EnergyWatch

BP holding its breath in Iran because of Trump

British oil giant BP is waiting to see exactly what US President-elect Donald Trump has in mind, before the company dares go after more assets in Tehran.

Photo: Carolyn Kaster/AP/Polfoto

Oil company BP is apprehensive about the upcoming US president, Donald Trump.

In any case, the company has decided to wait and hold back from further activities in the Iranian capital of Tehran out of fear that Trump will take a hardline stance against the country after assuming the role of US president next month.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Ørsted makes group changes again

The Danish power company shakes up its organization once again, now parting ways with offshore wind chief of many years, while also moving other profiles up the corporate ladder.

Ørsted declines Taiwan tender bid

Quite atypically, the Danish market leader publicly rejects to bid in Taiwan’s solicitation for 3GW offshore wind due to poor framework conditions. The green transformation will wilt if developers build uneconomic projects, says CEO.

Last platform now in position at Tyra site

After completing the voyage from Batam, Indonesia, the process module is now in position in the North Sea. Only one piece is now missing from the reconstruction project at the Tyra site.

Further reading

Related articles

Latest News

See all jobs