photo: bp
Oil/Gas

bp reshapes its Canada portfolio

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 Energy. Total consideration for the transaction includes […]

Bernard Looney, bp’s chief executive, with Sheikh Khaled bin Mohamed bin Zayed
Projects

ADNOC and Masdar to join bp’s UK hydrogen projects

bp has taken a major step forward in strengthening its strategic partnership with ADNOC and Masdar of Abu Dhabi, bringing international participation to its planned blue and green hydrogen developments in Teesside in the north-east […]

Permian Delaware annual production growth by hydrocarbon and total output (Source: Rystad Energy UCube, Rystad Energy research and analysis)
Oil/Gas

Top of the charts: Permian Delaware output to hit record in 2022, driven by private operators and soaring demand

Total hydrocarbon production in the Permian Delaware Basin, the top-producing play in the Permian, will hit a record 5.7 million barrels of oil equivalent per day (boepd) average in 2022, according to Rystad Energy research. […]

Six licences now in place on the UK Continental Shelf
Projects

bp/Equinor awarded carbon storage licences

The drive to reach net zero greenhouse gas emissions by 2050 has taken a sizeable step forward with the award of two carbon storage (CS) licences in the Southern North Sea. The North Sea Transition […]

photo: bp
Projects

bp bids for offshore wind in the Netherlands

bp has submitted bids for two offshore wind leases in the Netherlands that together have the potential for generating capacity of 1.4 GW. The bids underpin extensive and transformational plans for a series of further […]