The new program follows bp’s exploration campaign in the first half of 2025, which led to two discoveries: Fayoum-5 and ...

BP is moving forward with plans to develop an offshore drilling project in the Gulf of Mexico worth $5 billion.

The agreement covers the drilling of five natural gas wells in BP’s Mediterranean concessions, at depths ranging between 300 ...

Venture Global is stated to have breached its obligations by not declaring commercial operations at the Calcasieu Project in ...

BP plc BP, the British oil and gas giant, has recently secured a win in an arbitration proceeding against Venture Global Inc. VG over the latter’s failure to supply liquefied natural gas (LNG) ...

BP has given Transocean another year’s worth of work in the US Gulf to the tune of US$232 million, the offshore driller said ...

BP Plc (NYSE: BP) approved a $5 billion oil and gas project in the Gulf of America, reinforcing its commitment to the ...

BP entered the offshore wind market on Thursday with a $1.1 billion deal to buy 50% stakes in two U.S. developments from Norway's Equinor , a significant step by the oil firm towards its energy ...

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 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 (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 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 ...