MELBOURNE (Reuters) - BP plc plans to stop producing fuel in Australia and will convert its loss-making Kwinana oil refinery, the biggest of the country's four, into a fuel import terminal because of ...

BP plc has agreed to buy a 40.5% stake and become operator of an Australian renewable energy project that could become one of the world's biggest producers of green hydrogen, the global oil major said ...

Solar developer Lightsource bp is set to reach financial close later this year on two new solar farms in Australia for a total cost of A$800 million ($560 million), the company half-owned by BP Plc ...

WOLLONGONG, Australia, May 8, 2024 /PRNewswire/ -- Australia-based company Hysata is developing new high-efficiency electrolysers that aim to produce green hydrogen at scale with higher energy ...

UK supermajor BP has agreed to buy compatriot rival Shell’s 27% interest in Woodside Energy’s Browse joint venture in Australia, which is looking to exploit the Browse offshore fields as a US$20 ...

Australia selected 19 projects in its biggest renewable-energy tender yet, as part of plans to stimulate a world-leading transition away from an aging fleet of coal-fired plants. The projects — ...

BP plc BP announced on Thursday that it will exit the Australian Renewable Energy Hub (“AREH”), one of the world’s largest planned green hydrogen projects, according to a Reuters report. The company ...

This article is an update of my preceding article on Diamond Offshore published on September 13, 2016. On October 10, 2016, BP announced that it is quitting the Great Australian Bight: BP Plc won't ...

The mop-up from the catastrophic Deepwater Horizon oil spill in the Gulf of Mexico had just eaten up another $US20 billion ($25bn) of shareholder funds in a major ...