Tag: BP

BP to Acquire 49% Stake in Oman’s Hyport Green Hydrogen Project

BP Plc announced on Tuesday that it will acquire a 49% interest in the gigawatt-scale Hyport green hydrogen project...

BP Plans Up to 10 Low-Carbon Hydrogen Projects by 2030

BP aims to develop five to ten low-carbon hydrogen projects over the next decade as part of its strategy...

BP Joins Consortium for Green Hydrogen Project in Egypt

BP has entered into a joint development agreement to join an existing consortium in Egypt, aiming to explore the...

BP’s New CEO Shifts Focus Back to Oil and Gas, Freezes Hiring Amid Energy Transition Concerns

BP's newly appointed CEO Murray Auchincloss has initiated a hiring freeze and halted new offshore wind projects as the...

BP Explores Biofuel Expansion in Brazil, Eyes Second-Generation Ethanol and Sustainable Aviation Fuel

BP is evaluating opportunities to expand and diversify its biofuel operations in Brazil, including exploring new products like second-generation...

BP to Acquire Bunge’s Stake in Brazilian Bioenergy Venture for $1.4 Billion

BP has announced its agreement to purchase Bunge's (BG.N) 50% stake in BP Bunge Bioenergia, a joint venture based...

BP’s Green Hydrogen Project Advances in Oman, Targets Major Production

BP Plc's green hydrogen venture in Oman has progressed to the concept development phase, according to a report released...

BP Aims for $2 Billion in Cost Cuts by 2026 Amid Disappointing Profits

Global energy giant BP has unveiled plans to slash $2 billion in costs from its operations by the conclusion...

BP Appoints William Lin as Head of Gas & Low Carbon Energy in Management Shake-Up

BP has announced the appointment of William Lin as the new head of its gas & low carbon energy...

BP’s Gas and Low Carbon Energy Business Reports Decline in 2023 Profits

BP's gas and low carbon energy business experienced a decline in profits for the fourth quarter and full year...

BP Explores Solar Partnership Opportunities to Boost Lightsource BP’s Growth

British Petroleum (BP) is contemplating the inclusion of partners into its solar developer, Lightsource BP, in a bid to...

BP Appoints Kate Thomson as Chief Financial Officer and Board Member

BP has officially appointed Kate Thomson as its Chief Financial Officer (CFO), and she will assume her role on...