BP delays renewable fuels project in Australia for cost efficiency 1w I nvesting.com -- BP (NYSE:BP) Plc has postponed its ...

BP has indefinitely paused its carbon sequestration project, which would have required a pipeline to run through six Indiana ...

It was part of BP’s effort to make “blue” hydrogen — which is made using energy from fossil fuels, but includes carbon ...

BP (NYSE:BP) is hitting the brakes on its $1 billion green hydrogen and renewable fuels project in Kwinana, Australia, as financial pressures and policy delays take their toll. The project ...

BP buys and refines more than two dozen types ... including pipefitters and ironworkers, are working on the project. Despite delays in the construction timeline, he said at peak construction ...

but because of delays and rising costs, a funding gap has emerged. So far, $2.92 billion in BP funding has been approved for the project, but Landry says the cost has now risen to $3.1 billion.

Investing.com -- BP (NYSE: BP) Plc has postponed its plans to produce renewable fuels at the site of its former Kwinana oil refinery in Australia.This move is part of the company's wider ...