07.12.2017
- Grangemouth, Scotland, home to now-Swiss olefins and polyolefins giant Ineos and before that a base for British oil multinational BP, has had a mixed relationship with chemicals...
22.11.2017
- The increasingly acquisitive Ineos is pumping more money into the search for offshore oil and gas reserves in the North Sea. In its latest move, the Swiss-based chemical producer...
20.07.2017
- The European Commission has approved Ineos’ acquisition of BP’s North Sea pipelines for up to $250 million. The deal includes the Forties Pipeline System (FPS) that links 85 oil...
22.06.2017
- Leading international companies including ExxonMobil, Total, BP, Johnson & Johnson and Procter & Gamble among others, have joined a US campaign against climate change that was...
11.04.2017
- Oil and petrochemicals giant BP has revealed that it cut the annual salary of CEO Bob Dudley by 40% in 2016, from $19 million to $11.6 million, and reduced the maximum amount the...
06.04.2017
- A joint venture between BP and DuPont has acquired US biofuels company Nesika Energy for an undisclosed sum. The deal includes Nesika’s ethanol facility in Scandia, Kansas, USA...
04.04.2017
- As widely expected, Ineos has clinched a deal with BP to buy the Forties Pipeline System (FPS) that transport 575,000 bbl/d of oil from the UK’s first major offshore oil field...
31.03.2017
- UK energy giant BP will invest more than $25 million over two years in a consortium that will build and operate a wood elements acetylation plant in Hull, UK. The new company...