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BP plc

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Article archive for BP plc;

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BP ships first cargo from Indonesia’s newly expanded Tangguh LNG facility 30 October 2023

The first cargo of liquefied natural gas (LNG) produced by the new third liquefaction train at the Tangguh LNG facility, in Papua Barat, Indonesia, was safely loaded and delivered to Indonesia’s state-owned power generator PT PLN (Persero) on 18 October. This marked the start of full commercial operation of the newly expanded Tangguh LNG facility, which now has a total capacity to 11.4 million tonnes a year....

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BP to evaluate feasibility of a new hydrogen hub in Germany 24 January 2023

BP announced on January 18 that it would evaluate the feasibility of building a new hydrogen hub in Wilhelmshaven, Germany. The project is expected to include an ammonia cracker which could provide up to 130,000 tons of low-carbon hydrogen from green ammonia, per year, from 2028....

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BP announces $4 billion acquisition of renewable natural gas producer 21 October 2022

In a move that will expand and accelerate the growth of its strategic bioenergy business, BP announced that it has agreed to acquire Archaea Energy Inc., a producer of renewable natural gas (RNG) in the US. The agreed acquisition, which is subject to regulatory and Archaea shareholder approval, will be for $3.3 billion (£2.9bn) in cash, as well as around $800 million (£717m) of net debt....

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BP and Equinor exit Russia after attack on Ukraine 28 February 2022

BP announced on February 27 that it will exit its 19.75% shareholding in Rosneft and that two BP-nominated directors will also resign from the Russian oil company’s board with immediate effect. In a similar move, Equinor also announced on February 28 that is has decided to stop new investments in Russia, and to start the process of exiting Equinor’s Russian Joint Ventures....

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bp announces plans for large-scale green hydrogen production facility in Teesside, UK 30 November 2021

bp confirmed plans on November 29 for a new large-scale green hydrogen production facility in the northeast of England that could deliver up to 500Mwe (megawatt electrical input) of hydrogen production by 2030. HyGreen Teesside is expected to match production to demand and build on experience to drive down costs. bp is aiming to start production by 2025, with an initial phase of some 60MWe of installed hydrogen production capacity....

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bp and Oxbotica complete industry-first autonomous vehicle trial at German refinery 05 May 2021

bp has successfully completed an autonomous vehicle trial at its Lingen refinery in Germany, working with Oxbotica....

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INEOS launches new Clean Hydrogen business; BP announces new German hydrogen partnership 20 November 2020

INEOS and BP have both announced new hydrogen projects in recent weeks as industries continue to invest in green hydrogen as part of a worldwide drive towards a zero-carbon future. INEOS launched a new business on November 9 to develop and build Clean Hydrogen capacity across Europe, while BP announced a joint project with Ørsted to develop green hydrogen in Germany....

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Chemical leak injures one at BP’s Rotterdam Refinery 19 November 2020

A worker was injured during an incident involving hydrogen fluoride at BP’s Rotterdam Refinery on November 14. BP said that the release of hydrogen fluoride occurred late at night and led to one person receiving immediate treatment on-site....

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Partnership of six energy majors aims to cut UK carbon emissions in half 27 October 2020

BP, Eni, Equinor, Shell, Total, and the UK’s National Grid have formed a new partnership, the Northern Endurance Partnership (NEP), to develop the offshore infrastructure to transport and store millions of tonnes of carbon dioxide (CO2) emissions safely in the UK North Sea....

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BP and Equinor form partnership to develop offshore wind energy in US 10 September 2020

BP and Equinor announced a new strategic partnership on September 10 that will see the two energy majors develop offshore wind projects in the US. This includes the development of existing offshore wind leases on the US East coast and jointly pursuing further opportunities for offshore wind in the US....