In Germany, by the end of the decade, bp is planning to gradually restructure the Gelsenkirchen site in such a way that it can follow the path of the energy transition and use its potential. bp plans, subject to appropriate permits, to enable the production of lower-emission fuels using co-processing in the hydrocracker plant at […]
In the UK, Bloomberg reports that activist investor BlueBell is calling on bp to halt future investment in renewable energy and instead invest $1.5 billion annually on oil and gas through 2030 while cutting $28 billion in investment by then in bioenergy, hydrogen and renewables & power. The hedge fund, which also agitated for change […]
In India, BNN Breaking reported that global oil firm BP has recently received a favorable recommendation from the Environmental Protection Authority (EPA) for its innovative plan to repurpose its former oil refinery in Kwinana, Australia. The project underscores the company’s commitment to producing renewable diesel using vegetable oils and animal fats, according to the report.
