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Tag: BP

Big Oil Goes Looking for a Career Change

The supermajor business model that owned a century comes undone For most of the past century, Big Oil executives found it pretty easy to explain…

BP, Major Wall Street Banks Want Carbon Pricing Policy In U.S.

Supermajor BP, as well as many major Wall Street banks, recommends that the U.S. set a price on carbon in a report commissioned by the U.S. Commodity…

Only 20% of Produced Associated Gas from ACG Converted into Marketable Gas in 2020

172 bcm of associated gas were produced from the Azeri-Chirag-Gunashli (ACG) oil block from the start of development until August 1, 2020. This was announced…

BP mulls radical reduction of office space in move to flexible working

‘Reinvention’ would represent most dramatic downsizing of property portfolio in BP’s 111-year history BP is considering a radical reconfiguring of its offices, which could come…

BP considers halving its worldwide offices portfolio

BP is understood to be contemplating a radical reduction of its estate portfolio as it moves towards more remote working in the wake of the…

Supermajor Era Ends for BP

(Bloomberg) — In the late 1990s, BP Plc boss John Browne used an oil-price slump to usher in the age of the supermajor, buying U.S….

BP: within a decade we expect to be a very different kind of energy company

Bakhtiyar Aslanbayli, bp Vice President Middle East and Caspian, Communications and Advocacy, outlines bp’s newly-announced strategy and what it means for Azerbaijan We all saw…

Record High U.S. Crude Inventories Threaten Oil Rally

Anyone connected or exposed to the dynamics of the oil price must be wondering if the recovery in the oil price is sustainable and, indeed,…

KazMunayGas, BP to Conduct Joint Exploration in Kazakhstan

KazMunayGas (KMG) and British BP have identified subsoil plots and plan to get a contract for exploration and production of hydrocarbons in Kazakhstan, Dastan Abdulgafarov,…

BP Sells Global Petrochemical Business In $5 Billion Deal

As part of its plan to reinvent itself through the energy transition, BP has agreed to sell its global petrochemicals business to UK’s Ineos for…

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