Post Tagged with: "Ticker: BP"

Source: Rosneft

BP and Rosneft Expand Natural Gas Cooperation

A new MoU between BP and Rosneft will see more Russian natural gas flowing to Europe

BP (ticker: BP) and Russian oil giant Rosneft signed a Memorandum of Understanding (MoU) in St. Petersburg Friday to bring a new stream of …

BP CEO Sees Market Balance

BP CEO Sees Market Balance

Markets are essentially balanced, but it may not become apparent until stocks drain

After two years of low oil prices caused by global oversupply, markets have found balance, according to BP (ticker: BP) CEO Bob Dudley.

“The oil market is …

BP Deepens Shale Ties with China

BP Deepens Shale Ties with China

BP signs second shale gas production sharing contract with China National Petroleum Corporation

International oil major BP (ticker: BP) said Thursday that the company has signed its second shale gas production sharing contract with China National Petroleum Corp (CNPC). The …

BP More Bullish for Oil in Q2 Call

BP More Bullish for Oil in Q2 Call

BP sees market balance in the second half of the year, oil at $50-$60 in 2017

BP (ticker: BP) released its second quarter earnings today, reporting the third consecutive loss as the international oil major continues to struggle with low …

Value of Norway’s Oil and Gas Fields Down 34%

Value of Norway’s Oil and Gas Fields Down 34%

Natural gas “is the single most important driver” in the $50 billion decline in the value of Norway’s oil and gas assets

Low oil and gas prices have hit Norway hard, according to the country’s government. The value of Norway’s …

BP’s $1.3 Billion Norway Spinoff Results in Europe’s Largest Independent E&P

BP’s $1.3 Billion Norway Spinoff Results in Europe’s Largest Independent E&P

BP mergers Norway assets Det Norske for $1.3 billion

London-based BP (ticker: BP) announced that it will spin off its Norwegian oil and gas fields, combining them in a new, publicly traded company with Norwegian firm Det Norske Oljeselskap ASA. …

State of Colorado May Owe Oil and Gas Companies Hundreds of Millions of Dollars

State of Colorado May Owe Oil and Gas Companies Hundreds of Millions of Dollars

Colorado Supreme Court decision finds in favor of BP with reversal of lower court decision on a severance tax deduction

A decision from the Colorado Supreme Court could entitle a number of oil and gas companies to significant tax refunds …

The U.K. Awards Nearly 70 Licenses to Explore Shale

The U.K. Awards Nearly 70 Licenses to Explore Shale

New laws allow for exploration and hydraulic fracturing under national parks

The United Kingdom’s Oil and Gas Authority awarded 93 new licenses to explore for oil and gas last week. Around 75% of those exploration licenses relate to shale oil …

Trans-Alaska oil pipeline

Alaska Looks to Buy Out TransCanada’s Share of Alaska LNG for $68 Million

All parties seem to agree, but holdup remains

The state of Alaska plans to buy out TransCanada’s (ticker: TRP) share of the Alaska LNG project. Both Alaska Governor Bill Walker and TransCanada have agreed to the deal, according to Alaska

November 2, 2015 - 6:36 pm LNG, Oil and Gas 360 Articles
Kinder Morgan Acquires Interests in 15 BP plc Terminals for $350 Million

Kinder Morgan Acquires Interests in 15 BP plc Terminals for $350 Million

Kinder Morgan (ticker: KMI), the largest energy infrastructure company in North America, is adding to its footprint.

On October 20, 2015, KMI announced a joint venture agreement with a subsidiary of BP plc (ticker: BP) for 15 terminals at a …

New Pipeline will Triple Azerbaijan’s NatGas Piped to Europe, Avoiding Russia

New Pipeline will Triple Azerbaijan’s NatGas Piped to Europe, Avoiding Russia

303 mile pipeline expansion in Azerbaijan is the first leg of a 1,993 mile journey to southern Europe

Construction or preliminary work has begun on three pipelines designed to flow natural gas supplies from Azerbaijan to consumers in Turkey, Bulgaria, …

October 14, 2015 - 12:29 pm International, Midstream, Oil and Gas 360 Articles
Dana Gas Iraq Operations

Red Flag: Iraq Warns Oil Companies it Intends to Cut Spending due to Oil Revenue Drop

Iraq tells oil companies to submit conservative funding requests for 2016

A letter dated September 6, 2015, from the Iraq Oil Ministry was sent out to international oil companies operating inside the country notifying them that they should plan to …