Operator · Canada Oil Sands, Granite Wash & Russia
BP Plc
80 articles mentioning BP Plc · Page 2 of 4
BP to Unload $3.0B in US Shale Assets to Fund BHP Deal
BP has launched a sale of approximately $3.0 billion worth of US onshore assets, according to a report by Reuters. The sale proceeds will be used to fund its buyout of BHP Billiton's US onshore asset...
BP, Hess Miss Mark at Exploration Well Offshore Nova Scotia
Hess announced that drilling of the Aspy exploration well offshore Nova Scotia reached total depth of 7,400 meters. The prospect did not encounter commercial quantities of hydrocarbons and will be plugged and abandoned. BP Canada as...
BP Finalizes Acquisition of BHP Assets; Renames Unit
BP has closed on its $10.5B acquisition of BHP Billiton's assets and has subsequently renamed the unit BPX Energy. The main assets included in the transaction. Permian: 83,000 acres with c 3,400 gross drilling locations in...
BP Chairman Svanberg to Retire in 2018
BP announced that its chairman, Carl-Henric Svanberg, intends to retire in 2018. Svanberg joined the BP board on 1 September 2009 and became chairman on 1 January 2010. He will chair the annual general meeting to...
BP Reports Q2 Earnings
BP reported its Q2 2017 earnings. Bob Dudley, group chief executive, said: "We continue to position BP for the new oil price environment, with a continued tight focus on costs, efficiency and discipline in capital spending....
BP, Kosmos Announces Major Gas Discovery Offshore Senegal
Yakaar-1 exploration well result confirms potential scale of the petroleum system offshore Mauritania and Senegal.
BP Taps Schlumberger for Well Services at GOM Mad Dog 2 Project
Schlumberger's OneSubsea has been awarded an engineering, procurement and construction (EPC) contract to supply the subsea production system for BP's Mad Dog 2 development in the Gulf of Mexico.
BP to Spend $16-17 Billion in 2017; Comparable 2016 Total Spend
BP has identified its 2017 capital budget.
Azerbaijan's SOCAR, AIOC to Develop Caspian Sea Prospect
The shareholders in AIOC are BP, Chevron, INPEX, Statoil, ExxonMobil, TPAO, ITOCHU and ONGC Videsh.
BP's Lower 48 Operations to be Headquartered in Colorado
BP’s U.S. Lower 48 onshore business announced it will establish its headquarters in Denver to be closer to its substantial asset position in the Rocky Mountain region...
BP Spins Bit at New North Sea Gas Play
BP announced that drilling has commenced on a potential carboniferous gas play in southern North Sea block 43/26a that, if successful, could open up a new phase of development in the region.
BP Sanctions Phase II of GOM Mad Dog Project
BP plans to add approximately 800,000 net barrels of oil equivalent per day of new production globally from projects starting up between 2016 and 2020.
Report: New Supermajor Jumping into the Argentine Shale Fray
Supermajor BP plc has set it sights on Argentinean shale development, with plans to invest ~$1.4 billion on development, according to a report by Reuters. BP will conduct its operations through its subsidiary, Pan American Energy...
BP's Great Australian Bight Exploration Plan Hits Snag
BP has earmarked $730 million to explore for hydrocarbons in the region.
BP Extends Oman Shale Gas PSC; Financials Hit by GOM Settlement
BP today reported its results for the first quarter of 2016.
BP Shareholders Vote Against $20B Pay Deal for CEO
BP shareholders are standing against the $20 million payout for the company's Chief Executive Bob Dudley.
BP, CNPC to Explore for Shale Gas in China's Sichuan Basin
The PSC covers shale gas exploration, development and production in the Neijiang-Dazu block in the Sichuan Basin, China.
$20B Deepwater Horizon Settlement Gets Final Approval
While this concludes the legal process for BP in the US, the company still faces a pending lawsuit in Mexico related to the incident.
BP Planning Billions in Sales for 2016; Talks Spending Outlook
BP reported its results for the full year and fourth quarter of 2015.
BP Appoints Deputy Group Chief Executive
BP announced the appointment of Lamar McKay to the new position of Deputy Group Chief Executive.