Latest news
Daily (02.03.2018): NBP spot gas price hiked by over 125% on Thursday due to freezing weather and high demand
A retreating stock market and fears about rising U.S. crude output contributed to a fall in oil prices on Thursday to two-week lows. Brent crude declined by 3% to end at $63.83 a barrel. WTI futures dropped by 1.1% to close at $60.99 a barrel.
read more... 02/03/2018
BP: Electric vehicles will reduce oil consumption
The development of self-driving electric cars and travel sharing might reduce oil usage by 2040, as declared by oil and gas giant BP, which also predicted a peak in demand for the first time.
read more... 22/02/2018
SGC project is being implemented before the plan
The Southern Gas Corridor (SGC) project is going to be implemented ahead of schedule, as stated today during a press conference in Baku by the Regional President of BP for Azerbaijan, Georgia and Turkey Gary Jones.
read more... 16/02/2018
British Petroleum launches gas production offshore Egypt
BP started gas production from the Atoll Phase One project, offshore Egypt, company representatives announced.
read more... 13/02/2018
BP will invest $200 million in solar development firm Co. Lightsource
Oil producer British Petroleum (BP) will make an investment of $200 million in Europe’s major solar development company, Lightsource, as stated by BP on Friday.
read more... 18/12/2017