Keyword: BP

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Vision for Chemicals in Grangemouth

07.12.2017 - Grangemouth, Scotland, home to now-Swiss olefins and polyolefins giant Ineos and before that a base for British oil multinational BP, has had a mixed relationship with chemicals...

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Ineos buys more Offshore Gas Licenses

22.11.2017 - The increasingly acquisitive Ineos is pumping more money into the search for offshore oil and gas reserves in the North Sea. In its latest move, the Swiss-based chemical producer...

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Commission Clears Ineos-BP Pipeline Deal

20.07.2017 - The European Commission has approved Ineos’ acquisition of BP’s North Sea pipelines for up to $250 million. The deal includes the Forties Pipeline System (FPS) that links 85 oil...

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Multinationals Back US Climate Leadership Council

22.06.2017 - Leading international companies including ExxonMobil, Total, BP, Johnson & Johnson and Procter & Gamble among others, have joined a US campaign against climate change that was...

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BP Chief Faced 40% Pay Cut in 2016

11.04.2017 - Oil and petrochemicals giant BP has revealed that it cut the annual salary of CEO Bob Dudley by 40% in 2016, from $19 million to $11.6 million, and reduced the maximum amount the...

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BP/DuPont JV Buys Nesika Energy

06.04.2017 - A joint venture between BP and DuPont has acquired US biofuels company Nesika Energy for an undisclosed sum. The deal includes Nesika’s ethanol facility in Scandia, Kansas, USA...

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Ineos Takes BP Pipeline for $250 Million

04.04.2017 - As widely expected, Ineos has clinched a deal with BP to buy the Forties Pipeline System (FPS) that transport 575,000 bbl/d of oil from the UK’s first major offshore oil field...

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BP Invests in Hull Wood Acetylation Venture

31.03.2017 - UK energy giant BP will invest more than $25 million over two years in a consortium that will build and operate a wood elements acetylation plant in Hull, UK. The new company...