BP Announces Plan to Sell its Global LPG Bottles and Tank Filling Business
BP announced that it intends to sell its LPG bottles and tank filling operations in Portugal, UK, Austria, Poland, Netherlands, Belgium, Turkey, China and South Africa, as well as its non refinery-integrated wholesale business.
BP to Increase Graduate Recruitment by 50 Per Cent in 2012 and to Give its Graduates the Unique Opportunity to Help Deliver the London 2012 Olympic and Paralympic Games
BP, one the UK’s leading graduate recruiters, announced today that it is increasing its annual UK graduate recruitment by 50 per cent, to nearly 250 graduates, in 2012.
BP Statement on U.S. District Court Ruling on Partial Summary Judgment Regarding Indemnity in Deepwater Horizon Accident
The ruling makes clear that contractors will be held accountable for their actions under the law. While all official investigations have concluded that Transocean played a causal role in the accident, the contractor has long...
BP Forecasts Robust Global Energy Demand to 2030 Despite Efficiency Gains
Global energy demand will continue to grow over the next twenty years, albeit at a slowing annual rate, fuelled by economic and population growth in non-OECD countries. Increased energy efficiency and strong growth for renewable...
BP Updates Gulf Restoration Activity in New TV Ad
National campaign provides progress report on Gulf recovery and restoration
BP, Skolkovo Foundation, Boreskov Institute and Imperial College London to Work Together on Energy Efficiency Research Programme
BP Russia and the Skolkovo Foundation are pleased to announce an agreement today to set up a major research collaboration with Russia’s Boreskov Institute of Catalysis, one of the world’s largest research centres, specialising in...
BP Launches Five Year Investment in Technology, Education and Cultural Programmes
BP announced today the launch of a new corporate social responsibility (CSR) programme in Russia, one of the biggest of its kind undertaken by a foreign company.
BP Grows Deepwater Exploration Portfolio with Major Win of Angola Acreage
BP today confirmed that it has gained access to five more deepwater exploration and production blocks offshore Angola. These give BP a leading position in Angola, with interests in nine blocks accounting for a total acreage of...
BP and Leading UK Cultural Institutions Extend Partnerships with £10 Million Sponsorship
Four of the UK’s major cultural institutions - the British Museum, the National Portrait Gallery, the Royal Opera House, and Tate Britain - today announced the renewal and extension of their long-standing partnerships with BP.
BP Announces Settlement with Cameron International Corporation of Claims Related to the Deepwater Horizon Accident
BP today announced that it has reached agreement with Cameron International Corporation (“Cameron”), the designer and manufacturer of the Deepwater Horizon blowout preventer, to settle all claims between the companies related to...
BP Announces Settlement with Cameron International Corporation of Claims Related to the Deepwater Horizon Accident
BP announced that it has reached agreement with Cameron International Corporation (“Cameron”), the designer and manufacturer of the Deepwater Horizon blowout preventer, to settle all claims between the companies related to the...
BP Agrees to Sell Canadian Natural Gas Liquids Business to Plains Midstream Canada
BP announced today that it has agreed to sell its Canadian natural gas liquids (NGL) business to Plains Midstream Canada ULC (Plains Midstream), a wholly-owned subsidiary of Plains All American Pipeline, L.P. (NYSE:PAA). Plains...
BP Awarded Two Exploration Blocks in Indonesia
BP confirmed today that it has been awarded two oil and gas production sharing contracts (PSCs) by the Government of Indonesia. The company has been awarded 100 per cent interests in the offshore West Aru I and II PSCs in the...
BP Agrees to Sell Pompano and Mica Assets to Stone Energy Offshore
BP (NYSE: BP) announced today that it has agreed to sell its interests in the Pompano and Mica fields in the deepwater Gulf of Mexico to Stone Energy Offshore, LLC, a subsidiary of Stone Energy Corp (NYSE: SGY).
Federal On-Scene Coordinator Approves Gulf Coast Shoreline Clean-Up Completion Plan Milestone Paves Way for Restoration Work
After 18 months of sustained effort to clean the shoreline of the Gulf of Mexico following the Deepwater Horizon accident, the U.S. Coast Guard’s federal on-scene coordinator (FOSC) has approved the shoreline clean-up completion...
Statement Regarding Sale of BP’s Interest in Pan-American Energy to Bridas Corporation
BP received from Bridas Corporation a notice of termination of the agreement for their purchase of BP's 60 per cent interest in Pan American Energy LLC (PAE). As a result of Bridas Corporation’s decision and action, the share...
BP Announces Settlement with Anadarko Petroleum Company of Claims Related to Deepwater Horizon Accident
BP today announced that it has reached agreement with Anadarko Petroleum Company ("Anadarko") to settle all claims between the companies related to the Deepwater Horizon accident.
BP and Partners Investing £10 Billion in UK Oil and Gas Projects
BP and its partners are developing four new oil and gas projects that together will involve a total investment of almost £10 billion in the UK’s oil industry over the next five years and help to maintain BP’s production from the...
London 2012 Spectators Invited to Set New Carbon Offset World Record
Team GB Olympic and Paralympic hopefuls lead call for Britons to neutralise their travel carbon footprint to the games
BP to Expand Activities in Biofuels, Buying Out Remaining Shares in Brazil’s Tropical Bioenergia S.A.
BP announced that it has agreed to increase its share in Brazilian biofuel company Tropical BioEnergia S.A. to 100 per cent, by acquiring the remaining 50 per cent of the company from its current joint venture partners for a...
BP Announces Acquisition of Additional Shares in Brazilian Sugar and Ethanol Producer CNAA
BP has agreed to acquire an additional 3 per cent share of Brazilian sugar and ethanol producer Companhia Nacional de Açúcar e Álcool (CNAA) from LDC Bioenergia S.A. for a price of approximately US$25 million.
BP Completes Sale of Five Southern African Marketing Businesses to Puma Energy
BP has now completed the sale to Puma Energy of its fuels marketing businesses in Namibia, Botswana, Zambia, Malawi and Tanzania. The sale of the final business in Tanzania completed on September 1.
BP Announces Significant Resource Extension of Mad Dog Field in Gulf Of Mexico
BP has announced the drilling of a successful appraisal well in a previously untested northern segment of the Mad Dog field in the US Gulf of Mexico.
BP and Co-Venturers Approve Development of Kinnoull Field
BP to invest up to £700 million to progress a project to develop the Kinnoull reservoir in the central North Sea.
BP Responds to Halliburton Lawsuit
BP is aware of the claims filed against the company by Halliburton. The company is now reviewing the contents of the claims and until this is complete cannot comment in detail.