Bp

BP CEO Resigns amid Probe into Relationships with Colleagues

Posted on September 19, 2023September 19, 2023 by Mozambique Resources Post

BP PLC said Tuesday chief executive officer (CEO) Bernard Looney had tendered his resignation with immediate effect, revealing a company investigation is underway over his personal relationships with colleagues. Chief financial officer Murray Auchincloss takes over on an interim basis, the British energy giant said in a press release. “In May 2022, the Board received and reviewed allegations, with the support of external legal counsel, relating to Mr Looney’s conduct in respect of personal relationships…

Sustainability: “We Should Take Climate Change Seriously” – BP Manager

Posted on March 6, 2019 by Mozambique Resources Post

The world and the oil and gas industry need to start tackling in earnest climate change, Spencer Dale, group chief economist at supermajor BP, told The Washington Post in an interview published on Tuesday. “All the climate arguments are real, urgent and important,” Dale told The Washington Post’s Dino Grandoni. The longer the industry and the world wait until they start addressing carbon emissions, the more “draconian” changes the global economy will see in the…

Global Industry: “It’s been a good quarter, it’s been a good year” – BP CEO

Posted on February 5, 2019February 5, 2019 by Mozambique Resources Post

BP Plc joined its Big Oil peers by giving investors a positive surprise, exceeding profit estimates and earning better returns than its closest European rival as reported by Bloomberg.

Africa Oil & Gas: Black & Veatch to provide Tortue FLNG liquefaction tech

Posted on December 27, 2018December 27, 2018 by Mozambique Resources Post

Overland Park-headquartered EPCC specialist Black & Veatch has been given a limited notice to proceed with work on the FLNG conversion for the BP-led Greater Tortue Ahmeyim LNG project off Mauritania and Senegal.

Africa Oil & Gas: BP, ExxonMobil to invest in operations offshore Angola

Posted on December 18, 2018December 18, 2018 by Mozambique Resources Post

BP said on Monday it had signed an agreement with Sonangol to progress to final investment decision the development of the Platina field in deepwater Block 18, offshore Angola.

Africa Oil & Gas: Nigeria’s NNPC signs crude-for-product swap deal with BP

Posted on November 2, 2018 by Mozambique Resources Post

Nigeria’s state oil firm NNPC said it had signed a crude-for-product swap deal with oil major BP.

Global Markets: BP Unleashes Cash Bet That Oil Will Stay High

Posted on October 30, 2018 by Mozambique Resources Post

(Bloomberg) — BP Plc is gearing up to leave European competitors in the dust, at least when it comes to spending the industry’s enormous cash pile.

Africa Oil & Gas: BP and Kosmos start environmental studies in São Tomé and Príncipe

Posted on October 30, 2018 by Mozambique Resources Post

The consortium made up of BP Exploration Operating and US company Kosmos Energy has begun environmental impact studies in the São Tomé and Príncipe sea to explore oil in the archipelago’s exclusive economic zone, the consortium’s representative said on Monday.

Africa Oil & Gas: BP, Eni To Start Drilling in Libya By Next March

Posted on October 26, 2018 by Mozambique Resources Post

BP and Eni will begin exploratory drilling in Libya in the first quarter of next year, BP’s chief executive Bob Dudley told Reuters.

Africa Oil & Gas: Eni acquires half of BP’s Libya oil and gas license

Posted on October 9, 2018 by Mozambique Resources Post

Italian oil major Eni on Monday signed an accord with BP and Libyan officials under which Eni will get a 42.5% interest in an exploration and operation sharing agreement in the North African country, as well as become operator of an area where exploratory activities were suspended four years ago.

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