TotalEnergies (TTE) also plays a strong role as a global LNG producer and has a strong presence in low-cost, high-margin oil fields in Africa. - For BP, there is one very strong asset, the Gulf of ...

The Justice Department and five states on Monday announced a $20 billion final settlement of claims arising from the 2010 Deepwater Horizon oil spill in the Gulf of Mexico. BP has reached an $18.7 ...

Offshore drilling is a direct result of the growing global appetite for oil and gas. At present, ecosystems in the Gulf of Mexico are being exposed to an oil spill larger in magnitude and scope ...

Digital twin is a key part of how bp safely and efficiently operates in the Gulf of Mexico bp is using technology to drive innovation in its Gulf of Mexico operations, with safety and efficiency top ...

British oil major BP is cutting 5 percent of its workforce. The job reductions are part of a cost-cutting plan that began in October 2024. The job cuts align with a renewed emphasis on bolstering ...

BP Warns of Lower Oil, Gas Output in Q4 Update BP p.l.c. (NYSE:BP) shares fell premarket on Tuesday after the company updated fourth-quarter guidance. The company expects upstream production to ...

Elliott Investment Management has built a significant stake in BP Plc, according to people familiar with the matter, as the British oil major struggles to win back investor confidence and reverse ...

Weak oil trading and declining refining margins are expected to lower the fourth-quarter earnings at BP, the UK-based supermajor said on Tuesday, joining other international giants in flagging ...

The company had posted a net profit of Rs 61.98 crore in Q2FY20, according to a Gulf Oil release on Saturday. In an interview to CNBC-TV18, Ravi Chawla, MD of Gulf Oil Lubricants India spoke about ...

BAGHDAD (Reuters) -Oil major BP is expected to spend up to $25 billion over the lifetime of a project to redevelop four Kirkuk oil and gas fields, a senior Iraqi oil official told Reuters ...

BP (NYSE:BP) and Iraq's government will sign a major deal covering four Kirkuk oil and gas fields by the first week of February, which would be larger than a 2023 deal with TotalEnergies valued at ...