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BP will exit its planned green hydrogen production facility in Australia as the British energy major pivots back to oil and ...
BP (NYSE:BP) said Thursday it will pull out of its role in a planned massive green hydrogen production facility in Australia, ...
Australia's long-held ambitions to tap its abundant renewable resources and vast uninhabited landmass to become a global ...
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Zacks.com on MSNBP Pulls Out of Australia Hydrogen Project Amid Oil PivotBP exits $36B green hydrogen mega-project in Australia, doubling down on oil amid investor-driven strategic pivot.
Regtechtimes on MSN8d
BP retreats to oil as $36B green hydrogen vision crumbles in AustraliaIn a surprising move, BP has announced its decision to pull out of a massive green hydrogen project in Australia. The ...
Lucy Nation has said bp paid the price for proceeding “too quickly,” resulting in its exit from the 26GW AREH project in ...
Oil and gas major bp has confirmed it will exit the Australian Renewable Energy Hub (AREH), a 26GW wind, solar and green ...
This hydrogen project is the first initiative of its kind, set to be developed by BP and Iberdrola through their 50-50 joint venture Castellón Green Hydrogen S.L.
BP's green hydrogen project at Lingen surpasses similar projects, such as Shell Plc ’s SHEL Rheinland refinery, which launched a 10-MW electrolyzer in 2021.
The hydrogen, made from water and renewable electricity, will be used at BP’s Lingen refinery and by local industries, the company said in a statement. BP recently scaled back plans for biofuels ...
Australia’s long-held ambitions to tap its abundant renewable resources and vast uninhabited landmass to become a global green hydrogen leader are fast unraveling.
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