 Home > Chemicals Industry > International Chemical > BP increases investment in the U.S. oil and gas sector

BP increases investment in the U.S. oil and gas sector

 Last Update: 2023-02-01
 Source: Internet
 Author: User

Tags

american high production company

gulf oil corporation

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

Recently, BP announced that it will increase its investment
in the US oil and gas sector in 2023.

BP said it will increase U.
S.
onshore oil and gas investment from $1.
7 billion in 2022 to $2.
4 billion
in 2023.
In the Gulf of Mexico offshore project, the company plans to bring total investment to $7 billion by 2025, compared to $10 billion
in the past five years.

According to a report released by BP, the company has invested more than $135 billion in the United States since 2005, supporting nearly 250,000 American jobs
.
In 2021, BP's oil and gas production in the US averaged 296,000 barrels per day, most of which was in the Gulf of
Mexico.
BP also noted that its U.
S.
refinery has a refining capacity of 851,000 b/d, or about
40% of the company's global refining capacity.

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

4-acryloylmorpholine ACMO

CAS No.: 5117-12-4

top

$3.39/KG EXW

UV-531

CAS No.: 1843-05-6

$7-8/MT FOB

benzotriazole ultraviolet absorbers UV-P

CAS No.: 2440-22-4

$7-8/MT FOB

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

single use technology(195)

announcements today(81)

ups united states(221)

united states logo(227)

80 20 company(94)

healthy food name(42)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.