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 hasn’t said as much, but observers fear the 2050 net zero target will, at least, take a back seat now. The firm has already slashed its reduction targets for oil and gas output. The company ...

BP’s Teesside scheme had been slated to deliver more than 10pc of Ed Miliband’s hydrogen production target - Wiktor Szymanowicz/Future Publishing via Getty Images ...

In the past 12 months, hundreds of businesses have seen their targets removed from net-zero dashboards and some companies ...

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 ...

BP (BP.L) has confirmed it will slash spending on net-zero transition businesses by more than five billion ... And it said it hopes “major” oil and gas projects will start by the end of 2027, with a ...

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 ...

ENERGY giant BP has axed its green targets and shifted back to oil and gas — admitting that its move to Net Zero was “misplaced”. The firm has scaled back investment in renewable projects by ...

BP has announced plans to cut spending on net-zero transition businesses by over ... gas projects will start by the end of 2027, with a target of eight to 10 kicking off by the end of the decade.

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 ...

Our weekly roundup of stories from the national news includes fears that the 2030 wind targets will not be met; threats to ...