Tag Archives: British Petroleum Co. (BP)

The project is ultimately aimed at delivering and improving on BP’s methane intensity target of 0.2% from its upstream operations.

The Norwegian energy giant has also launched a share buyback of up to $5 billion.

It has received backing from major companies including BP. Equinor. Shell. Siemens. Total and Wood.

Current data shows there are more than two billion barrels of oil equivalent in near-field opportunities that could potentially be unlocked.

The two new 150kW chargers are the first in a planned rollout of 400 ultra-fast charging points at BP sites by the end of 2021.

Three of the oil officials said Exxon had costed the project at higher than Hyundai’s $2.4 billion.

In 2011 BP acquired a 30 per cent stake from Reliance in some of its exploration blocks.

Gas has been one of the headwinds impacting earnings for the majors.

They have already opened a pilot site in Guangzhou. with 10 fast charging units.

China is the world’s largest and fastest developing EV market. with around 50% of the world’s battery powered EVs.