BP | Egypt Oil & Gas - Part 11

BP, Mercedes-Benz Test First Digital Fuel Payment for Trucks in UK

BP along with Mercedes-Benz Trucks have successfully conducted trials for the first digital fuel payment system for trucks in the UK being run on Wren Kitchen trucks.

BP Invests $270 million in Three Major Projects at Cherry Point Refinery

BP revealed a plan to invest $269 million in three projects at Cherry Point Refinery in Washington in order to enhance the refinery’s efficiency, minimize its carbon dioxide (CO2) emissions, and boost its renewabl ...

LUKOIL Joins SWAP Exploration Project in Azerbaijan

LUKOIL signs Agreement to acquire 25% in the Shallow Water Absheron Peninsula (SWAP) exploration project in the Azerbaijan Sector of the Caspian Sea from BP.

BP, NYK Line Sign MoU to Help Decarbonize Shipping, Heavy Industry

BP company announced that it has signed a memorandum of understanding (MoU) with NYK Line to collaborate on solutions to help decarbonize industrial sectors including shipping.

BP Studies to Produce Hydrogen from Western Australia Refinery

BP company announced that it is conducting a joint feasibility study with Macquire Group to produce green hydrogen from the oil giant's former refinery site near Perth in Western Australia.

Oman Establishes National Alliance to Support Clean Hydrogen Deployment

The Oman’s Ministry of Energy and Minerals (MEM) announced that it is establishing a national hydrogen alliance under the name of Hy-Fly to support the development and deployment of clean hydrogen in Oman.

BP to Pay $29.3 M No-Drill Fee to Gambia

BP has agreed to pay $29.3 million for outstanding commitment to drill an exploration well in the offshore A1 block in the West Africa.

Gevo to Sell Natural Gas to Canada’s BP

Gevo Company announced that it has signed an agreement with BP company to sell its production from its wholly-owned dairy manure renewable natural gas (RNG) project company.

BP Raises Dividend, Announces Buyback Program

Net debt dropped to $32.7 billion. BP declared it would start a $1.4 billion payback from its H1 surplus cash flow.

BP Commences Production from the East South Flank of Azeri Shah Deniz field

BP has started production from the East South flank of Shah Deniz 2 gas field in Azerbaijan, and adding an extra 400 million standard cubic feet of gas per day (mmscf/d) to the initial production.

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