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Indonesia offers US $34B goods deal, including LNG, amid tariff talks

Indonesia offers US $34B goods deal, including LNG, amid tariff talks

- Proposed deal includes $15.4 billion in energy imports from US

03.07.2025 General

Saudi Arabia, Indonesia sign deals worth around $27B

Saudi Arabia, Indonesia sign deals worth around $27B

- Agreements span clean energy, petrochemical industries and aviation fuel services

03.07.2025 General

Indonesia begins $5.9B EV battery project

Indonesia begins $5.9B EV battery project

- Initiative projected to create approximately 8,000 jobs, facilitate construction of 18 supporting infrastructure developments

30.06.2025 General

Japan to propose cooperation on rare earth elements in US tariff talks: Report

Japan to propose cooperation on rare earth elements in US tariff talks: Report

- Tokyo seeks supply chain deal to ease China-driven shortages and accelerate tariff relief

06.06.2025 Natural Gas

bp assumes operatorship of Karabakh Oil Project in Caspian Sea

bp assumes operatorship of Karabakh Oil Project in Caspian Sea

- Under deal, bp acquires 35% stake in both RSA and PSA, with SOCAR retaining remaining 65%

03.06.2025 Oil

bp sells 25% of its stake in TANAP to Apollo

bp sells 25% of its stake in TANAP to Apollo

- Apollo Funds will invest about $1 billion for non-controlling shareholding in bp Pipelines

21.03.2025 Oil

Russia ready to assist Indonesia with oil, gas, nuclear energy projects: Envoy

Russia ready to assist Indonesia with oil, gas, nuclear energy projects: Envoy

- 'We are ready to be one of the suppliers of oil and gas, for example, LNG [liquified natural gas] and crude oil to Indonesia,' says Sergei Gennadievich Tolchenov

09.03.2025 Natural Gas Oil Energy Diplomacy

bp announces $10 billion annual investment plan in oil and gas

bp announces $10 billion annual investment plan in oil and gas

- Energy giant to keep annual spending on energy transition initiatives, including renewables, at $1.5-2 billion, a $5 billion reduction from previously announced investment levels

27.02.2025 Natural Gas Oil

Turkish President Erdogan heads to Indonesia on 2nd stop of Asia tour

Turkish President Erdogan heads to Indonesia on 2nd stop of Asia tour

- Erdogan departs Malaysia for Indonesia as part of 4-day diplomatic trip

11.02.2025 General

bp posts %35.5 drop in profit amid weaker margins, market volatility

bp posts %35.5 drop in profit amid weaker margins, market volatility

- bp net profits drops sharply in 2024 to $8.9 billion, down from $13.8 billion in 2023

11.02.2025 General

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bp to axe around 4,700 jobs as part of cost-cutting drive

bp to axe around 4,700 jobs as part of cost-cutting drive

-Oil major also plans to reduce its contractor workforce by additional 3,000 positions

16.01.2025 General

bp, Abu Dhabi’s XRG form joint venture for gas in Egypt

bp, Abu Dhabi’s XRG form joint venture for gas in Egypt

- New joint venture Arcius Energy 51% owned by bp and 49% by XRG, ADNOC's international investment arm

16.12.2024 Natural Gas Finance

Oil giants' profits slide 15.1% to $182.1 billion in January-September

Oil giants' profits slide 15.1% to $182.1 billion in January-September

- Oil majors' net revenues drop to $182.1 billion in first nine months of the year, down from approx. $214.5 billion in 2023

11.12.2024 Refining/Petro Chemistry

bp, Japan's JERA to form global offshore wind joint venture

bp, Japan's JERA to form global offshore wind joint venture

- Partners to invest up to $5.8 billion in projects committed before 2030

09.12.2024 Renewable

Energy giants pledge $500 million to tackle climate change

Energy giants pledge $500 million to tackle climate change

- bp, Equinor, Shell, and TotalEnergies committed $500 million at COP29 to enhance global energy access and advance sustainable energy solutions

15.11.2024 Finance

Apollo, bp sign $1B deal for Trans Adriatic Pipeline stake

Apollo, bp sign $1B deal for Trans Adriatic Pipeline stake

- Pipeline transports natural gas from bp-operated Shah Deniz gas field in Azerbaijan to markets in Europe such as Greece and Italy

17.09.2024 Natural Gas General

bp, Iberdrola invest in largest green hydrogen plant in Spain

bp, Iberdrola invest in largest green hydrogen plant in Spain

- Project awarded funding of €15 million from the Spanish Recovery, Transformation and Resilience Plan

13.09.2024 General

Shell reports 18.6% profit fall in 2Q24

Shell reports 18.6% profit fall in 2Q24

- Decline in company's second-quarter profit is driven by low prices and sales levels, as well as weak liquefied natural gas (LNG) trading

02.08.2024 Finance

Iraq, bp sign deal for development projects in Kirkuk oil fields

Iraq, bp sign deal for development projects in Kirkuk oil fields

- bp to rehabilitate and develop four oil fields in Iraq's Kirkuk region

01.08.2024 Oil

Energy company bp's Q2 profit beats market expectations

Energy company bp's Q2 profit beats market expectations

-bp attributes profit increase to average gas marketing and trading results, stronger fuel margins and reduced taxation

30.07.2024 Natural Gas Oil

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Bp reports almost 46% drop in net profit in 1Q24

Bp reports almost 46% drop in net profit in 1Q24

-Company earns around $2.7 billion in first quarter this year, compared to $5 billion in same quarter last year

07.05.2024 Oil

bp pulse acquires UK truck stop for Europe-wide EV charging network

bp pulse acquires UK truck stop for Europe-wide EV charging network

Company unveils plan to revamp UK site with mega-watt EV chargers for large goods vehicles, with aim to roll out first phase of chargers by 2026

14.03.2024 Electricity General

Bp's 2.3M tonne capacity LNG vessel arrives at its destination in Africa

Bp's 2.3M tonne capacity LNG vessel arrives at its destination in Africa

- FLNG vessel Gimi is core component of first phase development of Greater Tortue Ahmeyim (GTA) LNG project operated by bp and partners

15.02.2024 Lng/Lpg

Shell predicts over 50% surge in global LNG demand by 2040

Shell predicts over 50% surge in global LNG demand by 2040

LNG demand expected to reach around 625-685 million tonnes a year in 2040, says energy major Shell

14.02.2024 Lng/Lpg

Abu Dhabi’s ADNOC and bp to form new joint venture for gas in Egypt

Abu Dhabi’s ADNOC and bp to form new joint venture for gas in Egypt

bp to contribute its interests in three Egyptian development concessions, plus exploration agreements while ADNOC to make proportionate cash contribution

14.02.2024 Natural Gas

Norway's Aker BP reports 5% increase in income for 2023

Norway's Aker BP reports 5% increase in income for 2023

- Aker BP sees capital spending rise to $5 billion this year from $3.3 billion in 2023

08.02.2024 Oil Finance General

Mubadala Energy makes significant gas discovery in Indonesia

Mubadala Energy makes significant gas discovery in Indonesia

- Well produces over 30 million standard cubic feet per day of gas, company says

20.12.2023 Natural Gas

Petrol Ofisi to buy BP's fuel operations in Türkiye

Petrol Ofisi to buy BP's fuel operations in Türkiye

- Petrol Ofisi to expand its Turkish retail network by 770 stations to more than 2,700 sites upon regulatory approval

16.11.2023 Oil

Türkiye, Algeria expands partnership in energy

Türkiye, Algeria expands partnership in energy

- Sonatrach and BOTAS agrees to enhance their commercial relationship and explore new business opportunities

30.10.2023 Lng/Lpg

ADNOC Gas inks $500-700 million LNG agreement with JERA Global Markets

ADNOC Gas inks $500-700 million LNG agreement with JERA Global Markets

- 'This agreement marks a significant milestone in ADNOC Gas' long-standing strategic partnership with JERA Co., Inc.' says ADNOC's CEO

18.10.2023 Lng/Lpg

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