BP Q3 profit nearly halves but soundly beats consensus
BP has reported third-quarter net profit of $1.62 billion, trouncing consensus expectations of $686 million, but…
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BP
Misr Insurance insures BP’s gas find Atoll for $1.3 billion
Egypt’s Misr Insurance has won a tender to provide insurance coverage for BP’s latest find, the Atoll deepwater gas…
BP signs concession amendments in Egypt
BP, known as British Petroleum also, has signed concession amendments for the Temsah, Ras El Barr and Nile Delta…
BP produces 650m ft3 from Egypt’s Taurus and Libra fields
BP signed an agreement with Royal Dutch Shell to process 650m cubic feet of gas, produced from its North Alexandria…
Oil market is in balance; says BP CEO
"The oil market is "pretty much in balance," Bob Dudley the chief executive of BP has told CNBC on Monday. Speaking…
FTSE 100 snaps 3-day losing streak as oil majors rebound
U.K. stocks surged for the first time in four sessions Wednesday, with oil companies rebounding ahead of the highly…
BP strikes three concession amendments with Egypt
BP PLC has signed amendments to three concession areas in Egypt, allowing for the development of the Nooros field,…
Egypt signs $595 mln oil, gas agreements with BP, Eni’s unit
Egypt has signed Saturday three agreements for oil and natural gas explorations that are expected to bring in new…
Eni, BP complete drilling of second well in South Baltim
The Italian company Eni and the British company BP have finished drilling two wells in the South Baltim field,…
Egypt’s GUPCO ups crude oil production to 76,500 barrels/day
Gulf of Suez Petroleum Co – GUPCO, a joint venture between the Egyptian Government and BP Plc, has recently boosted…
