TWMA secures $15mln contract to support BP project in Egypt
Aberdeen-based TWMA has secured a contract worth $15 million to provide support for a major oil and gas project by…
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BP
BP profit declines by 70% in Q2 of 2023 – report
UK oil and gas major BP has reported on Tuesday a decline in profits by 70 percent to record $2.6 billion (£2…
Egypt denies rumours about giant Zohr gas filed facing problems
The Egyptian government denied rumours about its giant Zohr gas field was facing technical problems, instead…
BP invests $10 mln in biofuel firm
BP, the British multinational oil and gas firm, are investing $10 million in WasteFuel, a biofuels company that…
Egypt starts $1.8bln gas exploration programme – minister
Egypt started a $1.8 billion programme for gas exploration wells in the Nile Delta and Mediterranean Sea, said…
Biden administration invests $251 mln in carbon capture
Joe Biden’s administration announced on Wednesday the investment of about $251 million in carbon capture and…
BP profit rises to $5bln in Q1 – report
UK oil and gas BP reported on Tuesday a $5 billion profit in the first quarter, representing the second-best…
Norway’s sovereign fund to vote against climate resolution at BP
Norwegian sovereign wealth fund, worth an estimated $1.4 trillion, one of the world's largest investors, said on…
BP, ADNOC plan to buy 50% of Israel’s NewMed Energy
British energy company BP and Abu Dhabi National Oil Co. (ADNOC) have made a non-binding offer to take Israel's…
BP posts double profits of $27.7bln in 2022
British energy company BP announced on Tuesday its annual net profits of $27.7 billion for 2022, more than doubling…
