bp halts plans to make clean jet fuel at Spain plant
4/8/2025 1:00:00 PM
bp has decided to halt plans to produce clean jet fuel at its Castellon oil refinery in Spain. The decision to pause the biofuel investment was driven by weaker-than-anticipated growth in the market.
In February, bp unveiled plans to increase its oil and gas investments and slash spending on renewables, as part of its efforts to boost returns and improve financial performance.
Related News
- Hanwha Ocean signs strategic MoU with Kanata Clean Power for proposed $15.7-B, 12-MMtpy FLNG project in Canada
- Burckhardt Compression secures milestone order for first industrial scale liquefied CO₂ carrier supporting Northern Lights CCS project
- Dynelectro dispatches 250-kW electrolyzer unit to Syntholene’s Iceland eSAF project
Comments