Upgraded wind turbines at Fowler Ridge 1 could generate up to 40% more energy The project extends the life of the facility and increases production by deploying a newer, more efficient and reliable technology bp plans to recycle the decommissioned blades, keeping millions of pounds of materials out of landfills bp has completed a major technology upgrade at its Fowler Ridge 1 wind farm in northwest Indiana that will [...]
Deal with bp pulse marks first time Tesla's ultra-fast chargers will be purchased for deployment on an independent EV charging network. Agreement forms part of bp's plans to invest up to $1 billion in EV charging across the US by 2030. bp pulse, bp's EV charging business, has already installed more than 27,000 charge points and aims to roll out more than 100,000 globally by 2030. As early as 2024, Tesla chargers will be [...]
The plant converts landfill gas into renewable natural gas, reducing emissions, improving air quality and providing fuel for potential use in homes, businesses and transportation. Deployment represents an industry first, streamlining and accelerating build times for RNG plants. Archaea is a key part of bp's plan to increase biogas supply volumes by around six times by 2030, to about 70,000 barrels of oil equivalent per [...]
The 187-megawatt dc Peacock Solar project will help power a Gulf Coast Growth Ventures petrochemical complex The project is expected to come online in the second half of 2024 At full capacity, Peacock's renewable power could avoid more than 256,000 metric tons of greenhouse gas emissions each year - equivalent to around 55,000 fuel-burning cars* Peacock is expected to create up to 300 jobs during construction and provide [...]
Tamboran Resources Limited has entered into two non-binding Memorandum of Understandings with BP Singapore Pte. Limited , a subsidiary of BP plc, and Shell Eastern Trading Ltd. , a subsidiary of Shell plc regarding the potential purchase of liquefied natural gas from Tamboran's proposed NTLNG project at Middle Arm. The two MOUs include volumes for bp and Shell to each purchase up to 2.2 million tonnes of LNG per annum [...]
Adds a network of around 280 travel centers, strategically located on major highways across US; complementing bp's US convenience and mobility business. Almost doubles bp's global convenience gross margin. Brings growth opportunities for four of bp's five transition growth engines including EV charging via bp pulse, convenience, biofuels/ renewable natural gas and, later, hydrogen. Adds EBITDA immediately, expected to [...]
bpx energy, bp's U.S. onshore upstream business, expands MiQ certification to all U.S. onshore facilities in Texas and Louisiana. Independent certification is occurring for 1.1. billion cubic feet per day of bp's U.S. onshore natural gas production and has been third party audited against MiQ's Standard. The MiQ Standard assesses methane emissions management across three criteria: methane emissions intensity at a facility [...]
Texas Pacific Land Corporation announced today a long-term agreement with bpx energy , a subsidiary of BP P.L.C. , to provide water services and surface access across approximately 270,000 acres in Culberson, Loving, and Reeves Counties, Texas. Under the agreement, TPL will receive dedicated brackish and treated water sales, certain produced water commitments, and access to produced water for commercial treatment [...]
BP p.l.c. Director Declaration BP p.l.c. announces that with effect from 15 February 2023, Karen Richardson, Non-Executive Director of BP p.l.c., has become a director of Exponent, Inc. a US-quoted company. This notice is given in fulfilment of the obligation under paragraph 9.6.14R of the Listing Rules. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial [...]
Adds a network of around 280 travel centers, strategically-located on major highways across US; complementing bp's US convenience and mobility business. $1.3bn cash acquisition within bp's $16-18bn frame, with acquisition multiple of around six times based on last 12 months' TravelCenters EBITDA i Adds EBITDA immediately, expected to grow to around $800m by 2025, underpinned by investment, integration value and synergies [...]
bp's 134 megawatt dc Arche solar project is now under construction in Fulton County, Ohio; Power Purchase Agreement secured with Meta At full capacity, Arche's renewable power could avoid more than 155,900 metric tons of greenhouse-gas emissions annually - equivalent to 34,000 fuel-burning cars Arche is expected to create around 200 jobs during construction and provide more than $30 million in revenue to benefit local [...]
Today bp completed its purchase of Archaea Energy Inc., a leading provider of renewable natural gas , marking a milestone in the growth of bp's strategic bioenergy business. "We see enormous opportunity to grow our bioenergy business by bringing Archaea fully into bp," said Dave Lawler, chairman and president bp America. "The talent, expertise and passion of their team has let them achieve incredible growth so far, and [...]
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