The decision to pause the biofuels investment was reportedly taken due to weaker-than-expected growth in that market.

BP has decided to halt plans to produce clean jet fuel at its Castellon oil refinery in Spain, Bloomberg News reported on ...

BP plc BP, the UK-based energy major, has decided to pause its plan to produce sustainable aviation fuel (SAF) at its Castellon refinery in eastern Spain, citing slower-than-expected growth in the ...

BP announced today it was cutting around 1,000 jobs at a huge oil refinery. The company said the decision followed a 10-week review of the Grangemouth refinery and petrochemical complex in Scotland.

Helge Lund is to step down as chairman of BP as the energy giant slashes green spending and pivots back to oil amid pressure from investors. The London-based company said Friday it had started a ...

In the strategy reset at the end of February, BP said it is increasing its investment in upstream oil and gas to $10 billion per year while slashing spending on clean energy by more than $5 ...

BP chair Helge Lund is set to step down after six years overseeing the oil giant. The Norwegian, who also serves as chair of healthcare giant Novo Nordisk, has held the role since 2019 after chief ...

Investing.com -- BP (NYSE: BP) Plc has put a pause on its plans to expand biofuels production at its Castellon oil refinery in Spain, Bloomberg reported on Tuesday, citing a source who wished to ...

BP (NYSE:BP) is pausing the expansion of a biofuels project to make sustainable aviation fuel at its Castellon oil refinery ...

Castellon oil refinery in Spain. The decision to pause the biofuel investment was driven by weaker-than-anticipated growth in the market.