Billionaires agree £205m deal with BP
Oil giant BP has moved closer to tying up a deal with Russian firm Rosneft after its current partners in the country dropped their opposition to the agreement yesterday.
Oil giant BP has moved closer to tying up a deal with Russian firm Rosneft after its current partners in the country dropped their opposition to the agreement yesterday.
BP has agreed to share the technical information it used to build its global deepwater well-capping equipment with Pemex of Mexico.
A former BP boss in Aberdeen has been appointed as its regional head in Azerbaijan, Georgia and Turkey (AGT).
The FTSE 100 Index powered nearly 1% higher today as hefty gains from oil giant BP helped it overcome a second day of trading being suspended in storm-ravaged New York.
The London market struggled to find direction today after markets on Wall Street were shut due to fears over the impact of Hurricane Sandy.
Aberdeen company Hydrasun is to increase its workforce after landing multimillion-pound international deals with oil giant BP.
BP is to take a near-20% stake in what will become the world's largest publicly listed oil producer as part of a £16.7billion deal.
A consortium of Russian billionaires has reportedly agreed to sell its stake in a joint venture with UK oil giant BP.
A refinery where 15 people were killed in an explosion in 2005 is to be sold by BP after the oil giant agreed a £1.5billion deal.
The FTSE 100 Index closed two points lower at 5852.6 today as volatile trading and eurozone worries rattled investor confidence.
Energy giant BP said there had been a gas leak on the Ula field operated by the company in the Norwegian North Sea.
BP is reportedly in talks to sell its 400,780 barrels per day (bpd) Texas City, Texas, refinery to Marathon Petroleum. It is though the plant's sale could fetch up to £1.5billion.
Energy giant BP said yesterday that there had been a gas leak on the Ula field operated by the company in the Norwegian North Sea.
BP has said it is to sell a stake in a Norwegian Sea field to Shell in a cash deal valued at £149million.
Energy giant BP said yesterday technology it had worked on for 10 years could yield an extra 42million barrels of oil at a huge field west of Shetland.
A slump for oil giant BP amid fears it will be unable to secure an out-of-court settlement with the US government over the Gulf of Mexico disaster dragged the London market lower today.
Oil giant BP is making a fresh £100million investment in UK waters as part of its focus on operating big fields with growth potential, we can reveal today.
In 1985, BP's North Sea regional president Trevor Garlick started his first job with the energy firm; in Norway out of Stavanger.
The board of the Scottish Council for Development and Industry (SCDI) met in Aberdeen yesterday to discuss how to prioritise investment for the city's energy industry.
Hopes of a plan to tackle the eurozone debt crisis buoyed stock markets today as banks and miners made strong gains.
ITF said yesterday its annual technology showcase promised to be bigger and better as it brings together operators and innovators to discuss the latest challenges in the industry.
Resurgent oil and mining stocks helped push the FTSE 100 Index 32.5 points higher to 5,841.2 today.
Just over 10 years ago, French independent Perenco was a relatively new player in the oil and gas industry with not a single asset in the North Sea.
Valiant Petroleum said today it has taken on former BP executive and Silverstone Energy co-founder Stephen Horton.
BP's North Sea operations saw a rise in production in the second quarter, bucking a fall across the wider group, the oil major revealed yesterday.