BP agreed to sell adjoining production and exploration assets on the UK's side of the North Sea that include the Culzean gas and condensate field to Serica for at least $232 million.

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 ...

Venture Global shares plunged nearly 25% on Friday to their lowest level in five months after it lost an arbitration case ...

The arbitration tribunal found Venture Global failed to declare the Calcasieu Pass LNG plant's commercial operation date in a ...

The award found that Venture Global had breached its obligations to declare a commercial operation date at its Calcasieu Pass liquefied natural gas facility in Louisiana in a timely manner and act as ...

UK oil major BP has triumphed in a potentially very costly dispute over US producer Venture Global's failure to deliver ...

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BP projects senior vice-president Ewan Drummond said: “Murlach is the sixth start-up for bp in 2025 and marks another ...