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China to Exceed Europe to Become The Largest Energy Importer in The World by 2035

Jan 21, 2014

China is expected to exceed Europe to become the largest energy importer in the world by 2035, said a report issued by British oil giant BP. The annual Energy Outlook 2035 report released on Wednesday forecast global energy consumption to ...

Tags: Oil Consumer, Energy Importer

Libya's Domestic Ructions May Put Paid to BP's Hopes of Becoming a Leading Oil Producer

Nov 12, 2013

Libya’s domestic ructions may have put paid to BP’s hopes of becoming a leading oil producer in the country. As The Wall Street Journal’s Benoît Faucon reports, the British oil major is in talks to relinquish control ...

Tags: Gulf Coast Prices, Shale

Total Investment in Britain's' Oil and Gas Industry Is Expected to Reach 13.5bn Pounds

Aug 22, 2013

Total investment in Britain's' oil and gas industry is expected to reach 13.5 billion pounds (about 21 billion US dollars) this year, hitting an all-time high, said the industry group Oil & Gas UK in its annual economic report issued on ...

Tags: Oil, Gas, Metallurgy, Mineral, Energy

The UK's Leading Trade Association Supplies and Services on Thursday

Feb 18, 2013

The UK’s leading trade association for oil and gas supplies and services on Thursday concluded its first mission to the Kurdistan Region. Dr Ashti Hawrami, the Kurdistan Regional Government’s Minister of Natural Resources, met ...

Tags: KRG, Hawrami, UK Energy Delegation

BP Agreed to Sell Its Stake in China's Yacheng Gas Field

Dec 27, 2012

AFP quoted British oil giant BP saying that it had agreed to sell its stake in China's Yacheng gas field to the state owned Kuwait Foreign Petroleum Exploration Company as part of a divestment program. BP said that it has agreed the sale ...

Tags: BP, China gas, South China Sea, Yacheng gas

BP's CEO Robert Dudley Will Help Oversee Russian Oil Giant Rosneft's Integration

Dec 26, 2012

Rosneft reported that British oil major BP’s CEO Robert Dudley will help oversee Russian oil giant Rosneft’s integration with TNK-BP to help introduce best international business standards, the companies said in a statement on ...

Tags: oil giant, oil, BP Chief, Smooth Rosneft, TNK-BP

TNK-BP Won a Tender to Buy One of Russia's Last Three Major Unexploited Oilfields

Dec 14, 2012

RIA Novosti reported that Russian British oil JV TNK-BP has won a tender to buy one of Russia’s last three major unexploited Soviet era oilfields in a deal likely to benefit oil giant Rosneft. The Federal Subsoil Agency said that ...

Tags: RIA Novosti, oilfields, Rosnef, oil industry

RIA Novosti : Shares in Russian British Oil Major TNK-BP Jumped 6%

Dec 13, 2012

RIA Novosti reported that shares in Russian British oil major TNK-BP jumped 6% after Mr Igor Sechin CEO of Rosneft said his company plans to keep the brand following its acquisition by Rosneft. Mr Sechin said earlier that his company ...

Tags: British oil, steel scrap price, buy steel pipe, iron ore price news

Mr Sechin Who Has Led Rosneft Since 2004

Dec 12, 2012

RIA Novosti reported that Mr Igor Sechin CEO of Russia's largest oil company Rosneft was elected to its board of directors at a shareholders meeting. Mr Sechin who has led Rosneft since 2004 while being a deputy prime minister in charge ...

Tags: russian, company directors, board of directors, oil gas industries

Rosneft Could Sign a Final Binding Agreement

Dec 12, 2012

RIA Novosti reported that Rosneft, Russia's largest state owned oil company, could sign a final binding agreement with the AAR consortium to buy its 50% stake in Russo British oil venture TNK BP as soon as December. Mr Igor SechinCEO of ...

Tags: bp oil, bp refinery, bp gas stations, bp solar

Rosneft Has Secured USD 30 Billion in Loan Commitments Including USD 7.5 Billion

Dec 6, 2012

RIA Novosti reported that Russia's largest oil company Rosneft has secured USD 30 billion in loan commitments including USD 7.5 billion in long term loans from a syndicate of international banks to finance the purchase of TNK-BP. Rosneft ...

Tags: oil company, Rosneft, BP, oil

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