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BP, Equinor Swap Stakes in Costs-Hit US Offshore Wind Leases

Date
Tuesday, January 30, 2024 - 10:30 AM
Description
Equinor canceled a power supply agreement with New York state for the Beacon Wind project and entered a deal to fully transfer the lease to partner BP in exchange for the latter's stake in similarly costs-hit Empire Wind.

BP, Shell to Divest Refinery Stakes in South Africa

Date
Monday, May 27, 2024 - 12:30 AM
Description
BP and Shell reached an agreement to sell their respective 50 percent stakes in assets held by South Africa's largest refinery to state-owned Central Energy Fund.