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ADNOC and BP Offer to Buy 50% of the Israeli NewMed for Two Billion Dollars

28 March 2023
by EDITORIAL DESK
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The Abu Dhabi National Oil Company (ADNOC) and BP made a non-binding offer to acquire a stake in NewMed Energy, in an effort to exploit gas reserves in the eastern…

BP will Produce more Crude Oil in the Gulf of Mexico

02 May 2022
by EDITORIAL DESK
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“More oil and gas in the Gulf of Mexico helps improve emissions globally,” said Starlee Sykes, a senior vice president at BP. The oil company BP expects to double the…

BP: Abyssal Loss in the 2nd Quarter

04 August 2020
by EDITORIAL DESK
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The British giant of hydrocarbons BP unveiled on Tuesday a net loss of 16.8 billion dollars in the second quarter, a consequence of depreciation of massive assets related to the…

Oil Giant BP Announces the Loss of 10,000 Jobs Worldwide

08 June 2020
by EDITORIAL DESK
Comments Off on Oil Giant BP Announces the Loss of 10,000 Jobs Worldwide

Faced with the plunge in prices, BP had already announced, in April, a drastic drop in investment spending and a savings plan. The British oil giant BP announced on Monday…

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