BP spins off offshore-wind business in joint venture with JERA, in pullback from renewables

BP has agreed to spin off its its offshore-wind into a newly formed joint venture with Japan’s JERA.

Topics

China's CATL forms joint venture with Stellantis to build electric vehicle battery factory in Spain

Chinese electric battery company CATL and automaker Stellantis say they will build a major battery factory in northern Spain
ABC News - 1d
A new benchmark for AI investment: Swift Ventures unveils system to separate talk from action

Swift Ventures launches an index of public companies truly investing in AI, showing 37% annual growth and outperforming the Nasdaq and S&P.
VentureBeat - 2d
BP shifts offshore wind to joint venture amid retreat from renewables

Energy company’s deal with Japan’s Jera will allow it to focus on exploiting oil and gas assets. Business live – latest updates BP has agreed a deal worth up to £4.5bn to build offshore ...
The Guardian - 2d
BP moves offshore wind business into joint venture with Japan’s Jera

British major is pulling back from renewables to refocus on oil and gas
Financial Times - 2d
BP, JERA to Create Offshore Wind JV

BP will merge its offshore wind-energy business with that of Japanese power-utility JERA to create a standalone company, in line with the British company’s strategy to focus on its more profitable ...
The Wall Street Journal - 2d
Shell and Equinor to create Britain's largest independent oil and gas company in joint venture

Britain's Shell and Norway's Equinor on Thursday announced plans to combine their British offshore oil and gas assets to create a jointly owned energy company.
CNBC - 6d
How the world’s biggest offshore wind company was blown off course

Denmark’s Ørsted was once seen as a model for how oil and gas giants could go green. Its recent troubles suggest that things may not be so easy
Financial Times - 6d
General Motors Takes $5 Billion Hit From Ailing China Business

The charge marks the latest example of how global automakers are struggling in China as local consumers embrace electric vehicles from homegrown brands.
The Wall Street Journal - Dec. 4
GM to sell stake in battery cell plant to joint venture partner for roughly $1 billion

General Motors plans to sell its stake in a $2.6 billion electric vehicle battery cell plant in Michigan to its joint venture partner LG Energy Solution.
CNBC - Dec. 2

BP spins off offshore-wind business in joint venture with JERA, in pullback from renewables

Topics

Related

China's CATL forms joint venture with Stellantis to build electric vehicle battery factory in Spain

A new benchmark for AI investment: Swift Ventures unveils system to separate talk from action

BP shifts offshore wind to joint venture amid retreat from renewables

BP moves offshore wind business into joint venture with Japan’s Jera

BP, JERA to Create Offshore Wind JV

Shell and Equinor to create Britain's largest independent oil and gas company in joint venture

How the world’s biggest offshore wind company was blown off course

General Motors Takes $5 Billion Hit From Ailing China Business

GM to sell stake in battery cell plant to joint venture partner for roughly $1 billion

More from MarketWatch

Albertsons is now suing Kroger for billions. That won’t help it find another buyer, analysts say.

UnitedHealthcare exec’s murder exposes a deeper problem no one wants to face

I’m 42 and married with no kids. I have $114K in a 401(k) and $1,400 in credit-card debt. How can I grow my wealth?

I have two life-insurance policies, but ‘rude’ agents keep calling me to change the terms. How do I stop this harassment?

‘I take pride in being debt-free’: My husband owes thousands of dollars in student loans and credit-card debt. Will I be on the hook if he dies?