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27-Jun-2007 - Aker Kvaerner has been selected by BP, Associated British Foods Plc (ABF) and DuPont to execute the Front End Engineering and Design (FEED) for a planned new world-scale bioethanol plant in the UK. Aker Kvaerner's joint venture partner Praj Industries (Praj) from India will provide the technology ...
21-May-2007 - BP and Rio Tinto announced the formation of a new jointly-owned company, Hydrogen Energy, which will develop decarbonised energy projects around the world. The venture will initially focus on hydrogen-fuelled power generation, using fossil fuels and carbon capture and storage (CCS) technology to ...
03-May-2007 - Following a decision by Lord Browne to step down as the company's chief executive officer, the board of BP p.l.c. has appointed his designated successor, Dr Tony Hayward, as new CEO with immediate effect. Lord Browne tendered his resignation after the lifting by the UK courts of a legal ...
15-Mar-2007 - BP announced its intention to sell its ethyl acetate (ETAC) and vinyl acetate monomer (VAM) manufacturing units at Saltend, near Hull, UK, and the associated commercial businesses. The decision follows a review which concluded that the Saltend site would focus on its existing acetic acid and ...
16-Jan-2007 - that after more than a decade in the CEO role Lord Browne has decided to retire as chief executive at the end of July 2007. The board announced that Tony Hayward, currently BP's head of exploration and production, will succeed Lord Browne following his retirement as group chief executive. During ...
14-Aug-2006 - The European Commission has cleared the way for INEOS to acquire BP's Ethylene Oxide/Ethylene Glycol business in Dormagen, Germany. Following an in-depth investigation the Commission has concluded that the proposed acquisition would not significantly impede competition in the European Economic ...
21-Apr-2006 - BP held a ground breaking ceremony in Taicang, east China's Jiangsu province, to celebrate the start of the construction of its dedicated industrial lubricants blending facility in China. With an initial investment of US$22 million, BP will own and operate the largest, most efficient and flexible ...
13-Apr-2006 - BP confirmed that it is proceeding with its project for a major increase in purified terephthalic acid (PTA) production capacity at its Geel, Belgium, plant and also announced that it has recently completed a significant increase in the plant's paraxylene (PX) production capacity. The planned ...
20-Dec-2005 - BP announced that the sale of Innovene, its petrochemicals group, to INEOS has been completed. "The sale of Innovene has been the biggest single divestment in BP's history and with hard work on both sides we have completed it in just 10 weeks - ahead of schedule and still in 2005. This is ...
Repsol YPF has 22% stake in project
20-Dec-2005 - Repsol YPF announced the start of production from the fourth train at the Atlantic LNG plant in Trinidad & Tobago, the largest in operation anywhere in the world, in which it holds a 22.22% stake. The start up of this fourth train will add between 5 and 10 million barrels per year to Repsol YPF's ...
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