BP is indefinitely pausing multibillion-dollar hydrogen project projected to create about 16,000 construction jobs in Northwest Indiana. The London-based oil giant also is putting the brakes on a ...

Supermajor would only be able to move forward with H2 Teesside scheme if UK government grants compulsory purchase order ...

The BP spokesperson on Tuesday also told Upstream that the company couldn’t make any comment on the H2Kwinana project “until the federal government's Hydrogen Headstart decisions are announced”.

BP (BP) is not alone in abandoning its green hydrogen ambitions; also on Thursday, iron ore miner Fortescue (OTCQX:FSUMF) said it will exit plans for a $550M green hydrogen project in the U.S. and ...

The green hydrogen market is losing momentum as high costs, uncertain demand, and major energy firms abandoning projects ...

Developers of green hydrogen have scaled back investments and scrapped projects globally as elevated production costs and weak demand for the low-carbon fuel have made many ventures unviable.

BP exits $36B Australian green hydrogen project in latest move away from renewables Jul. 24, 2025 11:14 AM ET BP p.l.c. (BP) Stock FSUMF By: Carl Surran, SA News Editor 10 Comments ...