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United Kingdom

Ron Bousso

BP rig zigzags North Sea in chase with Greenpeace ship

5:37pm BST

LONDON A BP drilling rig heading to an oilfield in the British North Sea has been forced to turn away twice over the past two days as a Greenpeace vessel protesting climate change tries to hamper its progress.

Gushing European energy IPO pipeline faces muted investor appetite

14 Jun 2019

LONDON Europe's oil and gas sector is building up a crowded pipeline for stock market flotations, but investor appetite is limited given painful experiences after the last oil price crash and a backlash against fossil fuels.

BP raises Saudi oil reserves 12% in first big change in 30 years

11 Jun 2019

LONDON BP has raised estimates for Saudi Arabia's crude oil reserves by 12%, marking the first major change to the country's estimated reserves since 1989.

Erratic weather boosts energy demand, denting climate goals - BP

11 Jun 2019

LONDON Extreme temperatures around the globe drove a sharp acceleration in energy demand and carbon emissions last year, oil giant BP said on Tuesday, issuing a stark warning that the world risks losing the battle against climate change.

BP relaunches Shearwater oilfield sale after Shell talks end - sources

07 Jun 2019

LONDON BP is again seeking buyers for its stake in the Shearwater oilfield in the British North Sea after talks with Royal Dutch Shell fell through, industry and banking sources said.

BP relaunches Shearwater oilfield sale after Shell talks end - sources

07 Jun 2019

LONDON, June 7 BP is again seeking buyers for its stake in the Shearwater oilfield in the British North Sea after talks with Royal Dutch Shell fell through, industry and banking sources said.

Shell plans to boost returns and become a force in power

04 Jun 2019

LONDON Royal Dutch Shell outlined plans on Tuesday to boost shareholder returns after 2020, while also increasing spending on oil, gas and power, as it capitalises on years of cost cutting to prepare for a lower carbon future.

BP agrees to sell Egyptian oil assets to Dubai's Dragon Oil

03 Jun 2019

LONDON BP said on Monday it had agreed to sell its interests in the Gulf of Suez oil concessions in Egypt to Dubai-based Dragon Oil for an undisclosed sum.

Exclusive: Total seeks to reduce stake in giant Kashagan oilfield - sources

24 May 2019

LONDON/MOSCOW France's Total is seeking to sell part of its stake in Kazakhstan's giant Kashagan oilfield to raise up to $4 billion, four banking sources said.

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