oil and gas Tag

BP has announced it will sever ties with three US industry lobby groups, citing disagreements with their climate policies. The oil and gas major will end its associations with the American Fuel and Petrochemical Manufacturers (AFPM), the Western States Petroleum Association (WSPA) and the Western Energy...

Brazil could soon become the latest member OPEC after its energy minister announced that discussions are set to begin regarding the country joining the global oil cartel. Bento Albuquerque said that talks would begin during a visit to Saudi Arabia - the group’s de facto leader...

Mexico’s state-run oil company Pemex announced on Friday the discovery of an oil field that could generate 500 million barrels of crude, making it the country’s biggest oil find in over 30 years. Pemex first discovered the Quesqui field, a 3P reserve, in the Southeastern state...

BP has increased its shareholding in the UK-based solar energy firm Lightsource BP, creating a simplified 50:50 joint venture structure. The oil major returned to the solar market by acquiring 43% of Lightsource in December 2017, which was subsequently rebranded to Lightsource BP. BP yesterday announced that...