The company intends to offload the business for an undisclosed sum to LS Power as part of plan to shed US$20 billion in assets.

While the stock has not outperformed its peers over the past five years, the company has become a potential takeover target for larger firms. Even if a takeover doesn’t happen, the activist investor ...

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 ...

In a surprising move, BP has announced its decision to pull out of a massive green hydrogen project in Australia. The ...

BP will exit its role in a massive green hydrogen production facility planned in Australia as the British oil major refocuses ...

BP has exited the gigantic Australian Renewable Energy Hub (AREH), which would feature up to 26 gigawatts of upstream wind and solar, much of which would have been used produce hydrogen and ammonia.

BP said it will pull out of its role in the Australian Renewable Energy Hub, a planned massive green hydrogen production facility in Australia.

BP has reversed its renewable energy ambitions to refocus on oil and gas production, appointing a new chair and selling off ...

BP has sold its US onshore wind power business, signaling a broader industry retreat from renewable energy ventures that are ...

The energy giant is revamping its board and implementing a new strategy in an attempt to boost its share price.

Hoping for the BP share price to reach £5? This could be possible, according to analysts, but several things need to happen first. The post Can the BP share price reach £5? Here’s what needs to happen ...

A wave of closures and disposals is reshaping the global petrochemical sector as companies around the world rethink their ...