BP
Emissions & Environment
Carbon capture innovator completes £8m funding round
Carbon capture technology company C-Capture has announced that it has completed an £8 million ($11.13 million) funding round supported by existing shareholders...
Renewables
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.
Editors Picks
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.
Hydrogen
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.
Strategic Development
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.
Gas & Oil Fired
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.
Feature Articles
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.
Strategic Development
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.
Strategic Development
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.
Feature Articles
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...
