Tag: British Petroleum

• Saturday, October 25th 2014 - 12:50 UTC

  BP and GDF Suez announce discovery of new field in UK Central North Sea

  

  Oil firms BP and GDF Suez have announced the discovery of a new field in the UK Central North Sea. The find, which spans adjacent blocks operated separately by the two companies, has been flow-tested at a maximum rate of 5,350 barrels per day.

• Friday, June 20th 2014 - 06:50 UTC

  Uruguay advances details of third oil and gas bid round Punta del Este basin

  

  Uruguay has released a draft map of four ultra-deepwater and seven shallow-water blocks in the Punta del Este-Atlantic basin that will be on offer in the country’s third oil and gas bid round next year, officials said in Moscow this week, according to the oil and gas site Upstream.

• Thursday, February 6th 2014 - 05:22 UTC

  BP warns of 'big uncertainties' over possibility of Scotland becoming independent

  

  Oil giant BP boss Bob Dudley has warned there are “big uncertainties” for the company over the possibility of Scotland becoming independent. Mr Dudley told the BBC the “question mark” over which currency Scotland might adopt if there was a 'yes' vote in September's referendum was “a concern”.

• Tuesday, July 16th 2013 - 20:10 UTC

  Total plans to spud first exploratory well in Uruguay’s continental shelf in 2015

  

  The French oil and gas company Total confirmed that at the beginning of 2015 it will spud its first exploratory well in deep waters of the Uruguayan continental shelf, according to Juan Gomez, one of directors from the country’s fuel company Ancap.

• Thursday, June 27th 2013 - 05:25 UTC

  Energy companies pull a Blackwater (*)

  

  By Daniel J. Graeber - Norwegian energy company Statoil said last week it was forming a special operations division to handle emergency operations in response to a terrorist attack on a natural gas facility in Algeria. The company said it would double the amount of employees it had designated for existing security operations after reviewing the measures in place at the In Amenas gas facility.

• Wednesday, November 28th 2012 - 18:55 UTC

  BP suspended from new contracts with US government

  

  British Petroleum has been temporarily suspended from new contracts with the US government, the Environmental Protection Agency (EPA) has said. While it is unclear how long the ban will last, it follows BP's record fine earlier this month over the 2010 oil spill in the Gulf of Mexico.

• Friday, August 3rd 2012 - 07:01 UTC

  Petrobras and BP discover oil in deep-water at the northeast basin off Ceara

  

  Brazil’s government controlled oil and gas corporation Petrobras and Britain’s BP announced the discovery of oil in a deep-water offshore well in a new area for exploration off Brazil's northeast coast, according to a securities filing on Thursday.

• Monday, June 18th 2012 - 03:18 UTC

  Frozen fuel prices make it difficult for Petrobras to engage in ambitious development program

  

  Brazil's state-led oil company Petrobras is likely to struggle to find the cash to pay the recently announced world's largest corporate investment program. The country needs money to pay hundreds of ships and dozens of oil fields, drill-rigs and platforms it wants in order to catapult Brazil into the ranks of the world's top-four oil producers by 2020.

• Tuesday, April 10th 2012 - 23:05 UTC

  Argentine Foreign ministry says BP not interested in developing Falklands’ oil

  

  British oil giant BP will not be involved in exploration or production activities in the Falkland Islands, according to the Argentine Foreign Affairs ministry which just a few days ago sent threatening letters to oil industry and financial corporations which could be working or assessing in the disputed South Atlantic waters.

• Wednesday, June 8th 2011 - 23:16 UTC

  Brazil, India, Russia increased global proven oil reserves by 0.5% in 2010 says BP

  

  Global proven oil reserves rose by 0.5% in 2010, boosted by increases in Brazil, India and Russia, according to British Petroleum. Deposits advanced to 1.3832 trillion barrels at the end of last year from a revised 1.3766 trillion in 2009, BP said in its annual Statistical Review of World Energy.