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Bp
BP and Thyssenkrupp Plan Green Hydrogen Steel Supplies
bp and thyssenkrupp Steel sign MoU focused on development of long-term supply of low carbon hydrogen and renewable power in steel production.
Oil Refinery
Production at Venezuela’s Largest Refinery Hit by Blackout
Production at Venezuela's largest refinery, which can process about 645,000 barrels of oil per day (bpd), was halted late on Saturday by an electrical fault tha…
World Energy Demand Jumped Above Pre-COVID Levels in 2021
BP Statistical Review of World Energy: primary energy in 2021 grew by its largest amount in history.
OPEC
OPEC+ Sees Oil Market Surplus Shrinking to 1 Million Bpd
OPEC+ is slimming down its projections for an oil market surplus this year.
BP Buys 40.5% Stake in Asian Renewable Energy Hub
The multi-billion dollar investment at Pilbara, western Australia, will produce around 1.6mn tonnes of green hydrogen at full capacity.
Hydrogen Project
Oil Giant BP Swoops for Largest Stake in $36BN Green Hydrogen Mega-Project in Australia
Supermajor to take 40.5% share and lead operation of 26GW Asian Renewable Energy Hub in Western Australia
Hydrogen Project
BP Buys Into Australian Wind, Solar, Hydrogen Mega-Project
BP plc has agreed to buy a 40.5% stake and become operator of an Australian renewable energy project that could become one of the world's biggest producers of g…
Oil&Gas Drilling
Shell, BP Strike US Gulf Deal Ahead of Planned Drilling
Shell and BP have finalized an exchange of acreage in the deepwater Gulf of Mexico ahead of planned drilling in the greater Mars Basin, one of the region’s mos…
Hydrogen Project
Adnoc and Masdar Deepen Clean Hydrogen Pact With
The three companies are developing the H2Teesside blue hydrogen project in the UK.
Nuclear Power Plant
UK Launches Funding to Encourage Nuclear New Build
The UK government has announced the launch of GBP120 million (USD146 million) in funding to support development of new nuclear energy projects, stimulate compet…
OPEC
OPEC+ Misses Production Target by Whopping 2.7 Million Bpd
All 13 members of OPEC saw their production rise by just 153,000 barrels per day.
Offshore Wind Power
BP Bids for Two Dutch Offshore Wind Power Leases
Oil major BP has submitted bids to develop two offshore wind power leases in the Netherlands, it said on Thursday, as the company increases its focus on renewab…
Net Zero Emission
Bp Signs Offtake Agreement for Circular Naphtha
Bp has signed an offtake agreement with Clean Planet Energy, a company developing ecoPlant facilities that convert hard-to-recycle waste plastics into circular …
Hydrogen Production
bp Supports Circular Plastics Chain with Clean Planet Energy
bp signs 10-year offtake deal with Clean Planet Energy which aims to convert hard-to-recycle waste plastics into circular petrochemical feedstocks.
Net Zero Emission
Bp to Invest £18 Billion in UK Energy System by 2030
bp intends to invest up to £18 billion in the UK’s energy system by the end of 2030, demonstrating bp’s firm commitment to the UK, and helping the country to…
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