Majors form offshore wind consortium for Norwegian North Sea bid
Today, British multinational oil and gas Company bp announced it will join Statkraft and Aker Offshore Wind in a consortium bidding to develop offshore wind...
Tag : BP
bp acquires 9GW of US solar developments from 7X Energy
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BP, the British oil supermajor, announced this Tuesday it reached an agreement to acquire from US independent energy firm up to 9GW in high-quality solar...
BP in talks with Eni to sell its Algeria oil and gas assets: Reuters
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BP, the British oil major, is in talks with Italian oil company Eni to sell it its oil and gas assets in Algeria, sources said,...
Supreme Court backs major energy companies in Baltimore lawsuit
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The U.S. Supreme Court has ruled in favor of BP PLC, Chevron, ExxonMobil, Royal Dutch Shell, as well as other major energy companies in regards...
A net-zero cement? Now more viable through bp – CEMEX partnership
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Today, bp and CEMEX announced they will work together to accelerate the progress of CEMEX’s 2050 ambition to deliver net-zero CO2 concrete globally. Thus, the two companies...
Shell expands its position in GOM after Leopard discovery
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Shell Offshore, a subsidiary of Royal Dutch Shell is up to expand its position in the Gulf of Mexico after the Leopard discovery; a 600...
Trading unit of ExxonMobil plunged amid pandemic clash: Reuters
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The trading unit of ExxonMobil retreated from its activities after the company slashed the units funding, amid deep spending cuts due to the pandemic, sources...
ExxonMobil to start carbon capture in Houston area; $100 Bn of possible investment
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ExxonMobil, american oil supermajor, announced this Tuesday it will start a plan to capture and store carbon dioxide emitted by industries around the Houston area;...
Offshore wind race and higher fees may hit the final consumer of clean energy: Reuters
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The global competition to secure and expand renewable energy, especially offshore wind, may hit the final customer with higher-than-expected fees; as today’s auctions for wind...
BP hits $35B net debt target before schedule due to trading and high performance
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The British oil major, bp, announced this Tuesday it expects to hit its $35 billion net debt target by the end of the first quarter...