Join us on May 21st for our 2025 Global Chemical Processing Project Spending Outlook! RSVP Today!
Sales & Support: +1 800 762 3361
Member Resources
BP, JERA, Form Offshore Wind JV as BP Backs Off Renewables

Researched by Industrial Info Resources (Sugar Land, Texas)--BP (NYSE:BP) (London, England) and Japan's JERA said Monday they have agreed to form a 50:50 joint venture to operate and develop offshore wind assets. The move is widely seen as part of BP's efforts to distance itself from renewable energy and focus on its oil and gas assets and projects. For related information, see December 3, 2024, article - BP Backing Away from Hydrogen and U.S. Onshore Wind to Boost Profits.

Login or Register for Instant Access

Subscribe Now!

(All Fields Required)

IIR Logo Globe

Site-wide Scheduled Maintenance for April 12, 2025, between 9 A.M. - 9 P.M. CST. During this time, all services will be unavailable periodically throughout the scheduled maintenance window.

×
×
Contact Us

For More Info!