Alliance will explore joint innovation and technology opportunities Pair will seek out potential venture capital investments HOUSTON – 3 October 2018 – BP today announced that it has signed a ventures cooperation agreement with Aker BP to explore possible areas of cooperation in the development and deployment of advanced technologies in their businesses. Through their […]
New North Sea development targeting 30 million barrels of oil equivalent Part of BP’s programme to develop satellite fields through existing hubs £200 million capital investment, expected to produce 20,000 barrels of oil equivalent a day HOUSTON – 27 September 2018 – BP announced today that approval has been received from the Oil and Gas […]
Production of ultra-low sulfur fuels to increase by about 45,000 barrels per day New unit relies on proprietary technology to remove sulfur while minimizing octane loss Additional chemical manufacturing construction, refining engineering underway SPRING, Texas – Sep 26, 2018–(BUSINESS WIRE)–ExxonMobil said today that a new unit at its integrated Beaumont, Texas facility has started operations, […]
BP and Johnson Matthey announce the signing of the first licensing deal for their innovative, award-winning Fischer Tropsch technology This technology will support Fulcrum’s production of biojet fuel from municipal waste HOUSTON – 25 September 2018 – BP and Johnson Matthey (JM) have signed an agreement with Fulcrum BioEnergy to license their Fischer Tropsch (FT) […]
CEO-led global initiative aims to provide practical solutions to climate change mitigation Focus areas include carbon capture and storage, methane reductions, energy efficiency As part of the initiative, ExxonMobil to invest in research and development of long-term solutions to reduce greenhouse gas emissions IRVING, Texas – Sep 20, 2018 –(BUSINESS WIRE)–ExxonMobil today said it will […]
New online portal aims to help students equip themselves for the future world of work London, 19 September 2018 – BP, a leading graduate recruiter, today launched the Skills Refinery, a new global online portal, which aims to improve students’ employability. This will culminate in a global challenge with the winning team of students receiving […]
Company is evaluating a multibillion-dollar investment in Guangdong Province Project would help meet expected chemical demand growth in China Part of company’s plans to grow manufacturing capacity in the U.S. and Asia Pacific SPRING, Texas – Sep 5, 2018 –(BUSINESS WIRE)–ExxonMobil said today that it has signed a cooperation framework agreement with the Guangdong Provincial […]
Shell-produced premium engine oils to be used for BMW service-fills until 2022 Sep 4, 2018 – Shell today has officially renewed its status as BMW AG’s only recommended supplier for aftermarket engine oils in EMEA for a further three years till end 2022 for all BMW Group brands; BMW, BMW i, BMW M, MINI, BMW […]
Hammerhead-1 well encounters 197 feet of high-quality, oil-bearing sandstone Discovery adds to estimated resource of more than 4 billion barrels Maximum offshore value creation through rapid development and accelerated exploration IRVING, Texas – Aug 30, 2018 –(BUSINESS WIRE)–ExxonMobil (NYSE:XOM) has made its ninth discovery offshore Guyana at the Hammerhead-1 well, marking its fifth discovery on […]
New 1.5 million ton-per-year cracker to supply company’s expanded plastics plant in Mont Belvieu Together, projects represent company’s largest chemical investment in the U.S. to date Have created thousands of jobs and will energize regional economy HOUSTON – Jul 26, 2018 –(BUSINESS WIRE)–ExxonMobil said today that operations have commenced at its new 1.5 million ton-per-year […]