5 Pillars for Action at the COP28 Climate Summit in Dubai
For a successful energy package at COP28, the International Energy Agency has set out five...
Oil Markets on Edge
Oil markets are now fully focused on the upcoming OPEC+ meeting, with reports that the...
Under Pressure
Oil prices were recovering slightly after four consecutive weeks of losses pushed both Brent and...
Latin America Energy Outlook.
Latin America to play an essential role in the global transition to a more secure...
Saudi Arabia Extends Production Cut.
Saudi Arabia extended its voluntary production cut of 1 million b/d to the end of...
The warmest September on record
September 2023 was the warmest September on record globally. Antarctic sea ice extent remained at...
US Oil Production Hits All-Time High.
Crude and condensate production in the US climbed to a record 13.1 million b/d in...
BP Brings On Stream First Oil And Gas Tieback To The ETAP Hub In 20 Years.
Production begins from BP-operated Seagull field in North Sea. BP safely starts up new field...
China’s Economic Woes Weigh On Oil Prices.
Oil prices are once again under pressure due to uncertainty about China’s economy, with the...
BP Reported Third-Quarter Earnings Of $3.3 Billions.
BP wrote down $540 million in the quarter in its wind power projects offshore New...