Tag: BP

The Wakashio spill incident remains in the spotlight, as BP, oil and gas company, denounces reports that the company was involved in the vessel's grounding in July 2020.

Oil major BP has deployed Boston Dynamics’ robot ‘Spot’ on one of its oil rigs in the Gulf of Mexico, to enhance safety of operations by reducing the number of people onboard. 

Global major in offshore wind, Ørsted along with the energy player, Bp inked a Letter of Intent (LOI) so as to develop a large-scale renewable hydrogen project at a refinery in north-west Germany.

The Energy Outlook 2020 was recently published, exploring the paths of energy transition and the industry's rapid steps towards renewable energy. The videos below give a taste of what the report is all about, with BP Chief economist, Spencer Dale, commenting that "the issues surrounding the energy transition are hugely interesting and have never been more important."

In its recently launched Energy Outlook, BP forecasts the use of hydrogen as an energy carrier increases significantly in the two of its three scenarios, as the ‎world transitions to a lower carbon energy system. The hydrogen can be used either directly or ‎combined with (bio)carbon or nitrogen to make it easier to transport. ‎

Norwegian energy company Equinor has entered into an agreement with oil major BP, creating a strategic partnership in offshore wind in the US covering both current and potential future projects.

BP Shipping, the shipping unit of BP oil major, joined forces with Windward, a market leader in maritime trade analytics and insights, helping the former accelerate digitalization within its operations.

The oil major BP announced that it will lay off 15% of its workforce, in response to the COVID-19 crisis and in line with Chief Executive Bernard Looney’s plan to shift the oil and gas major to renewable energy.

BP joins White House-led consortium, donating high-performance computing power and scientific expertise to accelerate research on global COVID-19 pandemic.

British oil major BP announced that it will leave three US-based organisations, following a review examining the alignment of their climate-related policies and activities with BP’s positions. This comes as BP unveiled ambition to become a net zero company by 2050, earlier this month.