Back to Kirkuk
bp looks set to return to the Kirkuk region of Iraq, five years after pulling out at the end of an earlier contract. In August, it said that it had signed a memorandum of understanding (MoU) with Iraq to negotiate an energy redevelopment programme for Kirkuk, covering power generation and new solar facilities, as well […]
bp to sell US onshore wind assets
bp has announced plans to divest bp Wind Energy, which operates nine onshore windfarms in six US states with 1.7 GW of gross installed capacity, and has a stake in Hawaii’s 25 MW Auwahi plant. The sale, which some industry analysts have estimated could be worth around $2 billion, is expected to be launched this […]
bp begins oil production from major new platform offshore Azerbaijan
bp, as operator of the Azeri-Chirag-Gunashli (ACG) project, announced the start-up of oil production from the new Azeri Central East (ACE) platform as part of the ACG field development in the Azerbaijan sector of the Caspian Sea. bp’s strategy is to invest in the energy system of today – such as in the development of […]
bp and Worley announce global strategic alliance across site projects
bp and Worley have formed a new strategic alliance focused on enhancing efficiency, continuous improvement and value creation across bp’s global Site Projects organisation. This alliance builds upon a successful, decade-long collaboration between the two companies. The alliance will improve capital efficiency in site projects saving an initial estimated US$40 million over two years in […]
bp simplifies organisational structure and announces executive team changes
bp is simplifying its organisational structure, supporting delivery of the priorities it set out in February 2024 to grow the value of bp. bp will continue to have three businesses – production & operations, gas & low carbon energy and customers & products – enabled by trading & shipping. The current regions, corporates & solutions […]
Murray Auchincloss confirmed as bp CEO
On 17 January bp announced that the bp board had appointed Murray Auchincloss as bp chief executive officer (CEO) with immediate effect. He had been interim CEO since September 2023. Murray’s appointment was made following a robust and competitive search process, carried out by the board over the previous four months with support from international search […]
Kate Thomson confirmed as bp CFO
On 2 February the board of bp announced that Kate Thomson had been appointed bp chief financial officer (CFO) and would join bp’s board, both with immediate effect. Kate had been interim CFO since September 2023. Helge Lund, bp chair, commented: “I am delighted to confirm Kate’s appointment as CFO and welcome her to the […]
It’s reports season
On 8 March bp published its Annual Report 2023 and Net Zero Ambition Progress Update and a week later came its Sustainability Report 2023. We would likely need a dozen more pages to even summarise the reports here, so it’s best that those who want to read all the details can do so at bp.com. […]
United Kingdom: bp pulse acquires one of Europe’s largest truck stops
Photo: Aerial shot of Ashford International Truckstop in Kent. bp pulse, bp’s electric vehicle charging brand, has acquired the freehold of one of the largest truck stops in Europe, Ashford International Truckstop in Kent, as part of its drive to support HGV fleets as they electrify. Strategically located off Junction 10 and 10a of the […]
Germany: bp grows its integrated energy offering to commercial and industrial customers in Europe
In January bp agreed to acquire GETEC ENERGIE GmbH, a leading independent supplier of energy to commercial and industrial (C&I) customers in Germany. The acquisition will materially expand bp’s European power and gas C&I supply presence, enabling it to deliver integrated energy solutions directly to existing and new customers in Germany and elsewhere in Europe. […]