JERA and bp have officially launched their 50:50 joint venture, JERA Nex bp, marking a significant step in scaling global offshore wind development. The newly formed company enters the market...
Why it matters: Offshore wind is pivotal for decarbonizing hard-to-abate sectors and achieving global net-zero goals. bp and JERA are joining forces to accelerate progress with JERA Nex bp, set...
BP’s Investment in Indonesia’s Energy Transition BP, on behalf of the Tangguh Production Sharing Contract partners, announced the final investment decision for the $7 billion Tangguh Ubadari, CCUS, Compression (UCC)...
BP, Equinor, Shell, and TotalEnergies have announced a combined commitment of $500 million to support the United Nations Sustainable Development Goal 7 (UN SDG7), which strives for universal access to...
Key Impact Points: BP, the UK-based oil giant, has announced a significant shift in its strategy, moving away from earlier plans to cut oil and gas production by 2030 and...
Key Impact Points: Executive Summary: bp has acquired Bunge’s 50% stake in bp Bunge Bioenergia, becoming the sole owner of the biofuels joint venture. This strategic move allows bp to...
ADNOC and bp announced that they have agreed to form a new joint venture (JV) in Egypt. The JV (51% bp and 49% ADNOC) will combine the pair’s deep technical...
bp has signed an agreement with BWT Alpine F1 Team to support its net zero journey at its site in Enstone (Oxfordshire), where the team designs, develops, manufactures, and builds...
bp announced a deal in which bp pulse, bp’s EV charging business, will acquire ultra-fast charging hardware units from Tesla (NASDAQ: TSLA) for $100 million. The investment will facilitate the...
bp’s Archaea Energy (NYSE: BP) announced the official startup of its original Archaea Modular Design (AMD) renewable natural gas (RNG) plant in Medora, Indiana. Located next to a landfill owned...
bp (NYSE: BP) has started construction on its 187MWdc Peacock Solar project, located 10 miles north of Corpus Christi in San Patricio County, Texas, helping support the global transition to...
bp ventures has made a £4 million investment in Dynamon, a UK-based software company that specializes in developing advanced data analytics and simulation tools for commercial transport and logistics companies....
bp expanded its investment in bioenergy as bp ventures committed $10 million, leading the Series B investment round, in WasteFuel, a California-based biofuels company that will use proven, scalable technologies...
bp ventures has invested €7.5 million in the Service4Charger GmbH, a Berlin-based provider for the planning, installation, operation and maintenance of EV charging infrastructure. bp ventures is leading Service4Charger’s €10...
bp and Uber announced a new global mobility agreement which will see the companies work together to help accelerate Uber’s commitment to become a zero-tailpipe emissions mobility platform in the...
Iberdrola and bp signed a strategic alliance to accelerate the energy transition in sustainable mobility. The companies, which announced their intention to form a joint venture in July 2022, plan to invest €1 billion...
bp pulse, one of the leading rapid and ultra-fast public EV charging networks in the UK and APCOA Parking Group, the UK’s leading provider of tailored parking solutions with an...
bp launched the green hydrogen cluster of the Valencia region (HyVal) at its Castellón refinery. Led by bp, this public-private collaborative initiative is intended to be based around the phased...
bp took another step toward delivering on its transformation to an integrated energy company by announcing plans to invest $1 billion by 2030 into electric vehicle charge points across the...
Equinor and bp jointly bid into New York’s third offshore wind solicitation (NY3), building on their strong commitment to deliver renewable energy for New Yorkers, create sustainable jobs, boost the...
• Schroders now sources 100% of its electricity globally from renewable energy, meeting its RE100 commitment a year early.• The firm’s Horsham solar project generates 1.13 GWh annually, covering nearly...
Mercedes Pushes Decarbonization Beyond the Track The Mercedes-AMG Petronas Formula One Team confirmed it achieved 99% HVO100 biofuel coverage for its 2025 European race and marketing logistics, a milestone that...
• Moeve becomes the first third-party supplier to join Avelia, Shell Aviation’s blockchain-powered sustainable aviation fuel (SAF) book-and-claim platform.• The collaboration expands multi-supplier access to verified SAF credits, supporting decarbonisation...
• €5 billion investment through 2027 expands Google’s St. Ghislain data center and creates 300 new jobs.• 110 MW in new carbon-free energy deals with Eneco, Luminus, and Renner to...
• Climate Investor Two surpasses $1 billion target to become the largest adaptation infrastructure fund in emerging markets.• Backed by $190 million in new commitments and a €205 million EU...
Mexico City Launch Strengthens Legal Frameworks for Climate Action UK-based legal nonprofit The Chancery Lane Project (TCLP) has released 17 climate-aligned clauses adapted to Mexican law, making them available in...
• Four projects funded under the European Maritime, Fisheries and Aquaculture Fund (EMFAF) will advance regenerative ocean farming and marine innovation.• Initiatives span Spain, Italy, Portugal, and Ireland, developing large-scale...
• India’s Central Electricity Authority unveils 6.4 trillion rupee ($77 billion) plan to transmit 76 GW of hydro power from the Brahmaputra basin by 2047.• The basin, spanning eight northeastern...
• The US has threatened sanctions on countries supporting an EU-backed global framework to cut shipping emissions.• The IMO proposal would introduce the first global pricing mechanism for maritime emissions,...
Airbus Targets Deep Emissions Cuts Across UK Operations Siemens has signed a strategic contract with Airbus to decarbonize three of the aerospace manufacturer’s largest industrial sites in the United Kingdom...
• The International Nut and Dried Fruit Council (INC) launches a first-of-its-kind certification tailored to the sector’s specific ESG challenges.• The framework aligns growers, processors, and traders around verified sustainability...
• Bureau of Land Management postpones Wyoming coal lease covering 365 million tons of reserves.• Montana auction earlier in the week drew only one bid at less than $0.01 per...
In this week’s ESG News Week In Review, renewable power overtook coal for the first time globally — a defining moment in the clean energy transition. The EU delayed new...
• The acquisition integrates GoBlu’s BHive® chemical compliance platform with Worldly’s environmental performance tools.• The merger advances data transparency and unification across 40,000+ manufacturers, brands, and retailers.• Aims to reduce...
• 19 of 25 World Bank executive directors back continued climate financing despite US opposition.• Directors representing 120 nations call for alignment with the Paris Agreement and a 45% climate...
• Highland Spring Group to deploy Altruistiq’s product footprinting platform across its operations until 2028.• Agreement will enable real-time cradle-to-gate carbon data for hundreds of SKUs, strengthening regulatory compliance and...
Austin startup aims to decentralize the grid Base Power, a fast-growing energy technology company based in Austin, has raised $1 billion in Series C funding to accelerate the rollout of...
Canada Expands Its Carbon Removal Frontier Deep Sky, the Montreal-based carbon removal project developer, has selected Manitoba as the site for one of the world’s largest carbon removal facilities. The...
• Morgan Stanley’s 1GT climate fund leads $60 million Series E to expand Corvus Energy’s global low-carbon maritime battery systems.• Consortium includes Just Climate and J. Lauritzen, targeting zero-emission shipping...
• Partnership to supply over 500,000 soil carbon removals verified under Verra’s VCS VM0042 standard.• Independent verification by SCS Global confirms 2.27 tCO₂e per hectare per year across 20,000 hectares.•...