• Environmental permit will allow work on the $12-billion project to begin on site. • The energy transition was present but not at center stage at recent earnings calls as majors celebrated their improving financial performance. • Open Energi’s technology optimizes the energy use of low-carbon assets, including battery storage, hydrogen electrolyzers, and solar farms, connecting the assets to power markets and giving traders access to real-time data. The goal is to provide flexibility at times of low renewable-energy generation and during price peaks. • As a global pandemic continues, the London-based company's annual lookback has found that last year's pain was not shared evenly across the energy spectrum. • The operator is exercising its right of first refusal, negating the previously announced deal with a private equity group. • The new field, which is tied back to the Na Kika platform, is expected to add over 20,000 B/D of new production at peak. • BP said it will remain a member of the American Petroleum Institute after the largest US oil and gas trade lobby group addressed some differences with the British energy company over climate change. • As our industry continues to adapt and evolve to meet the changing needs of our fast-moving world, we see a sizable and growing prize for those who are willing to work and think differently, challenge traditional approaches, forge new working relationships, and act boldly. • BP says its new$1.3-billion Grand Slam electrified oil, gas, and water-handling facility is a clear example of its net-zero strategy in action.
• The $2.59-billion deal advances BP’s effort to divest$25 billion of its global proceeds by 2025.