BP

The Libyan National Oil Company plans to tender 22 onshore/offshore exploration blocks in 2025 as it works to rebuild credibility with foreign oil producers.

After overcoming the challenges of a new offshore frontier, BP has begun first gas flow at its ultradeep project offshore Mauritania and Senegal.

Updates about global exploration and production activities and developments.

The formal design and construction contract award comes after an LOI for the work was signed this past summer.

Arcius’ remit covers the Shorouk concession, home to the Zohr gas field whose production decline has been fueled by a lack of investment.

Permits for the East Side Cluster carbon storage project have been awarded, and participants have begun announcing final investment decisions.

The plan calls for developing a gas field, CCUS, and onshore compression, with first production expected in 2028.

The late-season hurricane caused damage across western Cuba and now is setting its sights on the US Gulf of Mexico.

Speaking at this year's ADIPEC, leaders from BP, Shell, Petronas, ADNOC, and Eni said the energy transition must become profitable and that AI will likely play a key role.

Have data center operators become the major proponents of nuclear power? A flurry of recent announcements suggests so. But Shell, ExxonMobil, and BP, leveraging their oil and gas expertise, are stepping into the forefront to offer another solution to help data centers operate sustainably—immersion cooling liquids.