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.…
Browsing: BP
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,…
BP is evaluating opportunities to expand and diversify its biofuel operations in Brazil, including exploring new products like second-generation ethanol and sustainable aviation fuel (SAF), after…
