BP bags order from Austria’s OMV

BP PLC has scored a 10-year order from Austria’s state-backed OMV AG for up to one million metric tons per annum (MMtpa) of liquefied natural gas (LNG) with delivery starting 2026. OMV indicated the supply is meant for Austria and other European countries. OMV owns gas and oil production stakes in the Norwegian side of

BP to supply marine biofuels to New Zealand

The oil major will supply a blend of 24% International Sustainability and Carbon Certification-approved used cooking oil methyl ester (Ucome) biodiesel and 76% very-low sulphur fuel oil (VLSFO).

BP invests in WasteFuel to study potential of bio-methanol

BP has invested $10m in WasteFuel, a California-based biofuels company, to research the potential of bio-methanol in hard-to-abate sectors like shipping. BP said that solid waste production totals about 2bn metric tons annually and would increase to 3.4bn metric tons by 2050. According to the company, WasteFuel’s deployment of anaerobic digestion and methanol production technologies

bp plans to increase biofuel production

BP said it will increase biofuel output three-fold by 2030 to 100,000 bpd, or roughly 4.5 million tonnes per year, according to Reuters.

bp launches green hydrogen cluster

bp launched the green hydrogen cluster of the Valencia region (HyVal) at its Castellón refinery. Led by bp, this public-private collaborative initiative is intended to be based around the phased development of up to 2GW of electrolysis capacity by 2030 for producing green hydrogen at bp’s refinery. HyVal is expected to play an instrumental role

Masdar, ADNOC, bp, Tadweer, Etihad to collaborate for SAF

Masdar, ADNOC, bp, Tadweer and Etihad Airways are set to carry out a joint feasibility study exploring the production of sustainable aviation fuel (SAF) and other products, such as renewable diesel and naphtha, using municipal solid waste (MSW) and renewable hydrogen. The feasibility study will evaluate the technical and commercial viability of such a project.

Megaprojects for hydrogen production initiated by WA Government

The Western Australian (WA) government announced it had earmarked land for seven projects collectively valued at $70 billion at two heavy industrial estates near the Pilbara coastal towns of Port Hedland and Onslow. WA state development minister Roger Cook said providing the land for projects including hydrogen, ammonia and green iron ore would help transform

BP to work with Egypt for renewable hydrogen production

BP signed a memorandum of understanding with the government of Egypt to explore the possibilities for building a renewable hydrogen production facility in the country. BP will assess the technical and commercial feasibility of developing a large-scale green hydrogen export hub in Egypt. The company will explore high-potential locations across the country for renewables as

BP to supply hydrogen to Australian industry from 2025

The Australian hydrogen mega project proposed by a BP-led consortium will probably supply local industrial buyers from the mid-2020s, with the main export ambition realised from 2030, BP chief financial officer Murray Auchincloss. The first phase, to supply “nearby mining and other industries,” was relatively simple and could happen from the middle of the decade

Report says new fossil fuels ‘incompatible’ with 1.5 C goal

A new report by an independent, Canada-based think tank found a broad consensus of published research supports the International Energy Agency’s conclusion that new oil and gas fields are at odds with the climate target. This article was originally published by Carbon Brief, a U.K.-based website covering the latest developments in climate science, climate policy