BP to Invest $37b in Energy Projects

Monday, June 19, 2006
Energy Watch has reported that BP said it plans to invest a total of some $37 billion in U.S. energy projects to explore, produce and process more oil and natural gas. Under its program, BP will spend $16 billion over the next decade on oil and natural gas exploration and production in U.S. deep waters in the Gulf of Mexico, said company officials. The company is also looking to invest $17 billion over the same period on U.S. onshore oil and gas development in the Rockies and elsewhere, while spending some $3 billion in refinery upgrades to process more heavy oil from the north. Source: Energy Watch

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter July 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Young Taken on PESA Advisory Board

Hoover Container Solutions’ chairman and CEO, Donald Young, has been nominated and elected to the Petroleum Equipment & Services Association (PESA) Advisory Board for a three-year term.

US Navy Tests Latest Aegis Weapon System

The U.S. Navy conducted a series of cooperative air defense test exercises with the Spanish navy that culminated in live missile firing events using the latest Aegis Weapon System baseline July 20-21.

Antwerp Port CEO Scoops Baron Title

After 25 years as CEO of Antwerp Port Authority, Eddy Bruyninckx has been raised to the nobility by H.M. the king of Belgium with the rank of baron. In Belgium

 
 
Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Pod Propulsion Salvage Ship Electronics Ship Simulators Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0789 sec (13 req/sec)