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CORPORATE STRATEGY

BP Sets Out Stall for Low-Carbon Fuels in Australia

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  • BP will start off supplying local markets with hydrogen/ammonia and biofuels produced in Australia before turning its attention to exports.
  • Large-scale capacity projects will help the UK major lower production costs, a major barrier to the development of green hydrogen.
  • The long-delayed Browse offshore gas project could be BP’s last chance to turn the tide on its declining upstream activities Down Under.

The Issue

Topics:
Hydrogen, Biofuels (incl. SAF), Renewable Electricity , Majors, Corporate Strategy , LNG Projects
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