British Petroleum Company plc

bp and Ørsted to create renewable hydrogen partnership in Germany

November 10, 2020

Business

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 electrolysis of water using ‎renewable power, producing zero emissions. In their proposed Lingen Green Hydrogen project, the two

bp plans to cease production at Kwinana Refinery

The FINANCIAL — bp Australia today announced that it will cease fuel

by The FINANCIAL

October 30, 2020

2 mins read

BP Canada and Equinor made oil discoveries offshore Newfoundland, Canada

The FINANCIAL — Equinor (60%), and its partner BP Canada (40%), have

by The FINANCIAL

October 29, 2020

1 min read

bp, Shell, Total, and other leading energy companies formed new partnership – NEP

The FINANCIAL — bp, Eni, Equinor, National Grid, Shell and Total today

by The FINANCIAL

October 26, 2020

2 mins read

Energy

bp starts gas production from Qattameya field

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

by The FINANCIAL

October 26, 2020

1 min read

Oil & Auto

BP cuts dividend and plans to slash oil production by 40%

The FINANCIAL — BP to cut down on oil spending and focus on clean energy as a part of a major strategic overhaul revealed on Tuesday, together with a major second quarter loss and dividend cut. BP introduced a new strategy that will reshape

by The FINANCIAL

August 4, 2020

2 mins read