Oil giant BP has warned it will take a hit of up to $5bn in the final quarter of 2025, primarily due to lowering the value of its green energy projects. The FTSE 100 firm said it expects a write-down ...

Oil firm seeks to reduce stake in carbon capture and storage projects in north-east of England after schemes fail to win over shareholders BP plans to sell stakes in two flagship carbon capture and ...

BP p.l.c. ‘s (NYSE:BP) bp Trinidad and Tobago (bpTT) disclosed on Thursday that it successfully commenced gas production from its Cypre development. The Cypre gas field lies 78 km off Trinidad’s ...

As a Whiting resident, Lisa Vallee is happy to no longer worry about BP’s proposed carbon sequestration project. “It seems, on the surface, like it’s such a great idea,” said Vallee, who is also the ...

BP weighing sales of up to 50% each in Kaskida and Tiber, source Both projects considered BP's top prospects in the region Energy majors, Gulf operators likely partners, industry exec March 25 ...

BP said on Thursday that its Cypre development offshore Trinidad and Tobago delivered first gas, as yet another project started up since the supermajor reset its strategy to shift focus back to oil ...

BP reported a stronger-than-expected net profit for the second quarter, beating analyst expectations. The energy firm announced a 10% increase to its dividend and hiked its share buyback program to ...

BP plc BP, the UK-based energy major, has approved the development of the Ginger natural gas project offshore Trinidad and Tobago. This is one of the 10 major upstream projects that the company aims ...

Environmentalists have sued to reverse the Trump administration’s approval of BP's (BP) $5B Kaskida ultra-deepwater drilling project in the Gulf of Mexico, alleging the proposed project threatens the ...

bp has let a contract to Saipem for the Northern Endurance Partnership (NEP) and Net Zero Teesside Power (NZT Power) carbon capture and storage (CCS) projects in the East Coast Cluster (ECC) in the ...