BPX Energy Inc.
Editor's note: Updated Jan. 22, 2021.
BP wants to boost its LNG portfolio to 25 mtpa by 2025 under a plan dubbed “25-by-25,” upping its portfolio by 9% compared to 2023, CEO Murray Auchincloss said during the company’s webcast with analysts.
As Haynesville E&Ps look to add scale and get ahead of growing LNG export capacity, Tellurian’s Louisiana assets are expected to fetch strong competition, according to Energy Advisors Group.
Despite swirling rumors that Chesapeake Energy is on the hunt for major M&A, CEO Nick Dell'Osso said the natural gas producer isn’t in a hurry to make a deal.
BP remains focused on its transformation into an integrated energy company, interim CEO Murray Auchincloss said during a quarterly webcast, ruling out M&A for now despite reports the company was seeking joint venture partners.
U.K.-based energy giant BP Plc looks to deliver on two important fronts by 2025 as it brings online more hydrocarbon production and boosts LNG supply.
BPX Energy, which operates in the Permian-Delaware, continues to eye the start-up of its second Permian processing facility, Bingo, in the third quarter of 2023.
BPX Energy’s electrification efforts in the Permian Basin and the installation of centralized handling facilities are part of the operator’s roadmap to net zero emissions.
Here’s a roundup of the latest E&P headlines including first gas offshore Egypt and FEED updates in the upstream oil and gas industry.
BPX Energy President Jack Collins said the company is planning to power 95% of its Permian Basin operations with electricity this year and is drilling an exploratory well for its carbon capture business.
Four years after picking up a Haynesville, Eagle Ford and Delaware Basin package for $10.5 billion, BPX Energy is delivering $1 billion a year in free cash flow to parent BP Plc. CEO Dave Lawler spoke with Oil and Gas Investor Executive Editor-at-large Nissa Darbonne on the company’s 2022 outlook and more.
BPX Energy is driving innovation in the Haynesville Shale by thinking differently and “smarter,” executive Kyle Koontz told DUG Haynesville attendees.
Hear BPX's chief development officer is developing its coveted Haynesville position since its acquisition in 2018.
The Permian Basin tops this week’s oil and gas drilling activity highlights from around the world including a Third Bone Spring Sand wildcat completion by an affiliate of ConocoPhillips and a Yoakum County, Texas, San Andres producer.
With this certification, BP becomes the latest major international energy producer to differentiate its natural gas through MiQ.