The Oil Market Is Experiencing A Complex Mix Of Pressures And Uncertainties.
Oil prices have recently declined, with reports indicating a drop to near their lowest levels...
Oil & Gas Discoveries
The global oil industry saw approximately 120 oil and gas discoveries in 2024, the overwhelming...
Back To Petroleum
BP held its Investor Day on February 26, 2025, in London, where CEO Murray Auchincloss unveiled a “fundamental reset” of…
The Troubled Energy Transition
The fundamental objective of the energy transition is to replace most of today’s energy system...
The World Is Entering A New Age Of Electricity.
Growth in global electricity demand is set to accelerate in the coming years as power-hungry...
Offshore Egypt: BP Begins Production At Raven Phase 2
BP has started production from the second development phase of the Raven field offshore Egypt. ...
Laying The Foundations For Growth.
BP reported the following key financial highlights for 2024. BP announced a profit of $3...
China’s LNG Import Scenario
China has imposed retaliatory tariffs on U.S. goods following new U.S. tariffs on Chinese imports....
Energy Delusions
The International Energy Agency (IEA) has recently come under scrutiny for its energy forecasts, particularly...
Trumps Tariffs Revive Oil Market
Oil prices jumped on Monday after U.S. President Donald Trump imposed tariffs on Canada, Mexico...