BP is set to sell its global petrochemicals business to London-headquartered INEOS in a deal worth $US5 billion ($7.27 billion).
Contract agreements for Australian projects
Despite the impacts following COVID-19 and some projects facing delays as a result, many projects in Australia are still pushing …
Chevron puts North West Shelf stake up for sale
Chevron Australia is willing to offload its non-operating 16.67 per cent interest in the North West Shelf project in Western …
BP flags green response to COVID-19
BP has foreshadowed the prospect of COVID-19 having an enduring impact on the global economy as the company plans to …
BP to cut 10,000 jobs by end of year
BP chief executive officer Bernard Looney has announced that the company will begin a process of cutting 10,000 jobs following the …
Worley continues international relationship with BP
Worley has secured two agreements to provide services to BP’s global offshore developments.
BP focuses on net zero despite profit loss
BP remains determined to perform with purpose and is committed to delivering its net zero ambition despite rising cost pressures …
BP, Santos achieve carbon agreement
An agreement has been entered by BP and Santos that could lead to a $20 million investment from the British …
BP plots transformation to net zero company by 2050
BP has set a goal to become a net zero company by 2050, assisting the world to also reach this …
Oil and gas discoveries hit four-year high
Oil and gas companies discovered 12.2 billion barrels of oil equivalent (boe) in 2019, the highest volume since 2015, according …