Market Chatter: BP Delays Plans for Renewable Energy Plant in Australia

MT Newswires Live

2025/02/04

BP (BP) is delaying plans to convert its former Kwinana oil refinery in Australia to produce renewable fuels, Bloomberg reported Tuesday, citing an email from the company.

The report also cited an internal memo that said BP has stopped or paused 30 projects since June as the oil and gas giant enacts cutbacks.

BP did not immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6088","symbol_name":"石油天然气设备与服务","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2508727454","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2508727454","pubTimestamp":1738678555,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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