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BP’s Lower 48 business changes name to BPX Energy, marking new era of growth HOUSTON – 31 October 2018 – BP has completed the $10.5 billion acquisition of BHP’s U.S. unconventional assets in a landmark deal that will significantly upgrade BP’s U.S. onshore oil and gas portfolio and help drive long-term growth. The acquisition – […]
ExxonMobil to be first founding member with five-year commitment Company researchers to collaborate with university students and faculty Initial focus areas to include bioscience; carbon capture, utilization and storage; water use and recycling SINGAPORE – Oct 31, 2018 –(BUSINESS WIRE)–ExxonMobil said today that it will contribute US$10 million over five years (S$14 million) to become […]
Delayed coker unit to convert heavy, higher sulfur residual oil into marine gasoil and diesel Will help meet demand for cleaner fuel oil required by the International Maritime Organization Part of initiative to strengthen competitiveness of company’s advantaged facilities in Europe SPRING, Texas – Oct 31, 2018 —(BUSINESS WIRE)–ExxonMobil said today that it has started […]
New North Sea development targeting 20 million barrels of oil equivalent Part of BP’s programme to develop satellite fields through existing hubs £230 million capital investment, to produce 12,000 barrels of oil equivalent a day HOUSTON – 22 October 2018 – BP today confirmed it has received approval from the Oil and Gas Authority (OGA) […]