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 ...

BP (NYSE:BP) is moving forward with plans to develop an offshore drilling project in the Gulf of Mexico worth $5 billion. It is expected to take five years for the Tiber-Guadalupe oil and gas project ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The Jera Nex BP joint venture ...

BP and the Venezuelan government signed a memorandum of understanding ‌for the exploration of natural gas in the Loran offshore area, acting President Delcy Rodriguez said.

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 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 ...

My Alerts is a service for subscribers. Please login or subscribe in order to use My Alerts. BP is working on a response to moves by New York regulators to solicit new power purchase agreement (PPA) ...

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 has agreed to spin off its offshore-wind business into a newly formed joint venture with Japan’s top power producer JERA Co. in what will see a sharp reduction in the British oil company’s ...

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 ...

The agreement comes as Venezuela continues its efforts to re-engage with foreign energy investors after the removal of ...

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 ...