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bp

🌎 bp.com

bp is a leading global energy company headquartered in London, England, focused on reimagining energy for people and the planet. The company is primarily involved in oil and gas exploration and production, while also investing in lower-carbon energy solutions. bp aims to transition towards a more balanced energy system that delivers secure, affordable, and lower-carbon energy, increasing its investment in sustainable energy from 3% in 2019 to 23% in 2023.

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bp - Latest News and Updates

• bp and its partners have approved a project to unlock an additional 3 trillion cubic feet of gas resources at the Indonesia LNG facility.
• bp is expanding its gas operations in Azerbaijan, shifting focus from oil to deep nonassociated gas reserves in the Caspian.
• bp has signed a $7 billion deal to develop a natural gas field in Indonesia with carbon capture technology, partnering with CNOOC, Mitsubishi Corp., Inpex, and Japan Oil, Gas and Metals National Corp.
• BP CEO Murray Auchincloss stated at the Energy Intelligence forum in London that global oil demand is consistently exceeding expectations, rising by about 1% annually.
• Mukesh Sharma has joined bp as a Technical Project Manager in India, previously holding a position at another company.

• On November 25, bp CEO Murray Auchincloss expressed optimism about U.S. growth due to anticipated regulatory reforms under President-elect Donald Trump, highlighting opportunities in oil, gas, and AI-driven energy demand.
• Bernard Looney, former CEO of bp, has joined Prometheus Hyperscale as chair of its Board of Directors.
• bp and partners have committed $7 billion to the Tangguh UCC project in Indonesia, which will sequester 15 million tonnes of CO2 and unlock 3 trillion cubic feet of gas resources, marking Indonesia's first large-scale carbon capture initiative.

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