trending Market Intelligence /marketintelligence/en/news-insights/trending/CjiRQ3Guxse1yhQgroj_aA2 content esgSubNav
In This List

Report: BP nears sale of stake in Egyptian oil company to Dragon Oil

Blog

Insight Weekly: Cryptocurrency's growth; green bond market outlook; coal investors' windfall

Blog

Insight Weekly: Challenges for European banks; Japan's IPO slowdown; carmakers' supply woes

Blog

Q4’21 US Power Forecast: Will high commodity prices accelerate the energy transition?

Blog

Infographic: Q4’21 US Battery Storage by the Numbers


Report: BP nears sale of stake in Egyptian oil company to Dragon Oil

BP PLC is nearing the sale of its stake in the Gulf of Suez Petroleum Co., or GUPCO, to Dubai's Emirates National Oil Co. Ltd. (ENOC) LLC subsidiary Dragon Oil PLC, according to a May 23 report from Reuters, citing unnamed sources.

The sale is expected to be completed in the coming weeks, Reuters said.

GUPCO is a joint venture of BP and Egyptian General Petroleum Corp.