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BP PLC (BP.L)

BP.L on London Stock Exchange

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Latest Key Developments (Source: Significant Developments)

BP starts production from Khazzan field in Oman ahead of schedule
2:35am EDT 

Sept 25 (Reuters) - BP Plc :BP PLC - ‍BP STARTS PRODUCTION FROM GIANT KHAZZAN GAS FIELD IN OMAN AHEAD OF SCHEDULE AND UNDER BUDGET​.BP PLC - ‍EXPECTS TO START-UP SEVEN UPSTREAM MAJOR PROJECTS IN 2017​.BP PLC - THE 7 PROJECTS ARE EXPECTED TO MAKE A CONTRIBUTION TO 800,000 BOEPD OF PRODUCTION FROM NEW PROJECTS THAT BP EXPECTS TO ADD BY 2020..BP PLC - ‍PHASE 1 OF KHAZZAN EXPECTED TO PLATEAU AT 1 BILLION CUBIC FEET OF GAS PER DAY (BCF/D)​.BP PLC - ‍ONCE SECOND PHASE OF KHAZZAN IS FULLY UP AND RUNNING PRODUCTION IS EXPECTED RISE TO 1.5 BCF/D​.BP PLC - APPROXIMATELY 300 WELLS ARE EXPECTED TO BE DRILLED OVER ESTIMATED LIFETIME OF KHAZZAN FIELD.  Full Article

San Francisco, Oakland sue five companies ​over costs of climate change
Wednesday, 20 Sep 2017 01:15pm EDT 

Sept 20 (Reuters) - City Attorney of San Francisco::San Francisco and Oakland sue Chevron, ConocoPhillips, Exxon, BP, Royal Dutch Shell​‍ ​over costs of climate change.  Full Article

BP begins providing natural gas to Mexico​
Tuesday, 19 Sep 2017 10:22am EDT 

Sept 19 (Reuters) - Bp Plc :‍BP BEGINS PROVIDING NATURAL GAS TO MEXICO​.BP ENERGÍA MÉXICO STARTED TO DELIVER APPROXIMATELY 200,000 MMBTU/D OF NATURAL GAS IN EIGHT STATES IN MEXICO.  Full Article

Victor announces signing of strategic investment agreement with BP ventures
Tuesday, 19 Sep 2017 07:08am EDT 

Sept 19 (Reuters) - BP PLC ::On-Demand B2C jet charter platform, Victor, announces signing of a strategic investment agreement with BP Ventures, BP's investment arm​.BP Ventures has committed to invest $10 million as lead investor to Victor's series B fundraising round, raising total funds to $20 million.  Full Article

ArcLight Capital and BP expand west coast midstream collaboration
Thursday, 14 Sep 2017 04:01pm EDT 

Sept 14 (Reuters) - Arclight Capital Partners::Arclight Capital Partners- One of affiliates acquired 30% interest in entity that owns olympic pipeline from Arco Midcon LLC,affiliate of BP Pipelines.‍Arclight Capital Partners - Granted transmontaigne partners right of first offer to purchase co's interest in entity that owns olympic pipeline​.‍Arclight Capital Partners - BP Pipelines (North America) Inc. will continue to operate pipeline under a multi-year operating agreement​.  Full Article

BP Midstream Partners Lp files for IPO of up to $100 mln common units
Monday, 11 Sep 2017 07:11am EDT 

Sept 11 (Reuters) - BP Plc :BP Midstream Partners Lp files for IPO of up to $100.0 million of common units representing limited partner interests - SEC filing‍​.BP Midstream Partners Lp says intends to apply to list its common units on the New York stock exchange under the symbol “BPMP.” ‍​.‍BP Midstream Partners Lp​ says Citigroup, Goldman Sachs & Co Llc, Morgan Stanley, Barclays, Credit Suisse and JP Morgan are among underwriters to IPO.‍BP Midstream Partners-UBS Investment Bank,BofA Merrill Lynch,Deutsche Bank Securities,Mizuho Securities,MUFG,BNP Paribas also among underwriters to IPO.‍BP Midstream Partners Lp​ - proposed IPO price is an estimate solely for purpose of calculating SEC registration fee.  Full Article

ACCC proposes to authorise roll out of Woolworths discount programs to participating BP sites
Monday, 28 Aug 2017 07:32pm EDT 

Aug 29 (Reuters) - Australian Competition and Consumer Commission:issued a draft decision proposing to grant conditional authorisation to a commercial alliance between BP Australia Pty Ltd, BP resellers, and Woolworths.expects to release its final decision in October 2017.considers that fuel discount offers in excess of 4 cents per litre could have longer-term effects on structure of retail fuel markets.authorisation would allow participating BP service stations to accept Woolworths shopper dockets and participate in Woolworths loyalty program.has not taken into account any detriments from a lessening of competition as part of its assessment of authorisation applications..ACCC is proposing to grant authorisation on condition that parties not offer fuel discounts from shopper dockets & loyalty scheme in excess of 4 cents per litre in total.  Full Article

KBR awarded contracts for BP's Tortue project
Thursday, 17 Aug 2017 05:52am EDT 

Aug 17 (Reuters) - KBR Inc ::KBR awarded pre-feed engineering and project support contracts for BP's Tortue project.Revenue from contract is undisclosed​.Revenue from contract will be booked into backlog for KBR's Engineering & Construction business segment in Q3 of 2017​.Awarded contracts by BP for development of Tortue/Ahmeyim field offshore Mauritania and Senegal​.  Full Article

BP annouces first gas from a project in Trinidad and Tobago
Monday, 14 Aug 2017 08:40am EDT 

Aug 14 (Reuters) - BP Plc ::BP TRINIDAD AND TOBAGO ANNOUNCED FIRST GAS FROM JUNIPER DEVELOPMENT, PROJECT EXPECTED TO BOOST BPTT’S GAS PRODUCTION CAPACITY BY ABOUT 590 MILLION STANDARD CUBIC FEET A DAY.  Full Article

Woolworths comments on ‍ACCC statement on BP's proposed acquisition of Woolworths' retail service station sites​
Wednesday, 9 Aug 2017 08:32pm EDT 

Aug 10 (Reuters) - Woolworths Ltd -:‍ACCC released a statement of issues in relation to bp's proposed acquisition of woolworths' retail service station sites​.Woolworths will continue to work with bp and accc to progress merger clearance process.  Full Article

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BP begins production at the Khazzan gas field in Oman

BP said it had begun production at the Khazzan gas field in Oman, the sixth and largest of seven new upstream projects that are due to start for the British oil giant this year.