BP

Latest News and Press Releases

North America

BP Announces Gulf of Mexico Discovery

Tuesday, October 14, 2008

BP America Inc. announced today an oil discovery at its Freedom Prospect in the deepwater Gulf of Mexico. The well, lo...

Africa

AGR’s Riserless Mud Recovery Technology Successfully Field Tested to 1,500m Water Depth

Monday, October 13, 2008

AGR Drilling Services, together with their Joint Industry Project partners Shell, BP and the Norwegian Research Council...

North Africa

Foster Wheeler Awarded FEED by BP For In Salah Gas Fields Development in Algeria

Monday, October 13, 2008

Foster Wheeler Ltd. announced today that its UK-headquartered subsidiary Foster Wheeler Energy Limited, part of its Glob...

North America

49 Gulf Platforms Destroyed by Ike, Reports MMS

Friday, September 19, 2008

A total of 49 offshore oil and natural gas production platforms were destroyed, or damaged beyond repair, by Hurricane I...

Africa

Technip Awarded Two New Frame Agreements by BP for Subsea Oilfield Developments in Angola

Saturday, September 13, 2008

Technip and its subsidiary Angoflex Ltda. (owned jointly with Sonangol) have been awarded two new major frame agreements...

South America

Petrobas Announces Second Major Oil Field Discovery in Twelve Months

Friday, September 12, 2008

Petrobras, Brazil's state-controlled oil company, confirmed on Wednesday that is has discovered a huge offshore crude oi...

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Russia-FSU

Agreement Reached Over TNK-BP; CEO to be Forced Out

Friday, September 05, 2008

BP, the U.K. oil and petrochemicals company, plans to sign an agreement to retain its half stake in TNK-BP Holding, but ...

Russia-FSU

BP and AAR Move to Resolve Joint-Venture Dispute

Thursday, September 04, 2008

An overhaul of the governance structure of Russia's third largest oil company, TNK-BP, has been agreed in principle by t...

Middle East

Iraq Agrees $3bn Oil Services Deal With CNEC

Wednesday, September 03, 2008

The Iraqi Cabinet has given the approval of a US$3 billion deal with China’s state-owned CNPC to develop and run the al-...

Worldwide

Crude Continues to Fall as Gustav Fails to Cause Predicted Damage

Wednesday, September 03, 2008

The price of oil continued to fall on Tuesday morning, approaching $105 a barrel, after the downgraded Hurricane Gustav ...

Australasia

Chevron Announces First Gas from Australian North West Shelf Train 5

Tuesday, September 02, 2008

Chevron Corporation subsidiary Chevron Australia Pty Ltd today announced first gas from the North West Shelf Venture's T...

North America

Chesapeake Energy and BP America Announce Fayetteville Shale Joint Venture

Tuesday, September 02, 2008

Chesapeake Energy Corporation and BP America today announced the execution of a Letter of Intent for a joint venture whe...

North America

Gustav Shuts Off 96% of Production in the Gulf of Mexico; Platform Workers Evacuated

Tuesday, September 02, 2008

Just as the residents of New Orleans were fleeing for higher ground, workers on oil rigs and manned platforms in the Gul...

Russia-FSU

BP Reopens BTC Pipeline Through Georgia

Tuesday, August 26, 2008

Crude oil was once again flowing through the Baku-Tbilisi-Ceyhan (BTC) pipeline, by the barrel load, as of Monday mornin...

Russia-FSU

BP Begins Testing in Hope of Reopening BTC Pipeline

Thursday, August 21, 2008

The world's second longest oil pipeline, that transfers oil from the Caspian Sea oil fields through conflict-ridden Geor...

Russia-FSU

Gas Flows Through Georgia Once Again; Oil Pipeline Remains Shut

Friday, August 15, 2008

Energy Giant BP has turned the taps back on, for the South Caucasus pipeline in Georgia, after it was shut for two days ...

Africa

Production Begins at ExxonMobil Angola Developments

Thursday, August 14, 2008

- Kizomba C Fields Expected to Produce 200,000 Barrels of Oil Per Day Exxon Mobil Corporation announced today that it...

Russia-FSU

Oil Falls For Third Consecutive Day As Russia Ends Conflict

Wednesday, August 13, 2008

The Kremlin announced an end to Russian military operations in Georgia on Tuesday, easing concerns over oil supply distr...