Upstream2d
'Back to our roots': BP sizes up Middle East to diversify while developing US Gulf resources
BP chief executive Murray Auchincloss highlighted countries and projects that interest him as he embarks on further ...
BP Profit Falls, but It Still Sees ‘Potential to Grow’ in Oil and Gas
The energy giant’s chief executive, Murray Auchincloss, has taken a profit-oriented approach and said in an interview that ...
Renewable Energy Pullback By BP Continues To Gather Pace
The pullback by energy giant BP from renewables and a renewed focus on high margin mainstay oil and gas plays has been ...
Mideast tensions top risk facing energy markets, says BP CEO
BP CEO stresses Middle East tensions as energy risk at Abu Dhabi event, urging new oil gas investments despite potential ...
Big Oil Chiefs See Middle East Conflict and China as Top Concerns
Escalating tensions in the Middle East and US relations with China pose the greatest concerns for Big Oil, according to some ...
Recharge8d
CEO claims BP 'one of two or three' energy giants that can cope with global 'hyperscaler' demand
BP is one of two or three companies able to meet the voracious and increasingly globalised demand for low carbon energy presented by the emergence of the so-called hyperscalers, according to CEO ...
BP profit slumps to near four-year low as oil demand sags
BP on Tuesday reported a 30% drop in third-quarter profit to $2.3 billion, the lowest in almost four years, weighed down by ...
Refining margins dismal as China weighs on oil demand, BP CEO says
Global refining margins are dismal as global oil demand growth remains below average due to sluggish economic activity in ...