Latest news
Oil Major Total Sees 10 Million Bpd Supply Gap In 2025
France's supermajor Total is warning that the world could find itself with a shortfall of supply of 10 million barrels per day (bpd) between now and 2025, due to continued underinvestment in the industry, the OPEC+ pact, and cracks in the U.S. shale business model.
read more... 11/02/2021
bp and EnBW selected as preferred bidders for 3GW offshore wind in Irish Sea
bp and German energy company Energie Baden-Wuerttemberg AG (EnBW), have been awarded two offshore wind farm leases in the Irish Sea, with a total capacity of 3GW.
read more... 09/02/2021
BP buys into 4.4 GW of Equinor's US offshore wind leases
Equinor ASA (NYSE:EQNR) has closed the sale of a 50% stake in up to 4.4 GW of offshore wind leases in US waters to UK oil and gas major BP Plc (LON:BP).
read more... 01/02/2021
Essar eyes hydrogen economy with GBP 750 million hub in UK
The group’s UK arm, Essar Oil, has tied up with Progressive Energy, an English company specialising in low-carbon energy projects, for setting up the hub at its Stanlow Refinery at Ellesmere Port in Chester
read more... 14/01/2021
U.S. says BP pays $24.4 mln but challenges natgas manipulation fine in court
The U.S. Federal Energy Regulatory Commission (FERC) alleged BP violated the Natural Gas Act by manipulating the next-day gas market at Houston Ship Channel from mid-September through Nov. 30, 2008.
read more... 07/01/2021