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BP Plc

80 articles mentioning BP Plc · Page 3 of 4

BP to Slash Upstream Workforce; 4,000+ Cuts by Year-End 2017

BP to Slash Upstream Workforce; 4,000+ Cuts by Year-End 2017

As oil prices continue to drop, BP plc has announced that it plans to cut over 4,000 jobs within the next two years.

BP Grows Production; CapEx Cut Again

BP Grows Production; CapEx Cut Again

BP has reported results for the third quarter of 2015 and set out a medium-term financial frame to balance cash flows by 2017 at around $60 per barrel. Production Production for the quarter was 2,242mboe/d, 4.4%...

Eni, BP, Total Awarded Egyptian Mediterranean Exploration Licences

Eni, BP, Total Awarded Egyptian Mediterranean Exploration Licences

Two new exploration licenses located in the Egyptian offshore of the Mediterranean Sea, North El Hammad and North Ras El Esh.

BP, U.S. Goverment Finalize $20 Billion Claim Settlement

BP, U.S. Goverment Finalize $20 Billion Claim Settlement

This is an increase from BP's July estimate of the total settlement cost, which was $18.7 billion.

Eni Hits Gas Discovery in Egypt's Nile Delta; ~49 Bcf Gas in Place

Eni Hits Gas Discovery in Egypt's Nile Delta; ~49 Bcf Gas in Place

Preliminary estimates of the discovery account for a potential of...

2010 GOM Oil Spill to Cost BP $18.7 Billion Over 18 Years

2010 GOM Oil Spill to Cost BP $18.7 Billion Over 18 Years

Five years on from the Deepwater Horizon accident and spill in 2010, BP has reached agreements in principle to settle all federal and state claims arising from the event.

Alaska LNG Project Now Exporting to Non-FTA Countries

Alaska LNG Project Now Exporting to Non-FTA Countries

Conditionally authorized the Alaska LNG Project LLC to export liquefied natural gas to non-Free Trade Agreement countries.

Halliburton, BP Reach Settlement; Dismiss All Claims

Halliburton, BP Reach Settlement; Dismiss All Claims

The companies have agreed to resolve all remaining issues, which includes indemnities between the parties and dismissal of all claims against each other, relating to the April 20, 2010, Deepwater Horizon well incident in the Gulf...

BP Taps Technip for Thunder Horse Pipeline Systems

BP Taps Technip for Thunder Horse Pipeline Systems

At a water depth of approximately 1,900 meters, the current field development is located in Mississippi Canyon Blocks 778 and 822, in the ultra-deepwater Gulf of Mexico environment.

ExxonMobil Turns on Taps at Angola Kizomba Project

ExxonMobil Turns on Taps at Angola Kizomba Project

Nearly $740 million has been invested in Angola for the project, including contracts for fabrication, logistics support and training and development of Angolan personnel.

On The Market : Mid-Con, GOM Pipeline & Facilities For Sale

On The Market : Mid-Con, GOM Pipeline & Facilities For Sale

The assets include pipeline and storage assets along the Gulf of Mexico as well as storage terminals in the Midcontinent region and East Coast.

Chevron to Join BP, Conoco in GoM Development

Chevron to Join BP, Conoco in GoM Development

Chevron will work with BP ConocoPhillips to explore and appraise in the northwest portion of Keathley Canyon

BP Attempting to Lower $13.7 Billion Oil Spill Fine

BP Attempting to Lower $13.7 Billion Oil Spill Fine

After being fined $13.7 billion in connection to the 2010 oil spill, BP plc is requesting the fine be lowered as low oil prices continue to plague the industry.

BP to Spend $1.4 Billion in U.S. Shale

BP to Spend $1.4 Billion in U.S. Shale

Planning to spend between $1-1.4 Billion, though this could change when the company updates guidance in 2015.

Wood Group Scores U.K. Shelf Service Contract from BP

Wood Group Scores U.K. Shelf Service Contract from BP

Effective January 2015, the contract will create 150 new jobs and secure more than 700 existing positions.

BP to Invest $12 Billion in Egypt in Effort to Boost Gas Supplies

BP to Invest $12 Billion in Egypt in Effort to Boost Gas Supplies

The development was announced at an energy conference held in Alexandria.

BP to Axe More Jobs in Response to Oil Price Woes

BP to Axe More Jobs in Response to Oil Price Woes

This furthers the company's downsizing activity stemming from the 2010 Deepwater Horizon incident.

Explosion Reported at BP's Largest U.S. Refinery

Explosion Reported at BP's Largest U.S. Refinery

The refinery, which focuses on processing heavy crude from Canada, has a capacity of 413,500 BPD.

SandRidge COO Lawler to Depart; Will Take Position at BP

SandRidge COO Lawler to Depart; Will Take Position at BP

David C. Lawler, Executive Vice President and Chief Operating Officer, has resigned to take the position of Chief Executive Officer of BP's Lower 48 operations

Noble Comes Up Empty at GoM Bright Project; Plugs Well

Noble Comes Up Empty at GoM Bright Project; Plugs Well

The Bright exploration well in the deepwater Gulf of Mexico reached the targeted Upper and Middle Miocene objectives and did not encounter hydrocarbons.