BP reviewing US project
BP is reviewing its biggest new oil project in the Gulf of Mexico and could delay the £6.6billion scheme.
BP-News
BP could delay major oil project
BP said yesterday it could delay a major oil project in the Gulf of Mexico because rising costs made it difficult to justify development.
VOS wins BP contract
Aberdeen-based Vroon Offshore Services (VOS) said yesterday it had signed a contract with BP to support the oil giant’s UK operations.
North Star hails £63m five-year deal with BP
North Star Shipping, a division of Aberdeen-based Craig Group, said yesterday it had been awarded a £63million contract with energy giant BP.
BP attack tribute
BP bosses and shareholders paid tribute yesterday to the workers killed in an al Qaida-linked terrorist attack at its gas plant in Algeria.
BP windfarm operation up for sale
Energy giant BP has put its US windfarm operation up for sale, marking the continued retreat of big oil firms from renewable-energy investments while hydrocarbon projects offer them better returns.
Strathclyde’s Team Hydra wins BP’s Ultimate Field Trip challenge
Team Hydra is the winner of the Ultimate Field Trip 2013 competition, the UK's leading science, technology, engineering and maths (STEM) talent discovery event.
Faroe Petroleum shares rise, BP among fallers
World markets made cautious gains today as Cypriot banks reopened for the first time in nearly two weeks amid relative calm.
BP move could open door to third phase west of Shetland
Britain's oil and gas industry could stretch long into the second half of this century after oil giant BP announced further exploration west of Shetland.
BP among Footsie risers, Petrofac fall
Hopes of an imminent bailout deal for debt-laden Cyprus steadied losses on world markets today as the country said it was just hours away from agreeing a solution.
Performance measures hit BP chief’s salary
BP boss Bob Dudley's pay fell by a fifth last year because of performance measures set over a three-year period that began in 2010 – the year of the Gulf of Mexico oil spill.
BP teaming with Maersk to crack deepwater rigs challenge
BP and Maersk Drilling have agreed to collaborate on developing conceptual engineering designs for a new breed of advanced technology offshore drilling rig that is expected to "unlock the next frontier of deepwater oil and gas resources".
BP gets behind schools’ scheme
A BP-backed scheme being piloted in the north-east aims to encourage more young people to choose a career in oil and gas.
Oil expert claims BP ignored safety plan
BP failed to implement a new safety plan on the Deepwater Horizon rig, even though it realised a blowout in the Gulf of Mexico was its greatest danger, a court heard yesterday.
BP ‘put speed over safety on Gulf rig’
Oil giant BP has been accused of putting speed before safety in the run-up to the Gulf of Mexico rig disaster because it was massively over budget on the project.
BP faces final bill for Gulf blast disaster
The US government and America’s Gulf Coast states are reported to be considering offering BP a deal under which it pays £10.5billion to settle civil suits stemming from the deadly 2010 Deepwater Horizon explosion and oil spill in the Gulf of Mexico.
BP signs 10-year Albert Quay contract extension
BP will have a base at Aberdeen harbour for at least another decade after agreeing a £25million deal with the port authority.
BP award for PD&MS
Aberdeen-based oil and gas engineering firm PD&MS has picked up a contract with BP understood to be worth about £10million.
BP oilspill fine ‘might be reduced’
Oil major BP could face a reduced fine over the oil spilled following the Deepwater Horizon disaster.
BP and Shell among Footsie fallers
London's top flight index hit it highest level in almost five years today as the Bank of England signalled that interest rates will remain at emergency levels for years to come.
Oceaneering wins £29m BP Quad 204 power deal
Energy giant BP has agreed another multimillion-pound contract for one of its major oil and gas projects west of Shetland as it pushes forward with its plans for the region.
Bibby hails deal with BP
Offshore support business Bibby Ship Management said yesterday it had won a £100million North Sea contract with oil and gas giant BP.
BP and Shell shares both fall
London's blue chip share index made further gains today as it continued its return to form after Monday's 100-point slump.
BP profits down as recovery from US disaster continues
Oil giant BP said yesterday its profits were down by one-fifth last year after its sale of assets progressed ahead of schedule.
BP’s latest results cheer Footsie investors
A bigger-than-expected profits haul from oil giant BP helped the FTSE 100 Index regain its poise today, while signs of a pickup in the economy also boosted sentiment.