TNK-BP informs that the network of BP service stations has started accepting contactless MasterCard® PayPassТМ payments in Moscow and the Moscow Region.
\ExxonMobil, ConocoPhillips, BP and TransCanada, through its participation in the Alaska Pipeline Project, announced today that they are working together on the next generation of resource development in Alaska.
BP Russia and the Skolkovo Foundation are pleased to announce an agreement today to set up a major research collaboration with Russia’s Boreskov Institute of Catalysis, one of the world’s largest research centres, specialising in catalysis, and Imperial College London, one of the world’s leading universities.
BMI Western Europe Oil and Gas Insights
November 1, 2011
BMI View: BP's Q311 earnings were broadly in line with market expectations, but the announcement of an increase in asset divestments will allow it to fill the oil spill trust fund a year ahead of schedule, which should boost the company's cash flow.
BP PLC plans to invest as much as £700 million to further develop Kinnoull oil field on Block 16/23 in the central North Sea. The Kinnoull reservoir, which is estimated to contain 45 million bbl of oil equivalent, is considered the largest of three reservoirs being brought on as part of the Andrew Area developments project.
BP has reported that oil and gas production was down for the first half of 2011 year-on-year on the back of weaker gas demand and a disruptive infrastructure improvement program.
BP Exploration Alaska reported a spill of methanol and produced fluids at the Lisburne oil field on July 16. About 50-100 bbl of a methanol/produced fluid blend was spilled onto a gravel pad and a freshwater tundra pond, according to the company’s initial estimates. Lisburne field is part of Prudhoe Bay Unit.
On January 14, 2011 Rosneft and BP signed agreements to establish a joint venture to explore and develop the East-Prinovozemelsky 1-2-3 blocks on the Russian Arctic shelf, exchange 9.5% of Rosneft shares for a five percent stake in BP, and form a global strategic alliance between the companies. The term of the Rosneft-BP share swap agreement was set to expire on April 14, 2011.
The arbitral panel has today issued a consent order permitting BP and the Alfa-Access-Renova (AAR) consortium to assign the Arctic opportunity to TNK-BP, subject to Rosneft consent.
TNK-BP informs that the TNK-BP Board of Directors meeting scheduled for February 25th did not take place due to lack of a quorum, as the directors appointed by BP were absent.
A Halliburton Co. technician missed key signals that BP Plc’s doomed Macondo well was on the verge of blowing out because he was taking a smoking break, a federal investigative panel heard
BP has been awarded a 100 percent interest in the North Arafura oil and gas production sharing contract (PSC) in onshore Papua Province. The PSC was signed today in Jakarta by representatives of the Government and BP
Bridas Corp., the oil company owned by Chinese crude producer Cnooc Ltd. and Argentina’s billionaire Bulgheroni family, agreed to pay BP Plc $7.06 billion for the 60 percent it doesn’t already own of Pan American Energy LLC
TNK-BP informs that the network of BP service stations has started accepting contactless MasterCard® PayPassТМ payments in Moscow and the Moscow Region.
\ExxonMobil, ConocoPhillips, BP and TransCanada, through its participation in the Alaska Pipeline Project, announced today that they are working together on the next generation of resource development in Alaska.
BP Russia and the Skolkovo Foundation are pleased to announce an agreement today to set up a major research collaboration with Russia’s Boreskov Institute of Catalysis, one of the world’s largest research centres, specialising in catalysis, and Imperial College London, one of the world’s leading universities.
BP today announced that a Notification of Discovery for the Itaipu-2 pre-salt appraisal well 
Egypt's natural gas industry continues to grow, after two major players in the country have committed to further investment.
BMI Western Europe Oil and Gas Insights
BP PLC plans to invest as much as £700 million to further develop Kinnoull oil field on Block 16/23 in the central North Sea. The Kinnoull reservoir, which is estimated to contain 45 million bbl of oil equivalent, is considered the largest of three reservoirs being brought on as part of the Andrew Area developments project.
Sonatrach-BP-Statoil Association have signed a $213 million contract with the Japanese Group JGC for the optimisation of In Ain Amenas gas production.
The arbitral panel has today issued a consent order permitting BP and the Alfa-Access-Renova (AAR) consortium to assign the Arctic opportunity to TNK-BP, subject to Rosneft consent.
TNK-BP informs that the TNK-BP Board of Directors meeting scheduled for February 25th did not take place due to lack of a quorum, as the directors appointed by BP were absent.
A Halliburton Co. technician missed key signals that BP Plc’s doomed Macondo well was on the verge of blowing out because he was taking a smoking break, a federal investigative panel heard
The Algerian government has thrown a spanner into the works of BP's proposed sale of assets in the country to Russian partner TNK-BP
BP has been awarded a 100 percent interest in the North Arafura oil and gas production sharing contract (PSC) in onshore Papua Province. The PSC was signed today in Jakarta by representatives of the Government and BP
Bridas Corp., the oil company owned by Chinese crude producer Cnooc Ltd. and Argentina’s billionaire Bulgheroni family, agreed to pay BP Plc $7.06 billion for the 60 percent it doesn’t already own of Pan American Energy LLC
