Latest news
BP: investment of $12 billion in Egypt over 5 years, expand gas supplies
British oil giant BP intends to make an investment over $12 billion in Egypt over the next five years, and to double its gas supplies to the domestic market in the next decade, as stated by the country director of BP Egypt on Tuesday.
read more... 10/12/2014
BP to invest $240 million in two Egyptian exploration blocks
The oil giant BP Egypt, alongside its partners, is envisaging investing $240 million in two new exploration blocks, Block 3 and Block 8, in Egypt.
read more... 12/11/2014
Shah Deniz II initial gas supplies to Europe in the first quarter of 2020
Europe will receive the first gas from Azerbaijan's Shah Deniz II project in the first quarter of 2020, as stated by BP spokesman on Friday.
read more... 10/11/2014
BP to resume North Sea gas field half-possessed by Iran
BP will resume the Rhum gas field in the UK North Sea, half-possessed by Iran's National Oil Company, four years after the field was closed because of Western sanctions, as stated by a BP spokesman on Friday.
read more... 20/10/2014
UK and China sign a milestone LNG deal
China National Offshore Oil Corporation (CNOOC) signed on Tuesday a 20-year deal with London-based oil giant BP for liquefied natural gas (LNG) supply.
read more... 18/06/2014