Post Tagged with: "BP"

$18.7 Billion Gulf of Mexico Settlement the Largest in History, Oil & Gas or Otherwise

$18.7 Billion Gulf of Mexico Settlement the Largest in History, Oil & Gas or Otherwise

BP will pay its record setting settlement over the course of the next 18 years

BP (ticker: BP) will pay $18.7 billion in settlements to the U.S. and the five states along the Gulf of Mexico to resolve the Deepwater …

BP, Anadarko Could Pay Up to $4,300 per Barrel for GOM Spill

BP, Anadarko Could Pay Up to $4,300 per Barrel for GOM Spill

The Supreme Court has decided not to hear the case for BP and Anadarko, upholding lower court’s liability decision

Appeals by BP (ticker: BP) and Anadarko Petroleum (ticker: APC) will not be heard by the Supreme Court, meaning the decision …

Source: Rosneft Komsomolsk Refinery

Over $1 Billion in Deals coming out of Forum in Russia

Attendance at this year’s St. Petersburg International Economic Forum (SPIEF) is up from a year ago when many Western companies decided to decline invitations in the wake of Russia’s involvement in Ukraine. This year, many American companies have decided to …

June 19, 2015 - 4:59 pm International, Midstream, Oil and Gas 360 Articles, Popular
Source: Gazprom St Petersburg International Economic Forum

Russia Continues to Attract Western Oil Majors Despite Sanctions

“Political differences do not strongly affect serious business”:  European majors eye slate of upcoming opportunities

Attendance at Russia’s St. Petersburg International Economic Forum is up from last year after many Western companies decided to back out of last year’s conference …

BP Says U.S. Becomes World’s Top Hydrocarbon Producer

BP Says U.S. Becomes World’s Top Hydrocarbon Producer

The shifting landscape of global energy

2014 marked the beginning of a new era in the oil and gas industry, said Bob Dudley, Group Chief Executive for BP’s (ticker: BP) 2015 Statistical Review of World Energy. Price volatility is …

June 11, 2015 - 4:47 pm Commodity Pricing, Oil and Gas 360 Articles
Halliburton, Transocean Reach Resolution with BP

Halliburton, Transocean Reach Resolution with BP

Companies Hope to Strengthen Relationship

On May 20, 2015, Halliburton (ticker: HAL) and BP plc (ticker: BP) announced a mutual agreement to resolve remaining issues relating to charges and indemnities from the Deepwater Horizon disaster. The incident occurred 61 months …

BP Finalizes $12 Billion Offshore Investment in Egypt

BP Finalizes $12 Billion Offshore Investment in Egypt

BP signed the final agreements for its West Nile Delta project last week

BP plc (ticker: BP) last week announced that the company signed its final agreements on the West Nile Delta (WND) project. The WND has the potential for …

BP Energy Outlook: United States “Likely” to be Self-Sufficient in Oil by 2030s

BP Energy Outlook: United States “Likely” to be Self-Sufficient in Oil by 2030s

BP Energy (ticker: BP) released its latest edition of the 2035 Energy Outlook on February 17, 2015, complete with supporting materials, a press release and a webcast. The landing page of the report can be accessed by clicking here.

BP …

Oil prices turned firmly lower during midday trading on Tuesday. Crude futures were little changed earlier in the session, depressed by a report of record Saudi production but supported by expectations that oil exporters would agree to cut output at an OPEC meeting next week. Oil & Gas 360

Oil, Gas Prices Fall Following Inventory Reports

Oil, Gas Prices Aside, the U.S. Economy, DJIA and Drillers Move Ahead

Oil prices inched lower this morning, with West Texas Intermediate (WTI) and Brent below $54 and $58, respectively. Crude oil inventories increased by 7.3 million barrels, according to …

December 29, 2014 - 4:49 pm Analytics, Commodity Pricing, Oil and Gas 360 Articles
BP, Husky Oil Sands JV Starts Operations

BP, Husky Oil Sands JV Starts Operations

Partners BP and Husky expect oil from Sunrise Energy Project by Q1 of next year

On December 11, Husky Energy (ticker: HSE) announced that it has commenced steam operations at its Sunrise Energy Project, a joint venture (JV) with BP …

December 15, 2014 - 3:57 pm Canada, Oil and Gas 360 Articles, Oil Sands
BP to Invest in Egypt

BP to Invest in Egypt

BP (ticker: BP) has released a statement saying that the company plans to expand its operations in Egypt with a $240 million investment in the country.

Last year, the Egyptian Natural Gas Holding Company (EGAS) auctioned off several blocks in …

December 9, 2014 - 6:48 pm International, Oil and Gas 360 Articles