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BP To Cease Production At Kwinana Refinery
BP Posts Q3 Loss Of $500 Mln, Says FY Organic Capex On Track For Revised Target
BP Starts Gas Production From Qattameya Field
BP p.l.c. is engaged in the global energy business with operations in Europe, North and South America, Australasia, Asia and Africa. The Company provides customers with fuel for transport, energy for heat and light, power for industry, and the petrochemicals products used to make everyday items such as paints, clothes and packaging. The Company's segments include Upstream, Downstream, Rosneft, and Other businesses and corporate. The Upstream segment is responsible for its activities in oil and natural gas exploration, field development and production. The Downstream segment has global marketing and manufacturing operations, and include the fuels, lubricants and petrochemicals business of the Company. Rosneft is the Company's Russian refining business that owns and operates approximately 13 refineries in Russia, and holds stakes in three refineries in Germany, one in India and one in Belarus.
Oil & Gas Operations
1 St. James's Square
Non-Executive Independent Chairman of the Board
Group Executive Officer, Executive Director
Chief Financial Officer, Executive Vice President - Finance
Chief Executive - Downstream
Executive Vice President - People and Culture
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BP plc <BP.L> plans to stop producing fuel in Australia and will convert its loss-making Kwinana oil refinery, the biggest of the country's four, into a fuel import terminal because of tough competition in Asia, the global major said on Friday.
BP plc plans to stop producing fuel in Australia and will convert its Kwinana oil refinery, the biggest of the country's four, into a fuel import terminal, thanks to tough competition in the Asian market, the global major said on Friday.
* BP's Australian rivals also consider shutting plants (Adds BP comments, details; paragraphs 2-6)
BP Plc <BP.L> began shutting offshore crude oil production in the U.S.-regulated Gulf of Mexico on Monday as it continues to evacuate workers ahead of Tropical Storm Zeta, the company said.
BP PLC on Monday said it has begun to shut-in production at its Gulf of Mexico platforms and assets ahead of Tropical Storm Zeta.
(This October 16 story corrects BP role to clarify it did not invest in plant)
BP Plc <BP.L> on Monday said it has redeployed offshore personnel to facilities in the deepwater Gulf of Mexico and is in the process of returning to normal operations and bringing production back online.
London stocks were subdued on Monday as a dip in oil prices hit energy stocks, while investors remained cautious with Prime Minister Boris Johnson expected to set out new measures to try to contain the growing coronavirus crisis.
BP Plc <BP.L> said on Monday that it is evacuating non-essential personnel from its four offshore platforms in the Gulf of Mexico as a precaution against Tropical Storm Delta.
(This Sept. 24 story, corrects projected U.S. shale output to likely struggling to achieve 7 million bpd by 2022 instead of likely falling by 4 million bpd in 2022, paragraph 4))
Fossil fuel consumption is set to shrink for the first time in modern history as climate policies boost renewable energy while the coronavirus epidemic leaves a lasting effect on global energy demand, BP said in a forecast.
BP Plc said on Sunday it evacuated non-essential workers from its Nakika and Thunderhorse platforms in the northeastern Gulf of Mexico because of the threat from Tropical Storm Sally.
BP Plc <BP.L> said on Sunday it evacuated non-essential workers from its Nakika and Thunderhorse platforms in the northeastern Gulf of Mexico because of the threat from Tropical Storm Sally.
BP entered the offshore wind market on Thursday with a $1.1 billion deal to buy 50% stakes in two U.S. developments from Norway's Equinor, a significant step by the oil firm towards its energy transition goals.
Norway's Equinor expects to book a profit of around $1 billion from its sale of a 50% stake in two U.S. offshore wind power developments to BP, a company executive told Reuters on Thursday.
Solar energy developer Lightsource BP, a joint venture of BP PLC <BP.L>, said on Thursday it had sold five solar energy projects to Statkraft Ireland.
Norway's Equinor <EQNR.OL> expects to book a profit of around $1 billion (768.52 million pounds) from its sale of a 50% stake in two U.S. offshore wind power developments to BP <BP.L>, a company executive told Reuters on Thursday.
BP Plc <BP.PLC> on Thursday said its preparing to return its Gulf of Mexico facilities to operations after shutting production due to tropical storm Marco and Hurricane Laura.
BP, Shell and Chevron Corp on Friday said they had begun evacuating offshore oil facilities, with two tropical cyclones heading toward the U.S Gulf of Mexico as the already active 2020 Atlantic hurricane season heats up further.
London's FTSE 100 dipped on Wednesday as lower oil prices dented trading in energy stocks, while investors digested a surprise rise in domestic inflation last month.
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