A whopping list of challenges is confronting the U.S. natural gas industry as state and federal policies evolve and consumer preferences change, the CEO of BP Energy Co. said Tuesday.
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BP Pursuing Bigger Share of Global LNG with New Supply Deals
BP plc, the longtime No. 1 natural gas marketer in North America, is chasing a larger position in the global liquefied natural gas (LNG) market with two new supply agreements, including one with the world’s third largest LNG importer.
BP Expanding Methane Detection Across Operated Oil, Natural Gas Projects
Using drones and complementary technology, BP plc has launched an ambitious program to continuously measure methane emissions in future operated oil and natural gas projects worldwide.
Freeport LNG Delays First Cargo to Late August After Gasket Failure
After a recent mechanical issue, the Freeport liquefied natural gas (LNG) terminal on Quintana Island off the upper Texas coast now expects to ship its first export cargo late this month, the company said Friday.
BP’s Lower 48 Delivers but LNG Oversupply, Prices Seen Under Pressure Through 2021
BP plc reported better-than-expected results in the second quarter, in part on a strong showing in the Lower 48, with synergies from the BHP onshore acquisition ensuring a strengthening U.S. business, executives said Tuesday.
BP Shareholders Vote to Align Business Strategy with UN Climate Accord
BP plc shareholders on Tuesday overwhelmingly approved a resolution to align the business strategy with the 2015 United Nations climate change accord, aka the Paris Agreement, but they rejected implementing a more harsh recommendation.
NGI The Weekly Gas Market Report
BP Reports ‘Strong’ Natural Gas Trading Results, with Lower 48 Operations Expanding
BP plc, which took over a massive Lower 48 position in March, is ready to build its oil and gas warehouse in the Permian Basin and beyond, the CFO said Tuesday.
BP’s $100M Fund Looking for Creative Ways to Reduce Upstream Emissions
BP plc has established a $100 million fund to further reduce greenhouse gas (GHG) emissions in its upstream oil and natural gas operations.
BHP Sanctions Atlantis Expansion in U.S. Deepwater, Trion in Mexico GOM
BHP on Wednesday approved spending of close to $956 million for two Gulf of Mexico (GOM) expansion projects, one in U.S. deepwater and the other in Mexico waters.
BP Beats Expectations, with Efficiency, New Projects, Greater Production
Lifted by more efficient delivery from existing fields and a boost from new oil and natural gas projects, BP plc delivered during the final three months of 2018, offsetting a slump in crude prices.