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Tag: BP
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...
The first charging corridor for medium and heavy-duty electric trucks (E-Trucks) in Europe has been announced by bp pulse. Six public charging locations with ultra-fast 300kw charge points aimed at...
bp announced its 134MWdc (107MWac) Arche Solar project in Fulton County, Ohio, is beginning construction, helping support the global transition to lower carbon energy. Arche is expected to create around...
bp completed its purchase of Archaea Energy Inc., a leading provider of renewable natural gas (RNG), marking a milestone in the growth of bp’s strategic bioenergy business. “We see enormous opportunity to grow...
bp ventures has made a $20 million AUD investment in 5B Holdings Pty Ltd, an Australian renewable company with technology that enables rapid deployment of solar power at scale. The...
bp signed a MoU with the Government of Egypt under which it will explore the potential for establishing a new green hydrogen production facility in the country. The MoU was...
Marks & Spencer (M&S) and bp pulse have signed an exclusive agreement to bring high-speed EV charge points to the M&S store estate across the UK. The agreement will see...
bp signed a MoU with the Government of Mauritania under which it will deliver an innovative programme exploring the potential for large-scale production of green hydrogen in the country. Building...
Freebee provides free, on-demand ride-hailing using electric vehicles to app users. The service is financed by local governments and entities, such as corporate business parks and universities, to cover defined...
Accelerates bioenergy growth Acquisition of a leading US renewable natural gas (RNG) producer will accelerate growth of bp’s strategic bioenergy transition growth engine Operates 50 RNG and landfill gas-to-energy facilities...
Hertz and BP Pulse, the oil giant’s EV charging unit, to install thousands of chargers at Hertz locations nationwide Hertz plans to add hundreds of thousands of EVs to its...
and development centre in Britain
bp continuing to invest in the UK, with new investment of up to £50 million for new electric vehicle battery testing centre and analytical laboratory in Pangbourne. Aims to advance...
Iberdrola and bp intend to enter into a strategic collaboration agreement to contribute to the decarbonisation of transport and industrial sectors. Plan to jointly invest up to €1bn into deploying...
Britain’s North Sea Transition Authority (NSTA) on Thursday said it has awarded energy firms Equinor and BP two carbon storage licences on the UK Continental Shelf off the coast of Humberside. Carbon...
bp has signed a ten-year offtake agreement with Clean Planet Energy, a UK-based company that is developing facilities to convert hard-to-recycle waste plastics into circular petrochemical feedstocks and also into...
BP Plc’s exit from Russia may cause tens of billions of dollars of financial pain, but it could have a longer-term upside for the company’s environmental credentials. Even before Russian...
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