Tag: BP

bp and thyssenkrupp Steel work together to advance the decarbonisation of steel production

Stuart Mitchell

bp and thyssenkrupp Steel have announced they have signed a memorandum of understanding (MoU) focused on the development of long-term supply of low carbon hydrogen and renewable power in steel production, helping accelerate the steel industry’s wider energy transition.   thyssenkrupp Steel accounts for 2.5 percent of CO2 emissions in Germany, mainly at the Duisburg site where the main emitters, the blast furnaces, are operated. By replacing the coal-fired blast furnaces with direct reduction plants where iron ore is reduced with low-carbon hydrogen, thyssenkrupp Steel intends to make steel production climate-neutral…

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bp to lead and operate one of the world’s largest renewables and green hydrogen energy hubs based in western Australia

Stuart Mitchell

bp has agreed to acquire a 40.5 per cent equity stake in and to become operator of the Asian Renewable Energy Hub (AREH), which has the potential to be one of the largest renewables and green hydrogen hubs in the world. Based on the development of world-scale renewable power generation, AREH, in the Pilbara region of Western Australia, intends to supply renewable power to local customers in the largest mining region in the world and also produce green hydrogen and green ammonia for the domestic Australian market and export to…

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Rio Tinto and bp sign one-year trial of marine biofuels

Stuart Mitchell

Rio Tinto and bp have agreed to work together on a one-year biofuel trial to help reduce carbon emissions from Rio Tinto’s marine fleet.  Under the trial, bp is supplying Rio Tinto with marine biofuel for approximately 12 months. The fuel will be trialled on Rio Tinto’s RTM Tasman vessel on a mix of Transatlantic and Atlantic-Pacific routes, in one of the longest-duration marine biofuel trials to date.  The results of the trial will help Rio Tinto study ways to reduce its carbon emissions from its marine fleet and inform…

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bp and Clean Planet Energy reach agreement to help advance the circular plastics economy

Stuart Mitchell

bp has signed a ten-year offtake agreement with Clean Planet Energy, a UK-based company that is developing facilities to convert hard-to-recycle waste plastics into circular petrochemical feedstocks and also into ultra-low sulphur diesel (ULSD). Clean Planet Energy designs and builds facilities — which they refer to as ecoPlants — that are expected to process plastics typically rejected by traditional recycling centres and so would otherwise be sent to landfill or incineration.  Under the new agreement bp will initially receive the output of Clean Planet Energy’s first facility, currently under construction in Teesside…

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bp joins Global Centre for Maritime Decarbonisation

Stuart Mitchell

bp has joined the Global Centre for Maritime Decarbonisation (GCMD) as a strategic partner, which was marked by a partnership agreement ceremony in Singapore this morning. GCMD was set up to help drive decarbonization of the maritime industry and bp is pleased to be working with GCMD to help further this aim. GCMD is based in Singapore – one of the world’s busiest ports. It was set up as a non-profit organization in August last year to help the maritime industry meet or exceed the International Maritime Organization’s (IMO) GHG…

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