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BP is indefinitely pausing multibillion-dollar hydrogen project projected to create 16,000 construction jobs in Northwest ...
BP has indefinitely paused its carbon sequestration project, which would have required a pipeline to run through six Indiana ...
BP said other factors in its decision to pause the hydrogen project included a slow-developing hydrogen market in the Midwest ...
In a statement, the company cited economic uncertainty, the slow-developing hydrogen market and BP’s renewed focus on oil and ...
BP has suspended its plans to produce blue hydrogen at its Whiting refinery, citing economic uncertainty, a sluggish hydrogen ...
BP’s new goal is to develop five to 10 hydrogen projects, leaving it with a pipeline of 1.8 mtpa of developments. The oil company has stopped or paused 24 potential projects from very early ...
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BP halts offshore wind projectsBP has put all new offshore wind projects on pause as the oil company’s new ... BP spent $2.5bn on renewables, hydrogen, electric car charging and biofuels in 2023, out of a total investment ...
BP‘s new CEO Murray Auchincloss has imposed a hiring freeze and paused new offshore wind projects as he places ... BP spent $2.5 billion on renewables, hydrogen, EV charging and biofuels in ...
UK energy giant BP has hit pause on a clean fuels project worth ... progress to develop BP’s renewable fuels and hydrogen projects at our Kwinana Energy Hub,” a company spokesperson told ...
It's not clear what BP's decision to pause the project means for the hydrogen hub overall. READ MORE: Clean hydrogen hub receives $1 billion in federal funding for projects in Indiana, Illinois ...
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