British Reporter — bp, ADNOC and Masdar have signed three agreements with the potential to lead to billions of dollars of investment into clean and low carbon energy, creating potentially thousands of energy jobs.
More
British Reporter — bp reached an agreement today to purchase 9GW of solar development projects in the US from independent US solar developer 7X Energy. The acquisition represents a significant step towards bp’s target of growing its net developed renewable generating capacity
More
British Reporter — bp provides an update on the expected timing of reaching its $35 billion net debt target including the delivery of disposal proceeds and performance during the first quarter of 2021.
More
The FINANCIAL --According to Royal Dutch Shell eight leading energy companies have jointly developed and agreed Principles as a collaborative platform for energy transition. Joint collaborative approach welcomed by investors leading engagement with companies across sector through Climate Action 100+. Principles support collective industry acceleration
More
The FINANCIAL -- bp and Amazon have agreed to extend their longstanding relationship, with bp to supply additional renewable energy to power Amazon’s operations, and Amazon Web Services (AWS) enabling the acceleration of bp’s programme to digitise its infrastructure and operations.
More
The FINANCIAL — bp and Ørsted have today signed a Letter of Intent (LOI) to work together to develop a project for industrial-scale production of green hydrogen – a significant step in developing bp’s hydrogen business. Green hydrogen is made by the
More
The FINANCIAL — bp Australia today announced that it will cease fuel production at its Kwinana Refinery and convert it to an import terminal, helping to ensure ongoing security of fuel supply for Western Australia. The refinery, near Fremantle, has provided fuels
More
The FINANCIAL — Equinor (60%), and its partner BP Canada (40%), have made two oil discoveries offshore Newfoundland, Canada. The two wells at the Cappahayden and Cambriol prospects, drilled this summer in the Flemish Pass Basin, have proven the presence of hydrocarbons; however, it is too early to provide
More
The FINANCIAL — bp, Eni, Equinor, National Grid, Shell and Total today confirmed they have formed a new partnership, the Northern Endurance Partnership (NEP), to develop offshore carbon dioxide (CO2) transport and storage infrastructure in the UK North Sea, with bp as
More
The FINANCIAL — bp today announced the start of gas production from its latest development offshore Egypt – the Qattameya gas field in the North Damietta offshore concession. Through bp’s joint venture, Pharaonic Petroleum Company (PhPC), the field, which is expected to
More