BP to Construct Up to 10 Green Hydrogen Projects This Decade
7/30/2024
(Reuters) — BP aims to construct five to 10 low-carbon hydrogen projects this decade in order to produce clean fuels and reduce greenhouse emissions, CEO Murray Auchincloss said on Tuesday.
The so-called green hydrogen, produced through electrolysis using renewable power, will be used to produce sustainable aviation fuel and decarbonize BP's refining operations, he said.
"In hydrogen, we will be focused on five to 10 construction projects this decade starting with the first two in Europe," Auchincloss told Reuters.
BP on Tuesday said it has given the green light for the development of a hydrogen project at its Castellon refinery in Spain and that it was preparing to go ahead with a second project at its Lingen refinery in Germany.
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Pipeline Project Spotlight
Owner:
East African Crude Oil Pipeline Company
Project:
East African Crude Oil Pipeline (EACOP)
Type:
TotalEnergies in discussions with a Chinese company after Russian supplier Chelpipe was hit by sanctions.
Length:
902 miles (1,443 km)
Capacity:
200,000 b/d
Start:
2022
Completion:
2025
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