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BP

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...

BP and Iberdrola form JV to develop green hydrogen project in Spain

BP and Iberdrola have formed a 50-50 joint venture to develop a 25MW green hydrogen project in Spain. BP said the green hydrogen will support...

BP renewable energy performance in second-quarter

Energy major BP has revealed its financial performance and main achievements in renewable energy business and electric vehicle charging during the second-quarter of 2024. BP’s...

BP buys 50% stake in BP Bunge for $1.4 bn to grow biofuels

BP is set to acquire the remaining 50 percent stake in its BP Bunge Bioenergia joint venture, a biofuels-producing company in Brazil, from Bunge...

BP Announces Simplified Organizational Restructure to Drive Value Growth

BP has unveiled a streamlined organizational structure aimed at advancing its strategic objectives laid out in February 2024, with a focus on increasing the...