Latest news
Daily (11.07.2017): British NBP spot price declined by 2.8% on Monday
Oil rose modestly on Monday, lifted by a healthy demand expected in the coming weeks. However, increased drilling activity in the US and uncertainty over Libyan and Nigerian production cuts clouded the future supply outlook. Brent crude rose by 0.36% to end at $46.88 a barrel, while the WTI price increased by 0.38% to $44.40 a barrel.
read more... 11/07/2017
BP: Global energy demand continued its sluggish growth
Global energy demand continued its slow increase last year as growth in Chinese consumption dropped to its lowest level in almost two decades, while renewables flourished, as stated by BP in a report on Tuesday.
read more... 15/06/2017
BP gives approval to $500 million gas project offshore Trinidad
BP has given the authorization for its $500 million Angelin offshore gas field development in Trinidad and Tobago to help counterbalance decreasing production in one of the company's major hubs.
read more... 05/06/2017
Oil industry firm BP started gas production at two Egypt fields
BP has initiated gas production at two fields - The Taurus and Libra fields - located in its West Nile Delta development offshore Egypt.
read more... 12/05/2017
BP and Kosmos Energy find an important gas reservoir offshore Senegal
BP and its partner Kosmos Energy have recently made an important discovery of a gas reservoir offshore Senegal, during drilling the Yakaar-1 exploration well. Yakaar-1 well is situated in the Cayar Offshore Profond block, approximately 95kms northwest of Dakar.
read more... 10/05/2017