BP To Significantly Boost Investment In U.S. Oil ...Middle East

OILPRICE - Economy
BP To Significantly Boost Investment In U.S. Oil
source : OILPRICE ( Middle East ) () 36
Moving in lockstep with the Biden Administration’s calls for U.S. oil and gas companies to expand production, London-based BP Plc has unveiled plans to boost spending in the American oil heartland by over 40% this year. On Wednesday, BP said it would raise onshore oil and gas investment in the U.S. from $1.7 billion in 2022 to $2.4 billion in 2023–a 41% hike year-on-year. Offshore, in the Gulf of Mexico, BP said it plans to invest a total of $7 billion by 2025, compared to $10 billion in investment over the past five years. While the…

Hence then, the article about bp to significantly boost investment in u s oil was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( BP To Significantly Boost Investment In U.S. Oil )

Apple Storegoogle play

Last updated :

Also on site :



Latest News

Zimbabwe: Retrenchment By Design - How 'Restructuring' Can Be Used to Weaken Unions in Zimbabwe

before 4 hours & 37 minute

Algorized and KUKA Redefine Robot Safety at CES 2026: The First Robot with "Intuition"

before 10 hours & 12 minute

Menu-Order-AI Launches on Google Play Store, Expanding Global Access to Its Real-Time GLP-1 Dining Companion

before 11 hour & 38 minute

Bitmine pubblica il messaggio del nuovo presidente in cui spiega perché gli azionisti dovrebbero votare SÌ per approvare l'emendamento per aumentare le azioni autorizzate

before 11 hour & 51 minute

U.S. LNG Exports Break 100 Million Tons in Record 2025

before 13 hour & 3 minute

Chinese Electric Buses Dominate Southeast Asia's Decarbonization Push

before 13 hour & 30 minute

Búzios Keeps Climbing as Petrobras Adds 180,000 Bpd With P-78 FPSO

before 13 hour & 57 minute

Hong Kong Tech Exhibits Immense Potential at CES 2026 with 61 Tech Companies Ready for Global Markets

before 14 hour & 25 minute

MicroCloud Hologram Inc. Launches Q-DPC Accelerator: Quantum-Empowered Density Peak Clustering's Strategy Evaluation Performance Leap Solution

before 15 hour & 17 minute

Karsan Prepares to Take the Stage in Las Vegas with New Generation Technologies!

before 15 hour & 29 minute

Maduro Says He Welcomes U.S. Investments in Venezuela’s Oil

before 15 hour & 58 minute

US Oil Drilling Activity Ends Down for 2025, But Production Still Near Highs

before 16 hour & 12 minute

Meet Luka at CES 2026: AI Companions Designed for Smart and Playful Real-World Interaction

before 16 hour & 27 minute

Why a Ukraine Peace Deal Remains Elusive Despite U.S. Pressure

before 16 hour & 27 minute

OPEC+ Set to Keep Oil Production Policy Despite Saudi-UAE Spat

before 16 hour & 56 minute