BP
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Over the past 30 years Caspian nations such as Azerbaijan and Kazakhstan have built thriving economies on oil and gas wealth led by global energy companies and a handful of megaprojects. As times change, that model may need to be reassessed.
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Field will deliver gas to Trinidad market from a resource discovered in 2017.
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Project is part of BP’s plan to grow GOM production to 400,000 B/D by mid-decade.
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Four top oil executives will appear before the House Oversight Committee this week in a landmark moment for environmental activists who have spent years calling for investigations of the industry.
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BP boss is joined by ADNOC chief and India's oil minister in urging increased investment in everything from storage to fuel diversification.
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Tract is turned back by BP after operator fails to meet drilling obligation.
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Environmental permit will allow work on the $12-billion project to begin on site.
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The energy transition was present but not at center stage at recent earnings calls as majors celebrated their improving financial performance.
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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.
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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.