BP to lock out workers at Whiting refinery
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The transaction forms part of the British oil major's $20 billion divestment plan aimed at cutting debt and boosting returns.
ExxonMobil, BP and Vitol are shipping a record volume of oil products to Australia from the U.S. in March, shipping data from trading sources shows, filling a gap left by the loss of regular volumes from Asia as the Iran conflict disrupts supplies.
The energy major is continuing with a strategic reset, cutting costs and selling some assets in a bid to reduce its burdensome debt.
BP wins U.S. OK for its first new Gulf of Mexico field project since 2010 Deepwater Horizon disaster
BP received U.S. approval to advance its Kaskida project in the deepwater Gulf of Mexico, its first virgin field development in the region since the 2010 Deepwater Horizon disaster.