Tucked inside a 32-page earnings report, oil and gas giant BP revealed it was killing 18 early-stage hydrogen projects, a move that could have a chilling effect on the nascent hydrogen industry.

BP (BP) is abandoning 18 early-stage hydrogen projects, in a move that will save the company $200M annually and help bolster its bottom line, TechCrunch’s Tim De Chant reports. The nascent ...

BP is selling its US onshore wind portfolio and has dumped 18 early stage hydrogen projects, as the company returns to its safe space of oil and gas. The news, revealed in the company’s third ...

A massive hydrogen project at the heart of Ed Miliband’s net zero plans risks being cancelled as BP retreats from green targets. The H2Teesside scheme, announced in 2021 by the company’s then ...

Will go ahead with plans at Castellon refinery in Spain To take investment decision on German hydrogen project this year July 30 (Reuters) - BP (BP.L), opens new tab said on Tuesday it has given ...

BP is moving forward with plans to develop a green hydrogen project at its Castellón refinery in Spain, saying on July 30 it reached a final investment decision (FID). FID was taken as the ...

Last year, the federal government slapped BP with the largest civil penalty ever imposed for industrial air pollution at its Whiting refinery. The U.S. Department of Energy will give a Midwest ...

Some BP staff will be made redundant. The company had plans to build a biofuels project - Kwinana Renewable Fuels (KRF) — that was to produce sustainable fuels from biomass and a green hydrogen ...

Tees Valley Mayor Ben Houchen BP will also continue with H2Teesside, the proposed blue hydrogen project. Following the news, Mr Houchen said: "We are seeing incredible progress in our plan to ...

Alongside bp’s other proposed projects in the region, the project could help transform Teesside into the UK’s leading hydrogen hub and kickstart a highly-skilled supply chain. As part of the ...