BP issues earnings warning as weaker refining margins take their toll
The oil and gas major's stock has fallen by more than 10% this year.
11 October 2024
11 October 2024
The oil and gas major's stock has fallen by more than 10% this year.
The Asian nation is likely to witness bisphenol A (BPA) capacity additions of 2.14 million tonnes per annum (mtpa).
Shell and other companies are said to have lost billions in profits due to undelivered long-term gas contracts.
The next phase, which starts immediately, will take three years to complete, including careful analysis of data.
A senior executive at Peninsula explained that the company has launched new physical supply operations in Abu Dhabi and Jebel Ali.
The offshore site is an extension of ExxonMobil's onshore CO₂ storage efforts.
The licences enable the oil and gas company to pursue legal avenues to reclaim funds from the nationalisation of its assets by Venezuela.
The company solidified a three-year contract for the Shelf Drilling Achiever, designated for offshore Nigeria.
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