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A service for global professionals · Monday, December 11, 2023 · 674,292,634 Articles · 3+ Million Readers
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BP Energy News Monitoring

  • Published on 04:20 GMT

    The 3 Best Oil Stocks to Buy in December

    As crude cools off this winter, it's time to buy the dip in these three oil stocks If you think now is a bad time to consider adding oil stocks to your portfolio, think again. Sure, oil is currently in a downswing. Crude had surged back to life over …

    Source: InvestorPlace - Neutral
  • Published on 10:27 GMT

    Gunvor to acquire BP's 75% stake in Spanish gas power plant

    BRUSSELS, Dec 11 (Reuters) - Energy trader Gunvor has agreed to acquire a 75% stake in 785 megawatt (MW) power plant in Bilbao, Spain, from BP gas marketing, a joint statement said on Monday. The facility will be the Geneva trader's first power plant …

    Source: London South East - Neutral
  • Published on 02:53 GMT

    Venezuela urges BP, Chevron to restart gas project near Trinidad, Guyana

    According to five people familiar with the talks, Venezuela has begun contacting energy corporations involved in a long-stalled offshore gas project to pressure them to start new exploration and operations along its maritime border with Guyana. The …

    Source: St. Vincent Times - Label Pending
  • Published on 01:33 GMT

    School closes Monday after Olympic Pipeline gas spill near Conway

    The spill happened near Mount Vernon just after 4 a.m. on Sunday. CONWAY, Wash. — Emergency crews are working to clean up a gasoline spill along the Olympic Pipeline near Conway on Sunday. BP, which operates the pipeline, reported a release of gas at about …

    Source: KING 5 - Washington State - Neutral
  • Published on 10:11 GMT

    COSCO Shipping and bp enhance cooperation

    China’s largest shipping enterprise COSCO Shipping has inked a memorandum of understanding (MoU) with oil and gas industry player bp to establish strategic cooperation.  To further capitalise on the business advantages of both parties, enhance synergies,  …

    Source: Seatrade Maritime News - Neutral
  • Published on Dec 10, 2023

    Have Reports of Oil’s Death Been Greatly Exaggerated?

    There is a great mismatch between dominant climate narratives and the reality of the global energy sector. While energy industry insiders and environmentalists alike claim that the energy industry is heavily investing in cleaner alternatives and that the …

    Source: Oil Price - Neutral
  • Published on Dec 10, 2023

    Venezuela in Talks to Reactivate Oil Field Near Guyana: Reuters

    (Bloomberg) — Venezuela is in contact with energy companies to exploit the Plataforma Deltana gas field near Trinidad and Guyana as it steps up pressure on the latter over a territorial dispute, Reuters reported. The project aims to restart work at the …

    Source: Financial Post - Center-right
  • Published on Dec 10, 2023

    TT Gov’t defends new unitised agreement with gas companies

    PORT OF SPAIN, Trinidad: The Trinidad and Tobago government on Friday defended the new unitised commercial structure for Atlantic LNG that allows the state-owned National Gas Company of Trinidad and Tobago (NGC) to obtain a greater share in the revenue …

    Source: The Gleaner - Neutral
  • Published on Dec 10, 2023

    If I’d invested £1,000 when the BP share price hit rock bottom, here’s what I’d have now!

    Image source: Getty Images In October 2020, the BP (LSE:BP) share price bottomed out at around 196p. I’m going to use this as my base figure as it’s the lowest the energy giant has seen since 1994. At the time, many analysts were wondering whether there …

    Source: The Motley Fool - Neutral
  • Published on Dec 10, 2023

    As petroleum-free future looms, oil companies eye investing in renewables

    New York, Dec 10 (IANS): Red lights are flashing for petroleum companies: The European Union and several US states starting with California will ban the sale of new cars and vans powered by petrol and diesel in 2035. Petroleum producers are looking for off …

    Source: Daijiworld News - Neutral
  • Published on Dec 9, 2023

    Chevron Plans $19.5Bn Capital Spending For Increased Crude Production In 2024

        Richard Ginika Izuora   To support its planned increase in long-term crude production, Chevron Corp. is raising its capital spending for 2024. Global expenditures will reach a range of $18.5 billion to $19.5 billion in 2024, up from $17 billion this …

    Source: Oriental News Nigeria - Neutral
  • Published on Dec 8, 2023

    From the Paris agreement to COP28, how oil and gas giants try to influence the global climate agenda

    There is “no science” behind demands to phase out fossil fuels, according to the current COP president. This level of cynicism at the top of the annual climate summit makes it less surprising that the conference has also been used as an oil trading venue. …

    Source: The Conversation - Neutral
  • Published on Dec 9, 2023

    Venezuela prods BP, Chevron to revive gas project near Trinidad, Guyana

    HOUSTON/CARACAS,  (Reuters) – Venezuela has begun contacting energy firms involved in an long-idled offshore gas project to push them to begin new exploration and operations near its maritime border with Guyana, five people close to the talks said. The …

    Source: Stabroek News - Neutral
  • Published on Dec 8, 2023

    BP shares look dirt cheap

    Image source: Getty Images BP (LSE: BP) shares have dropped 17% since October. Such a large drop – while the FTSE 100 stayed flat – strikes me as a rare opportunity to pick up cheap shares in the oil major.  Analysts at Barclays seem to think so. They put …

    Source: The Motley Fool - Neutral
  • Published on Dec 8, 2023

    Liquid Gold: Insights into the Global Natural Gas Liquids Market 2021-2030

    Balancing Act: Sustainability and Profitability in the Evolving Natural Gas Liquids Market WILMINGTON, DELAWARE, UNITED STATES, December 8, 2023 /⁨EINPresswire.com⁩/ -- Natural Gas Liquids (NGLs) represent a versatile and valuable component of the …

    Distribution channels: Energy Industry, Environment ...
  • Published on Dec 8, 2023

    Exclusive: Venezuela prods BP, Chevron to revive gas project near Trinidad, Guyana

    Venezuelan President Nicolas Maduro gestures as he attends an event at the National Electoral Council (CNE) after voters in a referendum rejected the International Court of Justice's (ICJ) jurisdiction over the country's territorial dispute with …

    Source: Reuters - Neutral
  • Published on Dec 8, 2023

    Yet Another Oil Spill Hits the Gulf of Mexico

    A new large oil spill hit the Gulf of Mexico on November 16. This disaster is a stark reminder of the constant risk that offshore drilling poses to wildlife, ecosystems, and coastal communities. Offshore oil and gas production is inherently risky—as the …

    Source: Nrdc - Left-wing
  • Published on Dec 8, 2023

    PMT Energy Program Starts With 49 Oil and Gas Firms, Ends With 9

    Dutch pension fund Pensioenfonds Metaal en Techniek, or PMT, has “said goodbye” to 40 oil and gas companies within its portfolio but will continue to invest in nine. PMT, one of the largest pension funds in the Netherlands with 74.2 billion euros ($80 …

    Source: Chief Investment Officers - Neutral
  • Published on Dec 8, 2023

    Oil price tests six-month lows as US production soars

    Oil prices traded around six-month lows on Friday, with the talk of $100/barrel seeming a distant memory.  Brent crude was trading around $75/barrel while West Texas Intermediate has pushed back above $70/barrel after falling below earlier this …

    Source: Proactive Investors - Neutral

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