Latest in Bp Jera
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BP and Shell rein in electricity ambitions to escape ‘valley of death’
Oil majors caught between pro-fossil fuel and pro-climate investors scale back $18bn power generation pushFinancial Times - 1d -
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.MarketWatch - 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 gasFinancial 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