bp and Enagás team up to develop low carbon transport fuels in Spain

The agreement aims to scale up the production of sustainable fuels in the Spanish market and develop the necessary infrastructure for wider adoption

BP to cut 10,000 jobs as energy demand slumps amid coronavirus pandemic

The firm aims to cut its capital spending by a quarter this year, totalling a reduction of around $3 billion

BP to donate 3m gallons of jet fuel to help with Covid-19 relief in US

The fuel will be used for charter flights carrying PPE – the energy giant claims associated carbon dioxide emissions will be offset through certified US projects

BP offers supercomputer facility to speed up global Covid-19 mitigation measures

The oil and gas company has joined the US Government-led consortium to find a cure for the global pandemic

BP, Eni, Equinor, Shell and Total join forces to store emissions under the North Sea

The Net Zero Teesside project aims to decarbonise local industry by building a transportation and storage system to gather industrial carbon dioxide, compress it and store it safely in reservoirs under the sea

BP’s business-builder unit buys fibre optics developer

Fotech says the acquisition will enable it to deploy its technologies at scale in sectors including energy and into smart city

BP pledges to reach net zero by 2050

The energy giant has pledged to invest more in low carbon technologies and less in oil and gas after acknowledging ‘the world’s carbon budget is finite and running out fast’

BP finance chief to retire after 34 years at the company

Brian Gilvary will be succeeded by Murray Auchinchloss, who is currently the CFO of BP’s Upstream segment

BP invests in Chinese AI energy management tech specialist

R&B’s energy management systems are designed to predict, control and improve a building’s energy use

BP to sell North Sea assets to Premier Oil in £475m deal

It is the latest step in BP’s planned programme of £7.6bn of divestments by the end of 2020