Tag: BP
Trump Administration rolling back safety rules born from Deepwater Horizon disaster
Scrapping regulations will save $28.8 million a year. BP has already spent $62 billion cleaning up after Deepwater Horizon disaster After reviewing off-shore oil and gas production safety regulations enacted by the Obama Administration after the 2010 Deepwater Horizon disaster at the request of President Donald Trump, the Bureau of Safety and Environmental Enforcement (BSEE) […]
Column: What are the transformative technology trends in your industry?
Experts reveal what they see as transformative trends at BP summit in London This article ran in BP Magazine on December 13, 2017 Some futuristic technologies seem inconceivable today, but the same may have been said for a smartphone device 30 years ago. So, what are the trends that may be game-changing across different industries […]
BP Mancos Shale gas discovery could be groundbreaking discovery
Mancos Shale second largest to Marcellus field In 2015, BP bought acreage in a little-known area in northern New Mexico where not a single gas well was located. A year later, a report from the US Geological Survey showed the site, known as the Mancos Shale, could be home to the second largest shale play […]
BP in talks with EV makers to offer battery charging at company’s gas stations
Shell has scheme to install battery charging stations at some stations in Britain, Netherlands Oil giant BP is looking to partner with electric vehicle makers to offer battery charging docks at its worldwide network of gasoline and diesel stations. With rapid growth in the use of EVs expected in the coming decades, some oil companies […]
US news brief July 12: In disaster’s wake, BP doubles down on deepwater despite surging shale
Also in this brief: US ethanol production continues to grow, Global rig counts all up in June says Baker Hughes BP’s offshore Gulf Coast development Mad Dog phase two will be profitable even at $40/b oil Seven years after the disastrous Deepwater Horizon explosion and oil spill in the Gulf of Mexico, BP is spending billions every […]
US will dominate global LNG markets, natural gas production by 2035 – BP
Report projects US will lead global growth in LNG with an increase of 19 Bcf/d by 2035 By Nicole Jacobs, EnergyInDepth BP released its latest Energy Outlook this week, reaffirming its earlier forecast that the U.S. will be energy self-sufficient by 2023 while continuing to lead the world in natural gas production. From the report: […]
Global energy demand sluggish as growth in Chinese consumption falls
Slower energy demand growth helped stall acceleration of GHG emissions Global energy demand grew last year, but the increase was well below the 10-year average as developing countries including China saw sluggish growth in energy consumption, according to a report by BP. In the company’s Statistical Review of World Energy, worldwide energy demand grew by […]
BP Alaska well still leaking gas, company plans to close well when safe
Leaking BP Alaska well located on North Slope UPDATE: BP reports the well that leaked natural gas and crude has been capped by Halliburton’s well control specialists. BP says it is working to secure an natural gas leak that was detected at a company well located on the North Slope late last week. The leak from […]
Trump energy policy unlikely to have big impact on climate change fight – BP
If US stops being a leader in climate change fight, Trump’s policies could have great impact on GHGs LONDON, Jan 25 (Reuters) – Changes to U.S. energy policies under new President Donald Trump are unlikely to have a big impact on global action to curb a rise in greenhouse gas emissions, oil major BP’s chief economist said […]
Global oil demand to grow into 2040s – BP outlook
Global oil demand growth to average .7 per cent per year by 2035 By Ron Bousso LONDON, Jan 25 (Reuters) – Global oil demand will keep growing into the 2040s due to higher consumption of plastic goods even as the electric vehicle fleet expands rapidly and technology revolutionises transport, BP said in its annual Energy Outlook […]
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