BP | Egypt Oil & Gas - Part 35
BP Ranks Iran Over Russia in Gas, but Still Needs $100 Bn Investments
Iran says it needs $100 billion of investment in its gas industry as updated BP data put the energy superpower’s reserves above those of Russia as the world’s largest.
US Overtakes Russia as Biggest Oil, Natural Gas Producer
The U.S. has taken Russia’s crown as the biggest oil and natural-gas producer in a demonstration of the seismic shifts in the world energy landscape emanating from America’s shale fields.
Oil Prices to Remain Low Until 2016: BP Chief
The chief executive of BP expects oil prices to remain low until at least 2016 as production grows faster than demand.
Shell CEO Proclaims Iran a Wonderful Country with Fantastic Resources
European oil majors are for the first time openly declaring interest in Iran in anticipation of a possible end to sanctions against the country over its nuclear program.
BP to Pay $39m of Dana Gas’s Exploration Costs in Egypt
Dana Gas has signed an agreement for BP to pay for part of its exploration costs in the El Matriya onshore concession area in Egypt. After Deepwater Horizon Disaster, BP’s Strategy Shits to the East
As 2011 dawned, BP was desperate to turn the page. For nine months, the crisis-stricken oil major had been weathering the US fallout from the Deepwater Horizon disaster, which killed 11 workers and caused the largest ...
European Oil Companies to Develop Strategy on Climate Change
Europe's largest oil companies are banding together to forge a joint strategy on climate change policy, alarmed they'll be ignored as the world works toward a historic deal limiting greenhouse gases.
BP Scaling Back Iraq Operations as Government Payments Become Uncertain
BP has cut its development budget for Iraq's giant Rumaila oilfield by $1 billion this year after the government warned a slump in crude prices and its battle against Islamic State was making it difficult to pay oil ...
