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Around 1,400 offshore oil and gas workers in UK threaten strike over better job conditions and pay
The strike call by the offshore oil and gas workers is set to hit several rigs from March 29 and until June 7 in a series of 24, 48 and 72-hour stoppages.
Barnali Pal Sinha Mar 23, 2023
LNG industry's future remains uncertain despite dizzying profits
Global LNG industry to face challenges in the medium-to-long term says IEEFA, predicting that there will be "sustained high global LNG prices and declines in gas consumption in Europe".
Francesca Miller Mar 21, 2023
Higher Crude Prices Boost 'Big Oil' Profits To $80 Billion In 2018
Big Oil had a good year in 2018, helped mostly by higher oil prices.
Arthur Villasanta Feb 11, 2019
Killer of tattoo artist becomes father the day he is jailed for life
Mark Nesmith, from Coventry, was stabbed to death by Tyler Smith outside a BP garage in Butts Road, Spon End. Smith, 21, has been jailed for life with a minimum of 22 years.
William Watkinson Dec 23, 2017
Tycoon Jim Ratcliffe's outfit Ineos to buy Lausanne Football Club
Petrochemicals firm set to add a football club to its cacophonic asset sheet.
Gaurav Sharma Nov 13, 2017
Ineos takes control of Forties Pipeline System from BP
The 235-mile pipeline system, which delivers almost 40% of the UK's North Sea oil and gas production, has been sold by BP in a $250m (£188m) deal.
Karthick Arvinth Nov 01, 2017
BP sees quarterly profits double on higher oil prices
Oil and gas giant posts underlying replacement cost profit of $1.87bn in the third quarter, compared to a profit of $933m in the same period of 2016.
Karthick Arvinth Oct 31, 2017
Tycoon Jim Ratcliffe's Ineos' continues aggressive North Sea expansion as it seals Dong Energy deal
Petrochemicals company completes purchase of Danish firm's oil and gas business expanding its operations in the region.
Gaurav Sharma Sep 30, 2017
BP to list US pipeline company on New York Stock Exchange
Multimillion dollar IPO expected stateside as oil major bids to raise cash.
Gaurav Sharma Sep 11, 2017
BP predicts oil price to stay within $45-55 per barrel range in 2018
FTSE 100 company posts uptick in production and plans to launch massive project investment drive.
Gaurav Sharma Aug 01, 2017
Roughneck's best friend: Meet four-legged oil and gas industry 'cobot' ANYmal
As automation and robotics adoption rises in oil and gas business, mechanical creatures could herald changes.
Gaurav Sharma Jul 18, 2017
Oil industry must confront some after-party home truths following its triennial jamboree
Recognition of profound challenges the oil and gas sector faces was visible at the World Petroleum Congress but its actions not words that matter.
Gaurav Sharma Jul 16, 2017
Era of $100 oil price was an aberration says BP's Bob Dudley
Dudley tells IBTimes UK that digitisation and process optimisation will help BP break-even in the $30 range.
Gaurav Sharma Jul 12, 2017
Dismantling North Sea oil and gas rigs could cost UK taxpayers £60bn
Oil and Gas Authority warns the cost of decommissioning oil and gas projects could spiral out of control.
Dan Cancian Jun 29, 2017
FTSE Moves: Top flight shares hit record mid-session high boosted by rising oil stocks
Shares lift as Saudi Arabia and Russia agree to extend an agreement to cut oil output for a further nine months.
Roger Baird May 15, 2017
Higher oil prices help BP swing to first quarter profit
Oil giant reports 5% year-on-year increase in oil and gas production as it ramps up major new projects.
Dan Cancian May 02, 2017
BP to cut chief executive Bob Dudley's maximum pay by 30%
Dudley's potential maximum pay to be capped at around £12.2m for the next three years, reports say.
Karthick Arvinth Apr 04, 2017
FTSE Moves: London market struggles for direction as factory output cools
BP is a strong riser in the top flight after it sells North Sea pipeline to rival Ineos for $250m.
Roger Baird Apr 03, 2017
BP to sell Forties Pipeline System to tycoon Jim Ratcliffe's Ineos
Oil major and petrochemicals firm ink £200m deal giving the latter access to 40% of British crude production.
Gaurav Sharma Apr 03, 2017
FTSE Moves: Top fight shares shrug off first minister's call for a second Scottish referendum
London markets lifts as traders focus on expected US Federal Reserve interest rate rise later in the week.
Roger Baird Mar 13, 2017
FTSE Moves: London market jumps as BT agrees broadband unit deal with regulator
Top flight shares also lift on renewed bid speculation for oil giant BP.
Roger Baird Mar 10, 2017
FTSE Moves: Oil stocks drag London market lower
West Texas Intermediate crude falls below $50 for first time since December, prompting fears about world trade.
Roger Baird Mar 09, 2017
Meet Ahmed Hashmi: Oil and gas giant BP's point man for digital future-proofing
In an era of lower oil prices, BP is changing its whole approach to production optimisation, top executive tells IBTimes UK.
Gaurav Sharma Mar 08, 2017
Oil marginally up as BP, ConocoPhillips CEOs say they're gearing up for $50-60 crude price
Big Oil bosses say crude price is going nowhere, while Saudi minister says peak demand projections are misguided.
Gaurav Sharma Mar 07, 2017
Armed man dressed in shark onesie robs sweets from New Zealand petrol station
Two men raided the BP store and made off with a variety of confectionery.
Jordan Bhatt Mar 06, 2017
FTSE Moves: London market pauses for breadth while global stocks jump
Trader punished Cobham after the UK aerospace group warned on profits for the fifth time in less than two years.
Roger Baird Feb 16, 2017
FTSE Moves: London market struggles for direction as tensions mount over Greece's €86bn bailout
Thomas Cook one of the biggest fallers after posting £49m loss and says it is "cautious" about year ahead.
Roger Baird Feb 09, 2017
FTSE Moves: Top flight shares gain as pound weakens over Brexit uncertainty
Shares rose despite market heavyweight BP posting its second annual loss in a row.
Roger Baird Feb 07, 2017
BP posts annual loss for the second year in a row
Oil giant and the rest of the industry suffers amid weak oil prices.
Roger Baird Feb 07, 2017
Bosses don't deserve high-end salaries, study finds
Lancaster University found 'material disconnect' between performance and return on investment on bosses' pay.
Gaurav Sharma Dec 28, 2016
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