SLB OneSubsea awarded subsea boosting contract for bp’s Kaskida project in Gulf of Mexico
HOUSTON--(BUSINESS WIRE)--SLB (NYSE: SLB) today announced the award of a contract by bp to its OneSubsea joint venture for a subsea boosting system...
Refiner Phillips 66 reports lower third-quarter profit on weak fuel demand
Phillips 66 exceeded profit forecasts in Q3, driven by strong chemicals and midstream performance, despite declining refining margins
Norway’s wealth fund falls short on climate ambitions, NGO says
Norway’s $1.8T wealth fund missed climate goals, backing only 4 of 21 key shareholder proposals on emissions targets in 2024.
Italy’s Eni and BP resume onshore drilling in Libya after 10-year hiatus, NOC says
Eni and BP will resume drilling and exploration in Libya, 10 years after conflict in the country stopped their activities in the North...
Amazon Announces New Fuel Savings Offer for Prime Members
SEATTLE--(BUSINESS WIRE)--Amazon (NASDAQ: AMZN) today announced that Prime members can now save $0.10 per gallon at approximately 7,000 bp, Amoco, and ampm gas...
BP weighs sale of minority stake in offshore wind business, sources say
BP paused investments in new offshore wind projects, Reuters reported in June. Last month, BP said it plans to sell its U.S. onshore...
Norway court rejects environmental injunction against oil and gas fields
A Norway court ruled in favor of the government, rejecting activists' bid for a temporary halt on three oil and gas fields.
Washington state’s landmark climate law hangs in the balance in November
A landmark Washington law cutting carbon emissions may be repealed by voters just two years after taking effect.
BP’s refining business sees lower margins as global oil demand stalls
BP follows Shell in reporting a drop in margins after the companies’ refining businesses suffered a downturn in global demand.
