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BP exits $36B green hydrogen mega-project in Australia, doubling down on oil amid investor-driven strategic pivot.
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, ...
In a surprising move, BP has announced its decision to pull out of a massive green hydrogen project in Australia. The ...
The decision makes the British energy major the latest company to walk away from plans for green hydrogen production in ...
Developers of green hydrogen have scaled back investments and scrapped projects globally as elevated production costs and ...
Oil giant BP abandons plans to giant 26 gigawatt renewable and hydrogen hub in Pilbara, saying it no longer fits with its fossil fuel focused business strategy.
UK supermajor has focused its hydrogen investments to date on electrolyser projects, using a diverse range of manufacturers ...
BP has exited the gigantic Australian Renewable Energy Hub, which would feature up to 26GW of upstream wind and solar, much ...
However, OBBBA is not solely to blame for the stalling hydrogen sector, with dozens of green hydrogen developers across the globe scaling back investments or scrapping them altogether thanks to weak ...
BP will exit its role in a massive green hydrogen production facility planned in Australia as the British oil major refocuses ...
The future of a renewable energy hub in Western Australia's Pilbara is in question after the majority shareholder backs out ...