Business news

BP has confirmed its commitment to completing the sale of its Alaska (US) business to Hilcorp, first announced in August 2019.

Stress Engineering Services, Inc. and RPS have developed a sustainability scorecard to assess emissions, carbon footprint and environmental impacts.

Japanese company Cosmo Oil Co. Ltd has rolled out new solutions to help it more efficiently procure indirect materials

Shareholders have approved a feasibility study to separate the company’s upstream and midstream businesses in a demerger.

The measures are designed to enhance the company’s financial flexibility and provide access to additional resources.

The settlement is designed to facilitate the cost-effective transportation of natural gas from the WCSB to key North American demand centres.

The company has announced a cash distribution and its plans to maintain its quarterly distribution.

Total acquires Tullow’s entire interests in the Uganda Lake Albert project, including EACOP.

The companies have successfully completed a live seabed-to-shore data harvesting mission using an unmanned surface vessel for A/S Norske Shell.

PHMSA issues Notice of Enforcement Discretion for gas pipeline operators.

The company is set to pilot a methodology that will prove whether the data generated by digital twins can be trusted, and if the technology is delivering value.

The company has announced that Mario Longhi has been elected to the Board of Directors.

Kinder Morgan has increased its cash dividend by 5% and announced results for 1Q20.

Increases in natural gas production came primarily from associated gas recovered from oil wells in the Bakken and Three Forks formations.

The company has secured a capital commitment of US$400 million from an ArcLight Capital Partners managed fund and the Camelback Midstream management team.