Tag: BP

• Monday, September 24th 2018 - 09:15 UTC

  Petrobras plans to increase output 10% next year to some 2.3 million bpd

  

  Brazil’s state-run oil giant Petrobras aims to raise output as much as 10% to around 2.3 million barrels per day (bpd) in 2019 and cut net debt by US$10 billion, according to Chief Financial Officer Rafael Grisolia. The world’s most indebted oil company is on course to reduce debt to US$ 69 billion by the end of this year despite falling short of its US$ 21 billion asset sales target, Grisolia pointed out.

• Friday, August 31st 2018 - 08:22 UTC

  BP, Shell, Total to bid in Brazil's pre-salt auction

  

  Brazil’s oil regulator ANP has approved the applications of six companies—including Big Oil’s BP, Shell, and Total—to bid in next month’s oil auction of four blocks in the coveted pre-salt layer, ANP announced on Wednesday.

• Tuesday, June 26th 2018 - 08:35 UTC

  Latest member to join OPEC expects to raise oil production by 65%

  

  The Republic of Congo expects to raise oil production by as much 65% this year as two new projects come on stream, Hydrocarbons Minister Jean-Marc Thystere-Tchicaya said.

• Friday, July 2nd 2010 - 03:32 UTC

  BP Argentine assets on sale to pay for Gulf of Mexico spill; China interested

  

  China National Offshore Oil Corp., the country’s third-largest oil and gas company, declined to comment on reports it is holding talks to buy as much as 9 billion US dollars of BP Plc’s assets in South America.

• Tuesday, May 25th 2010 - 06:15 UTC

  US declares “fishery emergency” in the Gulf of Mexico because of BP oil spill

  

  United States Commerce Secretary Gary Locke on Monday declared a fishery disaster in the Gulf of Mexico because of the economic impact of the Deepwater Horizon oil spill on fisheries in the region.

• Tuesday, May 4th 2010 - 04:15 UTC

  Seafood Prices May Rocket Due to Louisiana Oil Slick; Ten Day Fishing Ban In

  

  United States officials have announced a ban on fishing for at least ten days in waters off Louisiana spanning to parts of the Florida panhandle as the oil slick from a leak spreads across the Gulf of Mexico. Rough weather conditions are complicating crews’ efforts to contain the oil slick.

• Saturday, May 1st 2010 - 08:08 UTC

  As BP Oil Spill Advances; Florida Declares State of Emergency

  

  State of Florida Governor Charlie Crist declared on Friday a state of emergency in coastal counties because of the threat from the oil spill in the Gulf of Mexico.

• Friday, April 30th 2010 - 05:35 UTC

  Out of Control Oil Spill Reaches Louisiana Coastline; BP Shares Plunge

  

  Oil started washing ashore on the US Gulf Coast from a leaking offshore well, the US Coast Guard reported. Up to 5,000 barrels of oil a day are thought to be spilling into the water after last week's explosion on a BP-operated rig (NYSE:BP), which then sank.

• Monday, April 26th 2010 - 05:40 UTC

  Huge Operation to Stop Oil Leaking from Gulf of Mexico Well Explosion

  

  Efforts were under way Sunday to contain and stop oil leaking from a BP well after a rig explosion in the Gulf of Mexico, the US Coast Guard said. Officials found oil was leaking Saturday from the well.

• Friday, April 23rd 2010 - 06:21 UTC

  Gulf of Mexico Rig Explodes and Sinks; 11 Workers Missing; Fears of Oil Leak

  

  An oil rig in the Gulf of Mexico that caught fire after an explosion on Tuesday night has now sunk, the US Coast Guard has said. A search is continuing for 11 missing workers after the blast at the Deepwater Horizon rig. The other workers on the rig, off Louisiana, were evacuated to the US.