A massive hydrogen project at the heart of Ed Miliband’s net zero plans risks being cancelled as BP retreats from green ...

The 1.2GW project was set to produce hydrogen from natural gas and capture associated emissions, contributing heavily to the ...

BP’s carbon-cutting target, announced in 2020 ... opportunity” and confirmed that the company still wants to meet net-zero carbon emissions by 2050. BP’s change of strategy is facing ...

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BP has confirmed it will slash spending on net-zero transition businesses by nearly ... gas projects will start by the end of 2027, with a target of eight to 10 kicking off by the end of the ...

and our ambition to become a Net Zero company by 2050 or sooner and help the world get to Net Zero.” Under then CEO Bernard Looney, BP promised to transform itself from an International Oil Company to ...

In 2023, BP swapped this target for a 25% reduction, following Russia’s invasion of Ukraine and Europe’s energy crisis. The ...

Last year, the London-listed firm eased that target to a 25% cut by 2030. It is sticking with its goal to achieve net zero emissions by 2050, the report said. BP Says Direction of Focus Remains ...

BP has been hit by the waning oil market. I remember when I first encountered a hard copy FTSE 100 annual report. I was a first year undergraduate and my achingly left-wing lecturer in Business ...

Murray Auchincloss, BP’s chief executive, will set out a new company strategy on February 26 BP shares have surged after it emerged that activist hedge fund Elliott has built a stake in the oil ...