BP
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Iraq Close to Pipeline Deal With BP, Eni
EghtesadOnline: Iraq is close to reaching a deal with oil majors BP and Eni for an export pipeline project that was initially planned as part of a mega-deal with US energy giant ExxonMobil, according…
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'Plan to sell Rhum test for Trump’s Iran agenda'
EghtesadOnline: A plan announced by global energy giant BP to sell a gas field it jointly owns with Iran is being viewed by experts as a litmus test for Washington’s policy toward Tehran.
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Iran Readying 14 Oil, Gas Exploration Tenders
EghtesadOnline: Iran is readying its first round of oil and gas exploration tenders since the easing of economic sanctions in Jan. 2016, hoping to attract the likes of BP and Gazprom, an Iranian…
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BP to Decide Future Role in Southern Ahvaz Oilfield
EghtesadOnline: Energy giant BP is expected to announce whether or not it wants to play a role in developing Ahvaz Oilfield in Khuzestan Province after evaluating a contractual model proposed…
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BP announces annual income from joint gas field with Iran in North Sea
EghtesadOnline: BP Company in its 2016 annual report pointed to receiving license to continue activities in Rhum gas field in the North Sea (joint gas field with Iran), announcing that it had…
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BP Licensed to Operate Rhum Gas Field With Iran
EghtesadOnline: BP and Iran's state-run oil company received a license from the US Treasury last year to operate their joint gas field in the North Sea following the lifting of international…
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OPEC Output Cuts End Big Oil’s Trading Bonanza
EghtesadOnline: The oil-trading boom that cushioned the profits of Royal Dutch Shell Plc and BP Plc through the price slump of 2015 and early 2016 is over.
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Iran Signs Spot Contracts With Shell, BP
EghtesadOnline: The National Iranian Oil Company has signed new spot oil export contracts with BP and the Anglo-Dutch Royal Dutch Shell to provide them with oil and gas condensates, director…
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NISOC says negotiations underway with foreign companies for cooperation
EghtesadOnline: Negotiations are underway between National South Oil Company and foreign oil executives including BP, Argentine oil company, Chinese Sinopec and CNPC of China for cooperation,…
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In mammoth task, BP sends almost three million barrels of U.S. oil to Asia
EghtesadOnline: Oil major BP is shipping almost three million barrels of U.S. crude to customers across Asia, pioneering a lengthy and complex operation likely to become more popular after OPEC…
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BP Profit Slides on Weaker Refining, Oil-Production Loss
EghtesadOnline: BP Plc reported a 49 percent decline in third-quarter earnings after crude prices fell, refining margins shrank and its exploration and production division posted a loss. Shares…
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Shell's earnings beat Exxon as oil majors adapt to low prices
EghtesadOnline: Royal Dutch/Shell and BP on Tuesday joined peers in reporting higher than expected earnings by making further deep cuts in spending to cope with an oil price downturn now in its…
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BP, Shell Help Lift Oil-Trading Profitability to 6-Year High
EghtesadOnline: The trading arms of Royal Dutch Shell Plc and BP Plc enjoyed their best year ever in 2015, helping push the combined gross margins of oil merchants to a six-year high, according…
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Shell and BP testing water to resume commercial engagement with Iran: British oil expert
EghtesadOnline: British oil expert Chris Cook said that Shell and BP are testing water to resume full commercial engagement with the Islamic Republic.
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Oil Major BP Buys First Iranian Oil Since Sanctions Eased
EghtesadOnline: Iran’s state-owned oil company sold condensate to BP Plc for the first time since sanctions were lifted in January, marking the country’s re-emergence as one of the world’s top…
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Iran sells ultra light oil to BP for first time
EghtesadOnline: Iran has started the gas condensate (ultra light crude oil) sell to BP in the form of spot cargo, Mohsen Ghamsari, director of international affairs at National Iranian Oil Co…
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Abu Dhabi to Combine Two Offshore Oil, Gas Units Amid Price Drop
EghtesadOnline: Abu Dhabi National Oil Co. will combine two offshore oil and natural gas ventures operated with partners including BP Plc and ExxonMobil Corp., as the U.A.E. producer takes measures…