BP Pauses Renewable-Fuels Project in Australia

BP Pauses Renewable-Fuels Project in Australia Amid Cost Cuts
BP Plc is pushing back plans to make renewable fuels on the site of its former Kwinana oil refinery in Australia, amid a broader cost-cutting drive within the company.
BP Pauses Development of Kwinana Biofuels Plant Amid Cost Cuts
BP's decision to pause the Kwinana Renewables Fuels project is likely to have stemmed from its increasing costs.
BP pauses $1B Australia biofuels project in latest cost-cutting move
BP is pushing back plans to make renewable fuels at the site of its former Kwinana oil refinery in Australia, the latest step in the company's broader cost-cutting drive.
BP delays renewable fuels project in Australia for cost efficiency
Plc has postponed its plans to produce renewable fuels at the site of its former Kwinana oil refinery in Australia. This move is part of the company's wider cost-reduction efforts.
BP puts the brakes on multimillion-dollar renewables project Down Under
UK energy giant BP has hit pause on a clean fuels project worth around a A$1 billion (US$619 million) at its under-construction Kwinana energy hub in Western Australia.
BP to ‘rephase’ Kwinana renewable fuels project
BP has paused work on its Kwinana Renewable Fuels project, which earlier was expected to start making sustainable aviation fuel and renewable diesel as early as 2027...Read More
European Equities Close Mixed in Tuesday Trading; BP Shelves Australia Renewable Project Amid Cutbacks
The European stock markets closed mixed in Tuesday trading as The Stoxx Europe 600 rose 0.27%, Germany's DAX gained 0.39%, the FTSE 100 in London was off 0.12%, France's CAC 40 was up 0.74%, and the Swiss Market Index declined 0.
BP's Energy Shake-Up: $1B Green Project Stalls While a $25B Oil Deal Gains Traction
BP hits pause on renewables in Australia but ramps up oil investment in Iraq--what this shift means for investors.
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BP puts its $600m Perth clean fuel refinery plans on ice
The British petroleum giant had expected to decide on the development later this year, but said on Monday that it would delay ...