Bob Dudley BP Archives

Bob Dudley BP

BP avoids sending tankers and crews into Gulf waters

Written by Bloomberg

Tue 30 Jul 2019Thu 7 Oct 2021

Oil giant’s CEO takes decision amid fears its tankers could be targeted by Iranian forces as tensions mount

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Energy giant BP has agreed to sell its interests in Gulf of Suez oil concessions in Egypt to Dubai-based Dragon Oil.

Bob Dudley BP

BP agrees to sell Gulf of Suez oil concession stakes to Dubai’s Dragon Oil

Written by Sam Bridge

Mon 3 Jun 2019Thu 7 Oct 2021

Subsidiary of the Emirates National Oil Company will purchase producing and exploration concessions, including BP’s interest in the Gulf of Suez Petroleum Company

CEO Patrick Pouyanne sees supportive elements, such as looming sanctions on Iran and disruptions in Venezuela, that are stripping supply from the market and pushing prices back into triple digits for the first time seen since 2014, he said in a Bloomberg television interview.

Bob Dudley BP

French energy giant Total sees $100 oil coming

Written by Bloomberg

Thu 27 Sep 2018Wed 6 Oct 2021

Total CEO Patrick Pouyanne said it’s not good news for the oil industry