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bp Q2 profit falls to $2.35B, beating forecast

- Oil major sees strong operational, strategic performance, proceeds from divestments nearing $3B, says CEO

05.08.2025 Finance

JERA, bp launch joint venture on offshore wind

- Joint venture has potential to generate 13 GW

04.08.2025 Renewable

bp names Albert Manifold as new chair, succeeding Helge Lund

- Manifold to join bp's board as non-executive director and chair-elect on Sept. 1 and formally take over as chair on Oct. 1, oil major says

21.07.2025 General

bp agrees to sell US onshore wind business to LS Power

- Deal is expected to close by end of 2025, pending regulatory approvals

18.07.2025 Renewable

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

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

21.03.2025 Oil

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

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

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

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

16.12.2024 Natural Gas Finance

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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

- 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

- 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

- 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

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

13.09.2024 General

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

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

30.07.2024 Natural Gas Oil

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

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

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

Kazakhstan starts construction of first nuclear power plant

US ready to fund viable nuclear energy projects in Türkiye, official says

Türkiye's Akkuyu nuclear plant attracts investor interest as energy production nears

Akkuyu Nuclear says commissioning underway for 1st reactor unit

Türkiye says power system strong amid European blackout

Türkiye's daily power consumption down 1.8% on April 26

Türkiye's daily power consumption up 16.7% on May 22

Türkiye's daily power consumption increases 1.2% on May 10

Global consortium launches study on carbon capture hubs to support Asia's decarbonization

Global coal demand to remain on a plateau in 2025 and 2026: IEA

Türkiye says power system strong amid European blackout

Global carbon emission storage facilities double in 5 years

Spot market natural gas prices for Tuesday, Nov. 5

Global natural gas investments to reach almost $9 trillion by 2050

Spot market natural gas prices for Thursday, Jan. 5

Turkish president announces more gas reserves found in Black Sea

Spot market natural gas prices for Thursday, April 17

Türkiye's natural gas imports up 17.7% in October

Costs double as oil and gas discoveries decline in global markets

Global gas production to increase by around 32% by 2050

US approves additional LNG exports to non-FTA countries

More LNG supply is expected in 2026 supporting rising gas demand: IEA

Türkiye's LPG production up 10.1% in April

European energy markets face volatility in 2H25 amid tight LNG supply

Oil production in Türkiye's eastern region breaks first record in 2024

Oil up in w/e Dec. 15 on demand optimism, central bank interest rate decisions

US crude oil inventories down 1% for week ending Dec. 8

US oil rig count up for week ending Dec. 8

Türkiye, Iraq begin talks on new oil transport deal

US oil rig count down by 8 for week ending May 23

US oil rig count down by 6 for week ending June 28

Oil dives as weak US inflation data dashes hopes for interest rate cuts

US oil rig count down by 9 for week ending April 11

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

Oil prices up on expectations of supply delay from OPEC+, recession fears in US

Oil prices rise in week ending Aug.30 amid falling US inventories

Türkiye's renewable energy peaks in June

Global offshore wind capacity hits 83 GW, powering 73 million homes

Türkiye's installed wind power capacity soars 177% in decade

Global wind power capacity sees record growth in 2024

Citicore secures $77M loan for 125-MWp solar project in Philippines

Türkiye's renewable energy peaks in June

Turkish firm to invest $520 million in high-efficiency solar equipment production

Candidate region selected for Türkiye's first YEKA floating solar power plant

Türkiye's Yusufeli Dam supplies power to 2.5 million people annually

Global renewables capacity more than doubles in a decade as hydropower remains top source

Google and Brookfield sign $3B US hydropower deal to support clean energy goals

Türkiye leads Europe with highest rise in hydropower capacity

Highlights of Türkiye's energy market in 2024

Climate crisis to push 150M more Africans into poverty by 2050, experts warn

Taiwan starts drilling of 1st deep geothermal well

Türkiye sets new record for daily power consumption with 1.34% increase on July 9

India's oil import bill set to soar as US tariffs pressure Russian crude purchases

bp Q2 profit falls to $2.35B, beating forecast

Türkiye-UK trade deal could set global example: British envoy

EU energy imports from US to rise 2.5 times under new deal

Türkiye's daily power consumption down 1.3% on July 31

OPEC+ agrees to extend group-wide output cuts into 2025

Libya Energy & Economic Summit 2024 to kick off in Tripoli

OPEC+ countries announce daily voluntary output cuts by 2.2 million barrels

Brazil joins OPEC+ as group confirms 3.6 million barrels per day output cut

Spot market electricity prices for Sunday, Dec. 3

ExxonMobil drills first lithium well in Arkansas in aim to become major player in EV sector

Spot market electricity prices for Thursday, June 8

High rollout of electric vehicles could earn UK drivers £6.5B more by 2035

Spot market natural gas prices for Friday, Dec. 1

Turkey's daily power consumption down 0.77% on Oct. 23

Russian Lukoil starts Chashkino gas-turbine power plant

Gazprom posts 26% loss in 1H20

Global offshore wind capacity hits 83 GW, powering 73 million homes

Global energy transition requires $21.4T investment in power grids by 2050

Global renewable energy capacity surges 377% over past decade

Chinese JTPV, Turkish Schmid Pekintas to build 5 GW solar cell factory in Türkiye

Türkiye's LPG production up 12.4% in March

Türkiye's LPG production down 4.3% in December 2024

Türkiye's LPG production down 25% in April 2024

Türkiye's LPG production up 15% in December 2023

EU gas imports to fall 25% by 2030 as bloc exceeds demand reduction targets

Former Lithuanian FM warns Russia's shadow fleet threatens EU security

Turkmen natural gas set to reach Türkiye on March 1