Tags

bp starts up Argos expansion project in U.S. Gulf

“The Argos expansion underpins our commitment to investing in America, growing our U.S. offshore energy production safely and efficiently,” said Andy Krieger, SVP Gulf of America and Canada. “This project also kicks off a period of significant growth for bp in the Gulf of America, which will continue to play a critical role in delivering secure and reliable energy the world needs today and tomorrow.”

bp reports production boost, strong Q2 results from oil trading

bp Plc said it expects to report rising production and a strong result from its oil trading business for the second quarter, offering a boost for the energy major struggling to reverse years of underperformance.

Production for the three months through June is now expected to be higher compared with the first quarter, the London-based company said in a statement on Friday. That’s up from earlier guidance for it to be broadly flat. Output had slipped in the first three months of the year. It will report earnings for the period on Aug. 5.