Bp China

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  BP Seeks Buyers For Its Half Of China Petchem Venture

  British oil major BP is seeking buyers for its 50 per cent stake in Chinese petrochemicals joint venture SECCO, its largest investment in China, in a deal sources said could fetch $2-$3 billion.

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  India Surpasses Japan In Oil Use, Next Only To US, China: BP

  India has surpassed Japan to become the world's third largest oil consumer, with its oil demand galloping 8.1 per cent in 2015, according to BP's Statistical Review of World Energy released on Wednesday.

• PetroChina to join Exxon on giant Iraqi oilfield: report

  China's biggest energy firm, PetroChina, will join Exxon Mobil in developing Iraq's giant West Qurna oilfield and is in talks with Russia's Lukoil to buy into a second project at the field, industry sources said.

• BP exits China's Yacheng gas field, sells stake to Kuwait

  BP Plc, Europe's second-biggest oil company, today said it has sold its stake in China's Yacheng gas field in the South China Sea to Kuwait Foreign Petroleum Exploration Co, or KUFPEC, for $308 million.

• India will be world's third largest economy by 2030: BP

  India will be world's third largest economy by 2030 but its energy demand will slow down to 4.5 per cent, global energy giant BP plc said Monday.