Recent events
Recent events tied to this brand in public sources.
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2021
Block 61 increases gas production
BP, in partnership with OQ, PTTEP, PETRONAS and Oman’s Ministry of Energy & Minerals, announced that production from Oman’s Block 61 gas field had increased to 1.5 billion cubic feet per day from around 1 billion.
2021
Solidia Technologies raises $78 million
Solidia Technologies raised $78 million in a private investment round, with new investment from Imperative Ventures, Zero Carbon Partners and Breakthrough Energy Investors, and additional funding from existing backers.
2021
New York City sues oil companies over alleged false advertising
New York City filed a lawsuit charging Exxon, Shell, BP and the American Petroleum Institute with systematically and intentionally deceiving New Yorkers about the dangers of their products. Mayor Bill de Blasio said the industry’s advertising violated New York consumer-protection laws; the source reports allegations, not a court determination.
2021
New York City deceptive-advertising lawsuit against oil companies
New York City filed a state-court lawsuit against ExxonMobil, Royal Dutch Shell and BP, accusing them of violating city consumer protection laws through allegedly deceptive advertising about their environmental impacts. ExxonMobil spokesperson Casey Norton said the lawsuits had no merit and that the company supported efforts to develop solutions.
2021
New York City sues oil companies over fuel advertising
New York City sued Exxon Mobil, BP, Royal Dutch Shell and the American Petroleum Institute in state court, alleging they misled consumers by marketing fuels at branded stations as cleaner or emissions-reducing without disclosing climate impacts. The companies and trade group disputed the allegations or declined to comment.
2021
bp announces Louise Kingham’s appointment to senior Europe role
bp announced that Louise Kingham will take over from Peter Mather as UK head of country and senior vice president for Europe in May.
2021
Annapolis sues fossil fuel companies over climate change
The City of Annapolis filed a lawsuit against 26 oil and gas companies, including ExxonMobil, Chevron, BP and Shell, alleging that their conduct contributed to climate-change costs and consequences.
2021
BP appoints Tracey Clements as CEO Convenience Europe
BP appointed Tracey Clements as CEO Convenience Europe. BP said the appointment came as it looked to redefine its convenience business.
2021
Qantas and BP form sustainable-fuels partnership
Qantas and BP announced a strategic partnership focused on cutting carbon emissions in the aviation sector, including collaboration around sustainable aviation fuels.
2020
Lifung International agreed to acquire BP’s London headquarters property
Lifung International announced that it had agreed to acquire BP’s property at St. James’s Square in London for about £250 million, and would lease the property back to BP for 24 months.
2020
BP reports planned compulsory redundancies after voluntary applications
BP was set to make around 7,500 compulsory redundancies after roughly 2,500 staff applied for voluntary severance. The report says the company had announced plans in June to lay off almost 15 per cent of its workforce.
2020
BP sells stake in leases for 199 UK petrol stations
BP raised £400 million from selling a stake in land leases covering 199 British petrol stations to a UK pension fund. The Universities Superannuation Scheme acquired 49% of the freehold leases.
2020
Equinor agrees to sell interests in Empire Wind and Beacon Wind
Equinor entered into an agreement with BP to sell 50% non-operated interests in the Empire Wind and Beacon Wind assets on the US east coast for total consideration before adjustments of USD 1.1 billion.
2020
Delaware sues fossil fuel companies over climate claims
Delaware’s attorney general sued 31 fossil fuel companies, including Exxon, Chevron and BP, accusing them of deceiving the public about their products’ role in climate change and damaging the state’s environment.
2020
BP Whiting refinery plans job cuts
BP Whiting Refinery said it was reviewing its organizational structure and planning to cut an unspecified number of jobs.
2020
BP announces plan to reduce oil and gas production by 2030
BP announced that its oil and gas production would fall by about 40 percent and its refining output by about 30 percent by 2030. These are announced future targets, not completed reductions.
2020
BP fined over North Sea crude oil discharge
BP was fined £7,000 after admitting an unpermitted crude oil discharge in the North Sea; about 95 tonnes of oil had been released into the sea in 2016.
2020
BP fined over Shetland oil spill
BP was fined £7,000 over an oil spill in which 95 tonnes of crude oil were discharged off Shetland. BP admitted regulatory failings that led to the discharge.
2020
bp announces Tushar Morzaria’s appointment as a non-executive director
bp announced Tushar Morzaria’s appointment as a non-executive director, effective 1 September 2020. He will also join bp’s audit committee.
2020
BP and Jinko Power sign energy-solutions memorandum
BP and Jinko Power signed a memorandum of understanding to develop integrated energy-solutions business for large commercial buildings and industrial facilities in China.