BP plc

Natural Gas Projects in Asia, Middle East Advance in Series of Year-End Deals

Natural Gas Projects in Asia, Middle East Advance in Series of Year-End Deals

A number of deals were signed across Asia and the Middle East in recent weeks to further expand the availability of natural gas and develop new resources. BP plc has signed a 10-year natural gas supply agreement with a subsidiary of China’s State Power Investment Corp. (SPIC) to supply 200,000 metric tons/year (mty) starting in…

December 27, 2021
BP Expanding RNG Venture with Clean Energy Fuels into Iowa, South Dakota

BP Expanding RNG Venture with Clean Energy Fuels into Iowa, South Dakota

BP plc is extending a renewable natural gas (RNG) venture with Clean Energy Fuels Corp. to finance and develop more projects on dairy farms in Iowa and South Dakota. The dairy farms, with more than 30,000 cows combined, have the potential to convert methane produced from waste into more than 7 million gallons/year of RNG.…

November 16, 2021
BP Gains on Natural Gas Trading, Forecasts Tight Supply Through Winter

BP Gains on Natural Gas Trading, Forecasts Tight Supply Through Winter

Global natural gas markets are likely to remain tight through the winter, with oil prices continuing to climb as well, BP plc executives predicted on Tuesday. CEO Bernard Looney was joined in a conference call by CFO Murray Auchincloss to discuss the London-based integrated energy major’s third quarter results and the near-term outlook.  “It was…

November 2, 2021
BP Investing in West Coast Refinery to Expand Renewable Diesel, Reduce Emissions

BP Investing in West Coast Refinery to Expand Renewable Diesel, Reduce Emissions

BP plc is pouring $269 million into three projects at its Cherry Point Refinery in Washington to improve efficiencies, reduce emissions and increase renewable diesel production capability. The projects, slated to create 200-plus construction jobs, 25 engineering jobs and 40 support roles, align with the integrated energy major’s goal to be net zero emissions across…

October 6, 2021
BP Delivers its First Carbon Offset LNG to Mexico

BP Delivers its First Carbon Offset LNG to Mexico

Mexico received its first cargo of carbon offset liquefied natural gas (LNG) last week, according to BP plc and Sempra.  Subsidiaries of the firms inked a contract for delivery of the cargo to Sempra’s Energía Costa Azul (ECA) terminal on Mexico’s Pacific Coast. It was expected to arrive last Friday (July 16). Greenhouse gas (GHG)…

July 20, 2021
BP’s Manuel Project in GOM’s Mississippi Canyon Ramps Up

BP’s Manuel Project in GOM’s Mississippi Canyon Ramps Up

BP plc said Wednesday it has ramped up production from the Manuel project in the deepwater Gulf of Mexico (GOM), with two new wells tied into the Na Kika platform. The Mississippi Canyon project in Block 520, in which Royal Dutch Shell plc is a 50% partner, is the fourth of five projects set to…

June 23, 2021