Oil major BP PLC (BP.L) said on Friday it plans to invest 1 billion pounds ($1.32 billion) in electric vehicle charging in the United Kingdom over the next decade, to meet the country’s growing demand for greener power. The company, which has sought to shift away from oil and expand operations in power markets and […]
Energy giant BP speeds up renewable energy makeover plan – EQ Mag Pro
BP said on Tuesday it was aiming to accelerate its goal to reach net-zero emissions by 2050 as the British energy giant seeks to shift away from fossil fuels and boost its renewable energy capacity. The company, which two years ago started on the biggest revamp in its history, now intends to halve its operational […]
A new beginning for AMPLY Power with bp – EQ Mag Pro
When we founded AMPLY Power in 2018, we envisioned a way to make the transition to EV fleets seamless, efficient and affordable for public and private fleets. We knew firsthand the challenges facing fleets trying to go electric, from infrastructure to financing, and saw the great potential for a new, end-to-end energy management and charging […]
BP eyes huge green hydrogen plant at UK’s Teesside to fuel heavy trucks – EQ Mag Pro
Supermajor says initial 60MW of electrolyser capacity could grow to 500MW by end of decade BP unveiled its largest green hydrogen initiative so far in its UK home market with plans for renewable H2 production in northeast England that it said could grow to half a gigawatt of electrolyser capacity by the end of the […]
BP Plans Green Hydrogen Base in U.K. as Energy Transition Speeds Up – EQ Mag Pro
BP Plans Green Hydrogen Base in U.K. as Energy Transition Speeds Up…Read More… Source : PTI
BP Is Financing The World’s First Solar-Powered Steel Mill – EQ Mag Pro
BP Is Financing The World’s First Solar-Powered Steel Mill Read More… Source : bloombergquint
BP leads USD 25 mn funding round in EV ride-hailing start-up BluSmart – EQ Mag Pro
New Delhi : BP Ventures has made its first direct investment in India by pumping in USD 13 million in integrated EV ride-hailing and charging company BluSmart. It led a USD 25 million Series A round that also saw support from Mayfield India Fund, 9Unicorns and Survam Partners, alongside other existing investors, the firm said […]
BP leads $25 mn Series A round in EV ride-hailing and charging startup BluSmart – EQ Mag Pro
BluSmart will use the capital to expand its fleet of electric vehicles and charging stations from its home city of Delhi to five additional Indian cities in the next two years. New Delhi: BP Ventures has made its first direct investment in India by pumping in $13 million in integrated EV ride-hailing and charging company […]
BP gambles big on fast transition from oil to renewables – EQ Mag Pro
All oil majors face mounting pressure from regulators and investors worldwide to develop cleaner energy and divest from fossil fuels, a primary source of greenhouse-gas emissions that cause global warming. LONDON : Deep in the Oman desert lies one of BP’s more lucrative projects, a mass of steel pipes and cooling towers that showcases the […]
BP sees potential for green hydrogen, ammonia plant in Australia
BP-AUSTRALIA/BP sees potential for green hydrogen, ammonia plant in Australia MELBOURNE : The production of green hydrogen and green ammonia is technically feasible at scale in Australia, but will require a major investment in port, electricity and water services, BP said on Wednesday, based on the findings of a study. The study, supported by the […]