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Zacks Investment Research on MSNBP Pulls Out of Australia Hydrogen Project Amid Oil Pivot
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 ...
BP's Castrol unit has secured a bid from US private equity firm One Rock Capital Partners, one of the few remaining bidders ...
Japanese independent Inpex has made a big play in Norway where it has acquired interests in a large producing asset and ...
BP PLC has agreed to divest its onshore wind business in the United States to LS Power Development LLC, toward a goal of $3-4 billion in asset sales this year. The sale of BP Wind Energy North America ...
Reliance Industries (RIL), under the leadership of Chairman Mukesh Ambani, has reported its strongest first-quarter performance ever, with the highest consolidated net profit and operating earnings in ...
“Climate change has become a defining factor in companies’ long-term prospects,” Fink warned. “We are on the edge of a ...
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Zacks Investment Research on MSNBP Sells U.S. Onshore Wind Assets, Realigns Focus on Oil & Gas
BP plc BP, a British oil and gas giant, has entered into an agreement to divest its U.S. onshore wind business to LS Power, a U.S.-based energy firm. This move is part of BP’s “strategic reset”, ...
BP to sell entire US onshore wind portfolio to LS Power as part of $20B divestment plan. LS Power plans to integrate projects ...
BP plc BP has entered into an agreement to divest its mobility and convenience, as well as bp pulse, businesses in the Netherlands to Catom. The divestment, expected to be completed by 2025-end, is ...
BP is set to sell its Dutch retail and EV charging business to Catom, advancing its $20B divestment plan and strategic shift.
This move aligns with BP’s broader “reset” strategy, outlined in 2020, to divest non-core assets and concentrate on integrated energy hubs and high-margin markets.
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