Keyword: BP

News

BP and China PET Producer Explore Opportunities

24.04.2020 - BP has signed a strategic cooperation agreement with China Resources Chemical Innovative Materials Holdings (CRC), a leading PET producer and one of the UK energy and petrochemical...

News

Rystad Predicts Global E&P Capex to Reach at least a 13-Year Low in 2020

30.03.2020 - Global capital expenditure (capex) for exploration and production firms (E&Ps) is expected to drop by up to $100 billion this year, about 17% versus 2019 levels, under Oslo, Norway...

News

BP Quits US Trade Associations

02.03.2020 - BP had decided to quit three trade associations in the US, stating they are no longer aligned with its ambition to become a net zero carbon emissions company by 2050. The...

Markets & Companies

Chemical Recycling: Racing to Close the Loop

22.11.2019 - In Europe, chemical recycling, also known as feedstock recycling, is the “buzz” phrase of the moment, thanks especially to the EU’s Circular Economy plans that passed all instances...

News

BP Invests in US Forest Carbon Company

29.10.2019 - BP Ventures has invested $5 million in Finite Resources, the parent of Finite Carbon, a US-based forest carbon management company. Founded in 2009, Finite Carbon has since become...

News

BP Mulls Acetic Acid JV in China

22.10.2019 - BP has signed a Memorandum of Understanding (MoU) with Zheijiang Petroleum and Chemical Corporation (ZPCC) to explore establishing a 50:50 joint venture to build and operate a 1...

News

Consortium Studies Cracker of the Future

29.08.2019 - Six major petrochemical producers have formed a consortium to jointly investigate whether they could use renewable electricity instead of fossil fuels in naphtha- or gas-based...

News

BP and Bunge Link on Brazilian Biofuels

25.07.2019 - BP and Bunge have agreed to combine their Brazilian biofuel, biopower and sugar businesses into a 50:50 standalone joint venture, BP Bunge Bioenergia. Headquarters are expected to...