European oil and gas majors BP and TotalEnergies on Monday deepened their commitments to the United States, with BP approving a $5 billion offshore oil field and TotalEnergies buying into an onshore gas field.
BP, a British energy major, announced on Monday its decision to proceed with a $5 billion offshore drilling project in the US Gulf of Mexico. This move highlights the company's dedication to rebuilding its oil and gas business in the American region.
British oil major BP said on Monday it will move ahead with a $5 billion offshore drilling project in the U.S. Gulf of Mexico called Tiber-Guadalupe, marking another step in the company's strategy shift to refocus on its core oil and gas business.
Takeover speculation regarding British oil and gas giant BP appears to have dried up, with shares of the company up more than 32% since early April. BP's strategic reset and a leadership shake-up have been touted as among the key drivers of improving investor sentiment.
BP said on Thursday it expects global oil demand to grow until 2030, five years later than its forecast a year ago, stressing slowed efforts to increase energy efficiency.
Germany-Poland trade volume rose EUR 4.6billion in H12025 to a record EUR 90billion, up 5.4% year-on-year. With the consistently growing investment activity on both sides of the border, PKOBP's Frankfurt am Main branch has supported Polish and German companies for a decade Germany-Poland trade volume rose EUR 4.6billion in H12025 to a record EUR 90billion, up 5.4% year-on-year. With the consist...
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