Ineos Energy has announced a deal to sell its oil and gas assets in Norway for $615million.
The UK North Sea is next on the list of growth targets for Ineos Energy, according to executive chairman Brian Gilvary.
Ineos has announced a $150million (£108m) deal to buy the oil and gas assets of Hess Corporation in Denmark.
Petrochemicals giant Ineos said today it was launching a new division chaired by former BP chief financial officer Brian Gilvary.
Energy giant BP has told investors it is using business lessons from the aftermath of the Deepwater Horizon disaster to weather the current Covid-19 crisis.
BP's chief financial officer (CFO), Brian Gilvary, is to retire after more than three decades at the firm.
While low LNG spot prices have taken their toll, the Europe’s two major players in the sector, Total and Shell, performed strongly in the third quarter.
BP chief executive Bob Dudley pocketed £11.2million in 2018, amid an “exceptional year” for the energy giant.
Profits more than doubled at BP in the third quarter as the UK energy major prepares to celebrate first oil from a mega-project west of Shetland.