bp | Latest News & Updates - Nov 20, 2024 Release

bp plans to lead in bioenergy with a combined 130,000 bpd capacity of ethanol and HVO/SAF by 2030, highlighted by its Kwinana project...


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bp

🌎 bp.com

bp is a leading global energy company headquartered in London, England, focused on reimagining energy for people and the planet. The company is primarily involved in oil and gas exploration and production, while also investing in lower-carbon energy solutions. bp aims to transition towards a more balanced energy system that delivers secure, affordable, and lower-carbon energy, increasing its investment in sustainable energy from 3% in 2019 to 23% in 2023.


bp - Latest News and Updates

  • bp plans to lead in bioenergy with a combined 130,000 bpd capacity of ethanol and HVO/SAF by 2030, highlighted by its Kwinana project.
  • On November 20, 2024, bp Trinidad & Tobago was awarded the NCMA 2 block for exploration about 30 miles off Trinidad’s north coast.
  • bp, Equinor, Shell, and TotalEnergies have committed $500 million to support UN Sustainable Development Goal 7 by investing in energy access projects in Sub-Saharan Africa, South, and Southeast Asia.
  • bp reached an agreement with GRUPO MIGASA to supply non-food industrial waste from vegetable oil for producing renewable fuels in Castellón.
  • bp plans to form a joint venture with Corteva to produce crop-based biofuel feedstocks for sustainable aviation fuel, aiming to deliver one million metric tons annually by the mid-2030s.
  • On November 18, bp inaugurated its first Aral pulse charging park in Mönchengladbach, featuring 28 charging bays and 14 ultra-fast chargers with up to 400 kW capacity.
  • bp is collaborating with GE Vernova, Equinor, and Technip to develop the Net Zero Teesside Power plant, a natural gas facility with carbon capture for sustainable energy.
  • bp has started testing hydrogen in a pilot kiln for frit production as part of the H2frit project, aiming to decarbonize the ceramic frit sector, according to Irene Lores, bp's Director of Hydrogen Business Development.
  • bp pulse has launched three ultra-fast charging sites in France and plans to open more by the end of 2024.
  • bp is currently hiring a Digital Advisor – S2C Global Product Owner in Hungary.

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