(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 […]
Tag: BP
GTA LNG Project Reaches Milestone with Arrival of FPSO
(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 […]
Mega Gas Project off Africa Nears Final Stages before Start-up
(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 – […]
BP in Talks to Sell Some Trinidad Upstream Gas Assets to Perenco
(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, […]
Trinidad Seeks US License for BP Gas Project Shared with Venezuela
(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 […]
bp Reports 2023 Results [PDF Downloads]
(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 […]
BP sees Trinidad Deepwater Gas Getting Greenlight as soon as 2025
(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 […]
Trinidad in Talks with Europe to Supply Venezuelan Gas
(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, […]
The Energy Chamber: Dragon Deal a Historic Achievement
(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 […]
Trinidad Inks Gas Deal with Venezuela
(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 […]
Brazilian Bid Round Opens New Offshore Frontier in Pelotas Basin
(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 […]
Increased Market Share Expected as Investment Builds for Low-Carbon Hydrogen
(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 […]
New Unitized Commercial Structure for Atlantic LNG
(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 […]
Trinidad PM Rowley Leads Energy Talks with bp in London
(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, […]
Companies Ask US, EU to Intervene in Venture Global LNG Dispute
(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 […]
Kosmos Boosts Working Interest, Assumes Operatorship of Yakaar-Teranga
(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 […]
EAI’s NRGBriefs: Oct. 2023
(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 […]
bp’ 3Q:23 Results: Focused on Delivery [PDF Downloads]
(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 […]
Rowley: LNG Restructuring Saving T&T
(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 […]
bp Boosts EV Charging Network with $100mn Order from Tesla
(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 […]
Big Oil: Upstream M&A Gets Serious
(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 […]
BP Fair Fund to Compensate Certain Investors in BP plc Ordinary Shares
(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 […]
EAI’s NRGBriefs: Sep. 2023
(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 […]
bp Inks MOU with Subsea Integration Alliance
(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. […]
Kate Thomson Appointed as bp Interim CFO
(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 […]
BP CEO Looney to Resign After Personal Relationships with Colleagues
(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 […]
bp Enters LNG Offtake Deal for British Columbia LNG Facility
(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. […]
Eni Revokes Force Majeure on Three Exploration Assets in Libya
(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 […]
Reliance and bp Start Production from KG D6 Block
(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 […]
bp Expands Investment in Bioenergy
(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 […]
Trinidad to Restart Idled LNG Unit by Early 2027
(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 […]
bpTT Adds Mango Field Production
(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 […]
bp’s First Quarter 2023 Results [PDF Downloads]
(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, […]
bp Starts Oil Production at Argos Platform in the Gulf of Mexico
(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 […]
bp and Shell Break Ground on Solar Plant
(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. […]
T&T Energy Minister Holds Successful Talks at CERAWeek in Houston
(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 […]
Majors Capex Guidance Update
(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 […]
EAI’s NRGBriefs: Feb. 2023
(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 […]
Energy Chamber on Restructuring of Atlantic by Shareholders
(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, […]
David Campbell at Atlantic LNG HoA Signing
(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) […]
SLB on Award for bp’s Cypre Project
(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 […]
bp Commends EPA for Advancing Methane Rules
(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 […]
Trinidad asks US to Allow Venezuelan Gas Imports for LNG Plant
(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 […]
Rowley: TT Must Secure Energy Future Now
(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 […]
Trinidad and Tobago PM’s Gas Warning
(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, […]
Trinidad PM Rowley’s Statement on Chats with Proman, BP & Shell
(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. […]
Azule Energy Begins Operations in Angola
(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 […]
bp on Redemption of $2.85bn of Outstanding Notes
(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 […]
Cenovus Buys Outstanding 50% Interest in Sunrise Oil Sands Asset
(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 […]
bp Reshapes Canada Portfolio for Future Growth
(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 […]