BP is moving forward with plans to develop an offshore drilling project in the Gulf of Mexico worth $5 billion. The new platform will develop the Tiber and Guadalupe fields, which combined are ...

BP Plc (NYSE: BP) approved a $5 billion oil and gas project in the Gulf of America, reinforcing its commitment to the offshore basin as a driver of future growth. The Tiber-Guadalupe development is ...

The company now sees global oil demand peaking in the mid-2030s instead of before 2030. BP: declines are coming only gradually, driven by efficiency gains and EV adoption but offset by petrochemicals.

HOUSTON, Sept 29 (Reuters) - British energy major BP (BP.L), opens new tab will go ahead with developing a $5 billion offshore drilling project in the U.S. Gulf of Mexico, it said on Monday, ...

BP approved the Tiber-Guadalupe oil project in the Gulf of America, which involves installing a new production platform with a capacity of 80,000 bpd. BP PLC has announced a positive FID (final ...

LONDON, Oct 1 (Reuters) - New BP (BP.L), opens new tab Chair Albert Manifold told employees on Tuesday that the group's portfolio was "overly complex" and it needed to execute its strategy of shifting ...

If you are staring at BP’s stock price and wondering whether now is the time to buy, hold, or move on, you are certainly not alone. The past few weeks have given investors plenty to think about. After ...

UK supermajor BP will seek a partner for its giant Bumerangue deepwater oil discovery offshore Brazil, Reuters reported, citing the company’s country head. BP Brazil president Andres Guevara told an ...

BP Plc reached a final investment decision on the $5 billion Tiber-Guadalupe project off the US Gulf coast, a major step in the energy giant’s drive to refocus its business on oil and gas. The ...

British energy major bp is aiming to ramp up its investments in India’s energy sector, with a focus on natural gas, renewable energy (RE), and efficiency technologies. The company will earmark capex ...

Not only are some of the world's top oil-and-gas companies pulling away from renewables and embracing fossil fuels even more, but they're also doubling down by making major plays in the crude-rich ...