Keyword: BP

News

Pipeline Crack Curbs UK Feedstock Supply

13.12.2017 - Forties Pipeline, which pipes oil and gas from the UK’s North Sea oil and gas fields to onshore energy providers and the mammoth Ineos complex at Grangemouth, Scotland, could be...

News

Vision for Chemicals in Grangemouth

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...

News

Ineos buys more Offshore Gas Licenses

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...

News

Commission Clears Ineos-BP Pipeline Deal

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...

News

Multinationals Back US Climate Leadership Council

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...

News

BP Chief Faced 40% Pay Cut in 2016

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...

News

BP/DuPont JV Buys Nesika Energy

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...

News

Ineos Takes BP Pipeline for $250 Million

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...