BP

oil companies renewable energy

European oil firms lead US counterparts in renewable strategies

The top six European firms have over 28GW of renewables capacity in the pipeline, with BP, Total and Equinor making up over 70% of this.

High five: Editor’s choice (9-13 November)

To ensure you don’t miss out on the most important news, views and analysis from this week, we have compiled a must-read list designed to keep you in the know.
Orsted Hydrogen Project

Ørsted and bp partner on German renewable hydrogen project

Ørsted and bp have agreed to jointly develop a potential large-scale renewable hydrogen project at bp’s Lingen Refinery in North West Germany.
BP offshore wind

BP partners with Equinor to develop US offshore wind

The announcement marks bp’s first venture into offshore wind and comes a month after they announced a low-carbon investment strategy.
bp Siemens project

Siemens and bp to expand largest gas-to-power project in Latin America

SPIC has signed a deal with EIG Global Energy Partners, bp and Siemens to acquire a 33% stake in the largest gas-to-power project in Latin America.

Ed’s note: Green is the new black for BP

Don’t under-estimate the importance of BP’s news this week that it will radically reduce its oil and gas activities in favour of a surge of investment in renewables, hydrogen and electric vehicles.

BP announces ambitious net zero strategy after record second-quarter losses

bp's new strategy will reshape its business from being an oil company to an integrated energy company focused on delivering solutions for customers.

BP partners with JinkoPower to decarbonise China’s companies

The partnership is targeting the development of an innovative, integrated energy solution business delivering renewable power and Energy-as-a-Service digital tools.

Industry analysis: Is BP a net zero hero?

So what should we make of BP’s announcement yesterday that it intends to become a net zero company by 2050 or sooner? Some have called...

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