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Lukoil and BP eye Iraq upstream exit
Ismael said in a video posted to the oil ministry's Facebook page late yesterday that Lukoil has sent him a notification to sell its stake in the 13 bn bl West Qurna 2 field and that BP wanted to pull out of Rumaila, Iraq's single biggest producing field with a capacity of nearly 1.5mn b/d.
read more... 05/07/2021
Eni, BP in talks over oil and gas assets in Algeria
BP and Eni are in talks over the future of their oil and gas assets in Algeria as the two groups increase efforts to refocus their businesses to tackle falling margins, rising debt and climate pressures, three sources said.
read more... 01/06/2021
UK's first carbon auction clears at GBP43.99/mt
The UK's first sale of carbon allowances under its Emissions Trading System cleared at GBP43.99/mt ($62.26/mt) May 19, according to auction host ICE Futures Europe.
read more... 20/05/2021
UK's first carbon auction clears at GBP43.99/mt
The UK's first sale of carbon allowances under its Emissions Trading System cleared at GBP43.99/mt ($62.26/mt) May 19, according to auction host ICE Futures Europe.
read more... 20/05/2021
bp, Iberdrola and Enagás to build green hydrogen project at Spanish refinery
Oil giant bp, Spanish utility Iberdrola and energy company Enagás have announced a partnership to explore the feasibility of the development of the largest green hydrogen project at a refinery in Valencia, Spain.
read more... 29/04/2021