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...