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BP

BP aims to lower commitment to expanding renewable energy?

BP is making a significant strategic shift away from its previous commitment to expanding renewable energy, opting instead to refocus on fossil fuels amid...

BP reveals Capex for renewables energy as it added 2.3GW

BP, in its earnings report, has revealed that its renewables pipeline at the end of the fourth-quarter of 2024 stood at 60.6GW (bp net),...

ONGC selects BP as technical services provider (TSP) for Mumbai High

ONGC and BP have signed a contract appointing BP as the Technical Services Provider (TSP) for Mumbai High, India’s largest offshore oil field. ONGC retains...

BP and XRG launch Arcius Energy boosting natural gas development

BP and XRG announced today the financial close and formal launch of their joint venture, Arcius Energy, an international natural gas platform aimed at...

What’s new in BP strategy for its offshore wind business?

Energy major BP on Monday announced its final plan and strategy in order to strengthen its offshore wind business. BP’s strategy in the offshore wind...

BP reveals $7 bn investment in Tangguh UCC Project in Indonesia

BP, along with its Tangguh production sharing contract partners, has made investment decision on the $7 billion Tangguh Ubadari CCUS Compression (UCC) project in...

BP Q3 2024 result reveals renewable energy achievements

BP, while announcing its Q3 2024 financial result, said its renewables pipeline at the end of Q3 totaled 46.8 GW (net), including a 20.5...

BP may sell stake in offshore wind business amid focus on oil and gas

Energy major BP is exploring the sale of a minority stake in its offshore wind business, Reuters news report said. This move reflects strategy of...