Production has started from an expansion of BP's deepwater offshore platform Thunder Horse. Thunder Horse has the capacity to process 250,000 barrels of oil and 200 million cubic feet of natural gas ...

By bne IntelliNews BP (BP) said last week that it had achieved first oil from the Atlantis Drill Center 1 expansion project ...

LONDON (Reuters) -BP is considering selling a minority stake in its offshore wind business, according to four sources with knowledge of the matter, the latest effort by CEO Murray Auchincloss to scale ...

BP plc BP, the British oil and gas giant, continues to scale down the expansion of its renewables business, bringing its focus back to fossil fuels. According to sources familiar with the matter, the ...

LONDON, Feb 16 (Reuters) - BP (BP.L), opens new tab is set to hire over 100 employees to its offshore wind division as the energy company rapidly expands its operations in the fast-growing sector ...

BP and JERA agreed to combine their global offshore wind portfolios, committing up to $5.8 billion in capital by 2030. BP PLC and JERA Co. Inc. have agreed to form a joint venture (JV) combining their ...

BP plc BP, the UK-based energy major, has approved the development of the Ginger natural gas project offshore Trinidad and Tobago. This is one of the 10 major upstream projects that the company aims ...

BP‘s new CEO Murray Auchincloss has imposed a hiring freeze and paused new offshore wind projects as he places a renewed emphasis on oil and gas amid investor discontent over its energy transition ...

bp plc agreed to spin off its offshore-wind business through a deal with JERA Co. Inc. to form a new joint venture company to be called JERA Nex bp. The 50-50 JV was created with the aim of advancing ...

Call it a $1 billion mistake. BP said Tuesday it wrote down the value of its U.S. offshore wind business by $1.1 billion last year, cementing a strategic shift for the British petroleum giant as it ...

India is seeking more than $30 billion in compensation from Reliance Industries and BP (BP) in an arbitration case for gas it ...

BP has decided to merge all its offshore wind business into a new joint venture with Japan’s energy firm JERA, to which the companies will provide up to $5.8 billion for investments by 2030, the ...