BP has appointed Albert Manifold as the company’s next chair, succeeding Helge Lund, who will step down later this year. The transition comes at a time…
Browsing: BP
BP has announced plans to cut 5% of its workforce, equating to around 4,700 employee positions and 3,000 contractor roles, in a move to reduce costs.…
Brazilian state-controlled oil company Petrobras is in discussions with key players, including Raízen, BP, and Inpasa, for a potential joint venture in ethanol production, signaling a…
BP has outlined plans to save approximately $200 million by focusing on a select number of hydrogen projects and selling its US onshore wind assets. The…
BP has finalized its acquisition of the remaining 50.03% interest in Lightsource BP, gaining full ownership of the solar and battery storage developer it previously co-owned.…
BP is reportedly exploring the sale of a minority stake in its offshore wind business, as part of an effort by CEO Murray Auchincloss to scale…
Bunge Global SA has finalized the sale of its 50% stake in BP Bunge Bioenergia to bp, granting the latter full ownership of one of Brazil’s…
The UK government has committed up to £21.7 billion ($28.5 billion) over the next 25 years to develop carbon capture and storage (CCS) projects, aimed at…
BP Plc announced on Tuesday that it will acquire a 49% interest in the gigawatt-scale Hyport green hydrogen project in Oman. The acquisition is from state-owned…
BP aims to develop five to ten low-carbon hydrogen projects over the next decade as part of its strategy to produce clean fuels and reduce greenhouse…
BP has entered into a joint development agreement to join an existing consortium in Egypt, aiming to explore the potential development of a multi-phase green hydrogen…
BP’s newly appointed CEO Murray Auchincloss has initiated a hiring freeze and halted new offshore wind projects as the company reevaluates its energy strategy, Reuters reports,…
