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A service for global professionals · Wednesday, April 30, 2025 · 808,092,145 Articles · 3+ Million Readers
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BP Energy News Monitoring

  • Published on 10:38 GMT

    Saudi shale gas predicted to cut crude burn, while BP heralds new West African LNG production hub

    Saudi Arabia currently burns significant volumes of oil to meet domestic electricity demand of around 171 TWh. However, the soon to be commissioned Jafurah shale gas field is expected to offset crude burn by 35,000 b/d in 2025, gradually increasing to …

    Source: Energy Knowledge - Energy Institute - Pending
  • Published on 08:10 GMT

    Middle East Crude-Benchmarks extend declines; Dubai, Murban at seven-week low

    Middle East crude benchmarks extended their downward trend on Tuesday, spot premiums for Dubai and Murban fell to their lowest in seven weeks. Sell-offs continued among investors who eyed rising supplies after reports of OPEC+ considering another output …

    Source: Hellenic Shipping News - Neutral
  • Published on 10:07 GMT

    BP reports 48% profit decline as strategy chief resigns

      BP reported a sharper-than-expected 48% fall in first-quarter net profit to $1.4 billion, driven by weaker gas trading and refining margins. The company also announced that its strategy and sustainability chief, Giulia Chierchia, will step down on June 1 …

    Source: The London Weekly - Pending
  • Published on 02:25 GMT

    Oil prices fall 2pc to 2-week low

    NEW YORK: Oil prices fell about 2% to a two-week low on Tuesday as investors braced for OPEC+ to boost output and worried US President Donald Trump’s tariffs would hit the global economy and slow demand for the fuel. Brent crude futures fell by $1.61, or 2 …

    Source: Business Recorder - Neutral
  • Published on 11:50 GMT

    BP Hires SBM Offshore to Install Kaskida FPU in Gulf of America

    Apr 30, 2025 Kaskida FPU (Credit: Exmar Offshore) SBM Offshore has signed a contract with BP for the wet tow and installation of the Kaskida semi-submersible Floating Production Unit (FPU) in the Gulf of America. The Kaskida field is a greenfield …

    Source: Offshore Engineer News - Neutral
  • Published on 07:01 GMT

    Baku-Tbilisi-Ceyhan pipeline has transported roughly 591 million tons of crude oil since its commissioning in June 2006 ...

    Approximately $6 billion in capital expenditures have been spent on activities for the Baku-Tbilisi-Ceyhan (BTC) project since its commissioning in June 2006 up until the end of 2024, BP's Vice President for the Caspian region, Bakhtiyar Aslanbayli, …

    Source: Commersant - Neutral
  • Published on 07:18 GMT

    Woodside and BP strike gas supply deal for freshly approved US LNG project

    Australia’s energy giant Woodside has signed an agreement with UK-headquartered major BP for the latter to supply gas to feed into its recently sanctioned liquefied natural gas (LNG) project in Louisiana. Rendering of Louisiana LNG; Source: Meg O'Neill …

    Source: Offshore Energy - Neutral
  • Published on 05:23 GMT

    Scientists Tally Oil Majors’ Climate Damage With Eye to Legal Liability

    (Bloomberg) -- Over the last decade, scientists have rapidly developed the field of climate attribution research, teasing out the role played by global warming in individual natural disasters. Meanwhile, their ways of tracking a single emitter’s influence …

    Source: Mint - Neutral
  • Published on 05:47 GMT

    BP renewables exec exits on back of 48% Q1 profit loss

    Oil and gas major BP (BP : LON) has posted a weaker-than-expected net profit, which was down 48% year-on-year - driven by a weak gas market as it progresses a company strategy reset to focus on forward-looking resilience. That 48% dip was attributable to …

    Source: Azzet - Pending
  • Published on 06:51 GMT

    Equinor Earnings Decline on Oil Trading Weakness, LNG Outage

    As a whole, Europe’s energy sector in the first quarter had to navigate a market buffeted by geopolitical risks, as well as warnings of a global oil glut and increased supply from OPEC+. BP Plc on Tuesday posted earnings well below expectations, while …

    Source: Financial Post - Center-right
  • Published on 11:50 GMT

    Woodside and BP Sign Gas Supply Deal for Louisiana LNG

    Apr 30, 2025 © Mike Mareen / Adobe Stock Woodside has signed an agreement with BP for the supply natural gas to the Louisiana LNG project. The agreement represents the first tranche of a diversified portfolio of feedgas that will support the Louisiana …

    Source: Offshore Engineer News - Neutral
  • Published on 05:21 GMT

    BP green strategy chief out as pivoting oil giant's profits plunge

    BP said another key executive who helped to mastermind its green push will leave the oil giant as it reported profits that almost halved in the first quarter. Giulia Chierchia, BP’s head of strategy, sustainability and ventures (SSV), will leave in June to …

    Source: Recharge - Pending
  • Published on 04:07 GMT

    Woodside Energy, Australia signs LNG deal with BP to supply Louisiana project

    Woodside Energy, a major Australian oil and natural gas company, announced on Wednesday that it had signed a deal with BP under which the British energy company would supply natural gases to its Louisiana liquefied gas project (LNG). Woodside, in a press …

    Source: World Energy News - Connecticut - Pending
  • Published on 10:54 GMT

    Woodside signs gas supply agreement with bp for Louisiana LNG project

    Woodside has entered an agreement with bp to supply gas to the Louisiana LNG project in Calcasieu Parish, US. The agreement represents the first portion of a diverse feed gas portfolio that will support the project, and leverages the project’s extensive …

    Source: Offshore Technology - Neutral
  • Published on 11:50 GMT

    Subsea7, SLB OneSubsea Get BP’s Job Offshore Trinidad and Tobago

    Subsea Integration Alliance, a partnership between Subsea7 and SLB OneSubsea, has secured engineering, procurement, construction, and installation (EPCI) contract by BP for the Ginger project offshore Trinidad and Tobago. For the Ginger EPCI project, …

    Source: Offshore Engineer News - Neutral
  • Published on 06:37 GMT

    Subsea 7, OneSubsea score work on BP’s gas project off Trinidad

    Subsea Integration Alliance members, Subsea 7 and SLB’s OneSubsea, have been awarded an engineering, procurement, construction, and installation contract for the Ginger project offshore Trinidad and Tobago by supermajor BP. The work on the project will be …

    Source: Splash 247 - Neutral
  • Published on 07:18 GMT

    Subsea7, SLB OneSubsea expand collaboration with BP to Trinidad and Tobago

    Subsea Integration Alliance, a strategic alliance between SLB OneSubsea and Subsea7, has secured an engineering, procurement, construction, and installation (EPCI) contract by BP for the Ginger natural gas project offshore Trinidad and Tobago. Source: …

    Source: Offshore Energy - Neutral
  • Published on 02:08 GMT

    BP boss could soon be over a barrel

    Much more of this and it’ll be time for another “fundamental reset”. BP’s latest one has been running for two months now. And look what a success it’s proving: a further miss on the profits front, a sharp slide in operating cash flow and net debt up …

    Source: The Times - Center-right
  • Published on 00:13 GMT

    Big Oil’s Profit Decline Signals a Broader Industry Shift

    Post-pandemic demand and the Ukraine invasion delivered windfall profits for oil and gas supermajors—but the rebound was short-lived. Falling prices, rising volatility, and accelerating clean energy investment have exposed structural weaknesses. To stay …

    Source: Oil Price - Neutral

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