Here are some projects that have been cancelled, postponed or scaled back ... highlighting the challenges of a high-cost industry heavily reliant on subsidies. ** BP said in April that it was shutting ...

The US president is betting big on hydrocarbon exports, turning American oil and gas into a key bargaining chip in trade and ...

Saudi Arabia has officially welcomed the stated intention of Canada and Malta to recognise the State of Palestine, a ...

NZTA said a great innovation in motorist safety is on its way to the Bay of Plenty. Later this year, two sets of ...

UK supermajor BP has started production from the Argos Southwest extension project in the US Gulf, its fifth major ...

BP has started production at its Argos Southwest Extension project in the deepwater Gulf of America, contributing to its goal ...

Supermajor would only be able to move forward with H2 Teesside scheme if UK government grants compulsory purchase order ...

The project will add three wells and includes a new drill center about 5 miles southwest of Argos. The subsea tieback will ...

The project adds 20,000 barrels of oil equivalent per day (boepd) of gross peak annualized average production at the existing ...

BP will launch a review of how best to develop and monetise its oil and gas production assets and consider more cost cuts to ...

BP's renewed focus on oil growth, upstream project execution, and cost discipline is winning back investor confidence. See ...