron’s belief in the durability of upstream could hardly be better demonstrated by the game-changing acquisitions of two flagship US Independents. It’s a pivotal moment...
(RCB Fund, 24.Oct.2023) — RCB Fund Services LLC, the Distribution Agent for the BP plc Fair Fund, announces the opening of the claims process for the BP Fair Fund for...
(Energy Analytics Institute, 30.Sep.2023) — Energy briefs as well as others related to finance and projects during Sep. 2023 including Petrobras saying that in regards the process of divestment of...
(bp, 25.Sep.2023) — bp has signed a Memorandum of Understanding (MoU) with Subsea Integration Alliance aimed at developing a framework to enhance subsea project performance. The agreement with the Alliance,...
(bp, 19.Sep.2023) — bp today announced that Kate Thomson has been appointed interim chief financial officer. Her appointment follows the appointment last week of Murray Auchincloss as bp’s interim chief...
(Reuters, 12.Sep.2023) — BP CEO Bernard Looney has stepped down after less than four years in office for failing to fully disclose details of past personal relationships with colleagues, the...
(bp, 5.Sep.2023) — bp has entered its third long-term liquefied natural gas (LNG) offtake contract from the Woodfibre LNG facility based in British Columbia, Canada. With the additional contract to...
(Eni, 3.Aug.2023) — Eni formalized with its Libyan counterpart NOC the revocation of force majeure status on exploration areas A and B (onshore), and C (offshore), where Eni is the...
(Reliance Industries, 6.Jul.2023) — Reliance Industries Limited (RIL) and bp p.l.c. confirmed the commencement of production from the MJ field, following testing and commissioning activities. The MJ field represents the last...
(bp, 6.Jul.2023) — bp expanded its investment in bioenergy today as bp ventures committed $10mn, leading the Series B investment round, in WasteFuel, a California-based biofuels company that will use proven,...
(Reuters, 7.Jun.2023) — Trinidad and Tobago aims to restart an idled liquefied natural gas (LNG) unit by the first quarter of 2027 after agreeing to restructure the facility's ownership and negotiate new gas...
(bpTT, 29.May.2023) — bpTT today announces the successful completion of the first phase of its “small pools” drilling campaign which began in October 2022. The campaign includes three wells in...
(bp, 2.May.2023) — bp reported strong financial results in the first quarter of 2023 and the underlying replacement cost profit for the quarter was $5bn, compared with $4.8bn for the...
(bp, 13.Apr.2023) — bp has successfully started oil production at its Argos offshore platform, delivering more energy at a critical time and strengthening bp's position as a leading producer in the deepwater...
(bp, 12.Apr.2023) — A sod turning ceremony today at Brechin Castle signaled the start of construction on Trinidad and Tobago’s first utility scale solar project. Dr the Honourable Keith Rowley,...
(Loop, 8.Mar.2023) — Energy Minister Stuart Young says he has had successful discussions at CERAWeek in Houston where a number of important engagements with key stakeholders in the energy industry at...
(Energy Analytics Institute, 23.Feb.2023) — "Despite bumper profits, the peer group is guiding towards $118bn in total investment in 2023, up just 4% on last year. This reflects the priorities...
(Energy Analytics Institute, 23.Feb.2023) — Energy briefs as well as others related to finance and politics during February 2023 including Repsol commenting on improvement of prospects for operations in Venezuela;...
(The Energy Chamber of Trinidad & Tobago, 6.Dec.2022) — The Energy Chamber of Trinidad & Tobago warmly welcomes today’s signing of agreements between bp, Shell, The National Gas Company of...
(bpTT, 6.Dec.2022) — bpTT President David Campbell speaks about the deal between BP Plc, Shell Plc, The National Oil Company of Trinidad and Tobago (NGC) and Chinese Investment Corporation (CIC)....
(SLB, 22.Nov.2022) — SLB announced today an award to its OneSubsea® business and Subsea Integration Alliance of a large contract by bp for its Cypre gas project offshore Trinidad and Tobago. The contract scope...
(bp, 11.Nov.2022) — bp commends the EPA for advancing new rules aimed at reducing methane emissions. This is a critical step toward helping the US reach net zero by 2050...
(Reuters, 4.Nov.2022) — The government of Trinidad and Tobago is asking the United States to authorize Venezuelan gas imports to restart an idled liquefaction train in the Caribbean nation, four...
(Trinidad and Tobago Newsday, 13.Sep.2022) — The Prime Minister is warning that unless investments are secured, declining natural gas levels could have dire consequences for the future of TT's economy....
(Trinidad Express, 13.Sep.2022) — Prime Minister Dr Keith Rowley says if Trinidad and Tobago’s natural gas prospects do not improve in the next few years, this will have far-reaching consequences...
(Office of the PM of Trinidad and Tobago, 12.Sep.2022) — Ministerial interaction with oil, gas and petrochemical majors (Proman, BP & Shell) based in Europe. Proman – Zurich and Düsseldorf...
(Eni, 2.Aug.2022) — bp and Eni confirmed that Azule Energy, the new 50/50 independent joint venture combining the two companies’ Angolan businesses, has been officially established. Azule Energy is now...
(bp, 25.Jul.2022) — BP p.l.c. (NYSE: BP) (LON: BP) announced that its wholly-owned subsidiary BP Capital Markets America Inc. (“BPCMA”) is exercising the option to redeem the total outstanding aggregate...
(Cenovus Energy, 13.Jun.2022) — Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) has reached an agreement to purchase the remaining 50% of the Sunrise oil sands project in northern Alberta from...
(bp, 13.Jun.2022) — bp will increase its acreage position offshore Eastern Canada and sell its 50% non-operated interest in the Sunrise oil sands project in an agreement reached with Calgary-based Cenovus...
(Subsea 7, 11.May.2022) — Subsea 7 announced the award of a sizeable(1) project by BP for the TOPR project located offshore Trinidad and Tobago, in water depths of up to 280...
(Reuters, 27.Feb.2022) — Exxon Mobil XOM.N likely will face new pressure to severe ties with Russia’s largest oil producer, said analysts, after rival BP agreed to unload a Rosneft stake....
(bp, 27.Feb.2022) — bp’s Bernard Looney provides a message to all bp staff on the company’s relationship with Rosneft. To the bp team, Like so many of you, I have...
(bp, 22.Feb.2022) — bp announced the safe and successful start-up of the Herschel Expansion project in the Gulf of Mexico. This is part of bp's strategy to invest in focused and...
(MEEI, 25.Jan.2022) — The Honourable Stuart R. Young, M.P., Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister announced the execution by the Government,...
(Energy Analytics Institute, 10.Jan.2022) — Energy briefs including Chile enacting the country’s first Energy Efficiency Law in its history; bp naming Andrés Guevara De la Vega as its new president...
(Energy Analytics Institute, 31.Dec.2021) — Trinidad and Tobago’s Minister of Energy and Energy Industries Stuart Young commented in an annual video update from Port of Spain on key oil, gas...
(Reuters, 8.Dec.2021) — Trinidad and Tobago next year plans to launch bidding rounds for onshore and shallow-water areas on top of last week's launch of an auction of 17 deepwater...
(The Office of the Prime Minister of Trinidad and Tobago, 4.Nov.2021) — Prime Minister Dr the Honourable Keith Rowley met with BP’s Chief Executive Officer, Bernard Looney at the company’s...
(New York Times, 14.Oct.2021) — After years of pumping more oil and gas, Western energy giants like BP, Royal Dutch Shell, Exxon Mobil and Chevron are slowing down production as...
(NPR, 18.Sep.2021) — The British government is putting up to 150 army drivers on standby to operate gas tanker trucks, as the country's fuel delivery crisis continues and motorists roam...
(bpTT, 17.Sep.2021) — bp Trinidad and Tobago LLC (bpTT) confirms its Matapal project has safely achieved first gas. The major milestone was achieved ahead of schedule and under budget despite...
(bpTT, 8.Sep.2021) — Dev Sanyal, executive vice president Gas and Low Carbon Energy, bp - has emphasized bp’s commitment to the continued development of its Trinidad and Tobago business. Sanyal...
(Argus, 8.Sep.2021) — Trinidad and Tobago's beleaguered LNG producer Atlantic is working with the government on a restructuring to ensure its commercial viability, major shareholders Shell and BP told Argus....
(Trinidad Express, 10.Aug.2021) — In its 2021 annual report, the T&T Government’s investment holdings company, National Enterprises Ltd (NEL) states that “the full impairment of the Train 1 plant at...
(Energy Analytics Institute, 6.Aug.2021) — Trinidad and Tobago’s former energy minister Kevin Ramnarine commented on the recent downgrade by Standard and Poor’s rating agency. What follows below are his comments...
(Trinidad and Tobago Newsday, 29.Jul.2021) — Energy company bpTT on Wednesday expressed concern and disappointment over a newspaper report which claimed there would be a major shortfall in natural gas...
(Energy Analytics Institute, 22.Jul.2021) — Energy briefs from the Latin America and Caribbean region including: daily production details from Argentina’s Neuquén region to 13 renewable projects identified by Colombia’s Ecopetrol...
(bp, 22.Jul.2021 ) — bp acquired UK-based digital energy business Open Energi. The company’s digital platform uses real-time data to optimise the performance of energy assets. It can generate savings...
(Trinidad Express, 19.Jul.2021) — Energy major BP said there is no “ongoing fight” between itself and the minority shareholder of Atlantic, Royal Dutch Shell. In a statement issued late yesterday,...
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