VARO has completed its acquisition of additional shares in the Bayernoil refinery, making it the majority shareholder.
BP and Reliance Industries have signed an agreement relating to the formation of their Indian fuels and mobility joint venture.
BP and Bunge have announced that the formation of their Brazilian bioenergy joint venture, BP Bunge Bioenergia, has been completed.
GlobalData has reported that several top oil and gas companies are expanding their usage of predictive maintenance tools to monitor equipment.
BP has announced plans to construct a US$25 million pilot plant to test its new PET plastic recycling technology.
BP and ZPCC have signed an agreement to explore the creation of an acetic acid joint venture in China.
BP and Bunge will combine their Brazilian biofuel and biopower businesses to create a joint venture named BP Bunge Bioenergia.
BP has invested US$30 million in Calysta, a company which uses natural gas to produce protein for animal feeds.
Marathon will use close to 30% of the Manzanillo terminal’s capacity following its agreement with IEnova.