British Petroleum (bp) has sold a $1.06 Bn stake in Norway’s Norwegian oil and gas producer Aker, according to a statement on November 5. The sale will reduce bp’s stake in Aker BP from 15.9% to 10.9%, leaving it with...
Egyptian Minister of Petroleum and Mineral Resources Karim Badawi has held talks with executives from Eni, bp, Baker Hughes, Halliburton and United Energy Group (UEG) on accelerating oil and gas field development, boo...
British energy major bp has completed the sale of a 65% stake in its industrial lubricants company, Castrol, to investment firm Stonepeak for $6 Bn in after-tax proceeds, the company said on November 2. bp will use th...
British Petroleum (bp) has reported underlying replacement cost profit of $8.5 Bn in the third quarter (Q3) of 2026, up from $5.7 Bn in the previous quarter, supported by higher refining margins and stronger gas and m...
British Petroleum (bp) has no intention of shying away from the Middle East, CEO Meg O’Neill told the Energy Intelligence conference in London on Monday. O’Neill added that bp is working with the...
Karim Badawi, Minister of Petroleum and Mineral Resources, met with senior bp officials to review the company’s exploration, drilling and production plans in Egypt, including a $700 million program targeting four well...
Baker Hughes has secured a contract from British Petroleum (bp) to provide offshore well stimulation and production enhancement services across bp’s UK North Sea operations, supporting both new well development and re...
British Petroleum (bp) has agreed to sell stakes in several exploration assets to Shell as part of its strategy to streamline its portfolio and strengthen capital allocation, bp said in a press release. Under the agre...
British Petroleum (bp) has appointed Ian Tyler as Chair of the company following an extensive search process, including both internal and external candidates. He will assume the role immediately, according to a press ...
British Petroleum (bp) has started production from the Fayoum-4 well in Egypt’s West Nile Delta, adding an estimated 80 million cubic feet per day (mmcf/d) of natural gas to the domestic market. The well’s production ...