Arcius to start operations in Egypt, which includes interests assigned by BP across two development concessions
BP
Latest in BP
Abu Dhabi
Abu Dhabi considered major bid to buy BP: reports
Abu Dhabi-backed energy giant explored possibility of purchasing oil giant BP
BP
UAE investors can’t get enough of these 5 UK stocks
UAE investors eye oil and gas stocks in the UK
ADIPEC
UAE holds talks with BP, Inpex to drive greater cooperation in lower carbon energy solutions
The meetings followed the 8th Abu Dhabi CEO Roundtable – which brought together 35 energy leaders from around the world – to discuss how to deliver energy security while providing equitable access to energy, and climate progress
Abu Dhabi
ADNOC marks first investment deal in the UK in energy partnership with bp and Masdar
As part of the deal, ADNOC and bp will move to the design phase of the low-carbon hydrogen H2Teesside project in the UK
BP
Netflix, TikTok, Mastercard, Visa join growing list of companies cutting ties with Russia over its conflict in Ukraine
International sanctions, the closure of airspace and transports links due to the war, and the financial restrictions on SWIFT and capital controls have made it difficult – if not impossible – for many companies to supply parts, make payments, and deliver goods to and from Russia
BP
BP, Exxon, Shell exit from Russia likely to push oil price higher: Experts
International oil majors have been exiting investments in Russia following the country’s invasion of Ukraine
Abu Dhabi National Oil Company
UAE, UK energy giants ink deals to develop clean hydrogen hubs
Agreements signed by ADNOC, BP and Masdar as part of the visit of Abu Dhabi Crown Prince Sheikh Mohamed bin Zayed Al Nahyan to the UK
BP
Energy giant BP set to sell Oman gas stake for $2.6bn
BP will sell a stake in an Omani gas block to Thailand’s national energy firm, part of a push to divest billions of dollars of assets
BP
How Saudi Aramco is stepping up bid to be major LNG player
Aramco is joining oil companies from Royal Dutch Shell to BP in increasingly focusing on liquefied natural gas
billionaires
Why Saudi Aramco deal is key to debt plan of Indian billionaire
Mukesh Ambani’s Reliance Industries is on a mission to reduce debt after racking up $76bn in capital expenditure
BP
Energy giants Eni, BP ink Oman gas exploration deal
Eni, BP enter into a gas exploration and production sharing agreement with the Government of Oman
Bob Dudley BP
BP avoids sending tankers and crews into Gulf waters
Oil giant’s CEO takes decision amid fears its tankers could be targeted by Iranian forces as tensions mount
Bob Dudley BP
BP agrees to sell Gulf of Suez oil concession stakes to Dubai’s Dragon Oil
Subsidiary of the Emirates National Oil Company will purchase producing and exploration concessions, including BP’s interest in the Gulf of Suez Petroleum Company
BP
Oman Oil said to seek buyers for Khazzan gas field stake
Sources say Oman Oil Co is planning to sell a 10% stake in natural gas asset
BP
Oman Oil Co, BP reveal further plans for giant Khazzan gas field
Final investment decision for Ghazeer follows the successful start-up of Khazzan’s first phase of development
Abu Dhabi
Oil giant BP squeezed out of Abu Dhabi concessions
BP misses out on a chance to renew its partnership in oil concessions off the emirate’s shores