BP CEO Murray Auchincloss says that the oil major is on the cusp of churning out much more cash than previously.

Its 2023 KM8 Project in Kirby Misperton, North Yorkshire, was the world's first successful attempt to produce geothermal energy from a repurposed oil and gas well. The firm says the system ...

Its 2023 KM8 Project in Kirby Misperton, North Yorkshire, was the world's first successful attempt to produce geothermal energy from a repurposed oil and gas well. The firm says the system produces ...

BP last week reported a 38% reduction in its combined Scope 1 and 2 emissions in 2024, compared to a 2019 baseline, bringing total emissions down to 54.5 million tonnes of CO2 equivalent. BP last week ...

In addition to the refinery, other major projects include the construction of an oil storage facility on Nipah Island, Riau Islands, to strengthen national energy security. He further underlined the ...

Amid falling domestic production and rising demand, Indonesia has had to import more crude oil and fuel to meet its consumption needs. The plan to boost refinery capacity by 1 million bpd reflects ...

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BP is returning to its core oil and gas business ... and low carbon technologies to around $5 billion in total after project financing for 2025-2027. The Norwegian major, which dropped ‘oil’ from its ...

On the night of March 9-10, Ukrainian drones carried out another attack on a Russian oil refinery, a source familiar with the matter in the Ukrainian intelligence services told Ukrinform. This time, ...

The refinery belongs to the Rosneft group. "Its capacity reaches 8.8 million tons of oil per year, making it one of the ten largest in Russia. The refinery produces a wide range of petroleum products, ...