Latest news
BP allocates $5 bn to Gulf oil spill claimants
The British energy giant, BP has set up a fund through which it has paid more than 5 billion US dollars in claims to victims of last year's devastating oil spill in the Gulf of Mexico.
read more... 25/08/2011
BP decreased daily oil and gas production in Azerbaijan
The oil giant, BP has cut its oil and gas production in Azerbaijan in the first semester of 2011, following a weaker demand over the summer time and an infrastructure improving program.
read more... 23/08/2011
Scottish Power grid upgrade to create 1,500 jobs
The energy supplier Scottish Power envisages modernizing 500 miles of overhead lines in the next ten years, as Spanish power utility Iberdrola plans to invest GBP 3 billion (EUR 3.411bn) in the upgrade of Scottish power grid.
read more... 18/08/2011
BP awarded two deepwater blocks in Trinidad and Tobago
According to BP’s announcement, the British giant was awarded new exploration and production rights off the eastern coast of Trinidad and Tobago, giving it a 100 percent interest in two deepwater blocks, identified as 23(a) and TTDAA 14.
read more... 26/07/2011
BP hit by another oil spill in Alaska
BP reported a new oil leak in Alaska, thing which could definitely break its reputation, already hit after US Deepwater Horizon disaster in 2010.
read more... 20/07/2011