The hydrogen industry, which has relied on oil and gas companies both financially and through lobbying efforts, is preparing ...
BP is dumping 18 hydrogen projects and pausing two biofuels refineries, as it focuses on more profitable fossil fuels.
bp has confirmed it stopped 18 early-stage hydrogen projects as it posted its weakest quarterly profit in almost four years.
CEO Auchincloss has tried to be ruthless in his drive for higher returns, but the UK supermajor still boasts a potentially ...
BP (BP) is abandoning 18 early-stage hydrogen projects, in a move that will save the company $200M annually and help bolster its bottom line, ...
BP has received funding provided jointly by BMWK and the Government of Lower Saxony under the IPCEI (Important Projects of Common European Interest) Hy2Infra for the green hydrogen project in Germany.
It might also one day be used as a vehicle for storing green energy, which could be loaded onto special ships and exported. Loading “BP is working hard to progress all three hydrogen projects ...
BP’s plans for the site are a key pillar of its ambitious plan to invest more than $1 billion into green hydrogen facilities and will help it capitalise on the race to decarbonise hard to abate ...
Outside Spain, Cepsa already has green hydrogen projects in the US, Brazil, Morocco and Algeria. BP Plc also operates an oil refinery in Spain, where it is planning to build a green hydrogen ...
BP (BP) is abandoning 18 early-stage hydrogen projects, in a move that will save the company $200M annually and help bolster its bottom line, TechCrunch’s Tim De Chant reports. The nascent ...