The ESG investment trend in private equity remains strong in 2022. PE Investors are concerned about the long term profitability of oil and gas portfolios. As oil and gas prices soared over the past year, […]
BP Plc is seeking to get rid of its oil assets in Mexico amid a shift in its business strategy toward renewable energy and a challenging political climate in the energy sector in the country. […]
Oil and gas company Jadestone has agreed to acquire BP’s entire 16.67 percent working interest in the Cossack, Wanaea, Lambert, and Hermes oil fields in the North Carnarvon basin offshore north-west Australia. The fields, also […]
Top Western energy companies are expected to unleash billions in returns to shareholders when they announce what is set be a second-straight quarter of record-breaking profits, lifted by stellar refining margins and high oil and […]
Top Western energy companies are expected to unleash billions in returns to shareholders when they announce what is set be a second-straight quarter of record-breaking profits, lifted by stellar refining margins and high oil and […]
Last week the BP Statistical Review of World Energy 2022 was released, covering energy data through 2021. The Review provides a comprehensive picture of supply and demand for major energy sources on a country-level basis. It is […]
Last week, BP released its annual Statistical Review of World Energy and the report shows, yet again, that electricity is the world’s most important and fastest-growing form of energy. In 2021, global electricity generation grew by a […]
Responding to record-high US gasoline and diesel prices, President Joe Biden has asked US refiners for their assistance in adding refining capacity to increase supply of gasoline and diesel. “I understand that many factors contributed […]
June 13 (Reuters) – Cenovus Energy Inc (CVE.TO) said on Monday it would buy British oil major BP Plc’s (BP.L) 50% stake in the Sunrise oil sands project in northern Alberta, as the Canadian energy company strengthens its position […]
Iraq’s Oil Minister Ihsan Abdul Jabbar held talks in London and Paris with the chief executive officers of the British Petroleum Company and France’s Total and officials from the French ministries of economy and energy. He […]
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