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Latest Articles in bp

Infosys Signs MoU With bp To Help Accelerate Digital Transformation

Infosys will focus on modernising bp’s application landscape to enhance business resilience

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Continuum Green Energy's Sale Gathers Pace: Report

Oil major BP, Norway's Statkraft and I Squared Capital have signed non-disclosure agreements and the deal is likely at an equity value of around USD 600 million

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Global Energy Consumption Topped Pre-pandemic Levels In 2021: BP Report

Oil demand last year was 3.7 million barrels per day (bpd) below 2019 levels, driven primarily by weakness in the aviation sector, which was 33 per cent below pre-pandemic levels, BP said in its 2021 Statistical Review of World Energy

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BP Expects To Pay Up To 1 Bn Pounds In UK Taxes In 2022

Energy prices in Britain have hit record highs this year leading to repeated calls from the opposition Labour Party for a windfall tax on producers of North Sea oil and gas to help pay for support for people struggling with energy bills

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BP To Keep Betting On Lower Carbon, More Economical Offshore Oil Output

Offshore operations allow better control of emissions, especially in the U.S. Gulf of Mexico, said Starlee Sykes, BP's Senior Vice President for the Gulf of Mexico and Canada, during the Offshore Technology Conference (OTC) in Houston

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India Asks State Firms To Consider Buying Russian Oil Assets

The oil ministry last week conveyed its intent to ONGC Videsh Ltd (OVL), Indian Oil Corp., Bharat Petro Resources Ltd (BPRL), Hindustan Pertoleum's subsidiary Prize Petroleum Ltd, Oil India Ltd and GAIL (India) Ltd, the sources said

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A Look At Countries And Companies Who Are Still Buying Russian Oil

EU foreign ministers failed to agree on Monday on sanctioning Russian gas and oil supplies, which account for 40% and 27% of the bloc's total use of those commodities respectively

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Shell Stops Buying Russian Crude As Moscow's Isolation Deepens

Shell apologised on Tuesday for buying Russian oil last week after it had said it would pull out of its Russian operations, including the Sakhalin 2 LNG plant in which it holds a 27.5% stake and which is operated by Gazprom

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BP Exiting Stake In Russian Oil And Gas Company Rosneft

Rosneft accounts for around half of BP's oil and gas reserves and a third of its production and divesting the 19.75 per cent stake will result in charges of up to $25 billion, the British company said, without saying how it plans to extricate itself

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Jio-Bp Opens EV Charging Hub In Delhi; Petrol Pump Count Inching Up

The joint venture plans to leverage Reliance's vast presence and deep experience in consumer businesses across India, with its hundreds of millions of customers in Jio and Reliance Retail, and bp's extensive global experience in high-quality differentiated fuels, lubricants, convenience and advanced low carbon mobility solutions

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BP Sets Up New Digital Hub In Pune

The new Digital Hub is expected to be operational by July 2021, with an initial headcount of up to 100 digital engineering, data, information security and design specialists

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Reliance, BP Start Up Second Deepwater Gas Field In KG-D6 Block

The field is located about 60 km from the existing onshore terminal at Kakinada, in Andhra Pradesh in water depths of up to 1,850 meters.

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BP, Infosys Ink Pact, To Develop Integrated Energy-As-A- Service Offering

bp's integrated energy offer draws on technologies and businesses in solar and wind together with gas for power, fuels, electric vehicle charging, battery swapping and advanced mobility solutions

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BP Sinks To First Loss In A Decade On Pandemic Hit

BP's debt pile of $39 billion is expected to rise in the first half of this year as it continues to struggle with a weak environment, but the company said it remained on track to reduce it to $35 billion by early 2021.

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Reliance And BP Announce First Gas From Asia’s Deepest Project

RIL and bp are developing three deepwater gas projects in block KG D6 – R Cluster, Satellites Cluster and MJ – which together are expected to meet ~15% of India’s gas demand by 2023.

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