BP p.l.c. (NYSE:BP) reportedly implemented a hiring freeze and halted new offshore wind projects, shifting focus back to oil and gas due to investor dissatisfaction with the company’s energy ...
In a statement, the company cited economic uncertainty, the slow-developing hydrogen market and BP’s renewed focus on oil and gas, among its reasons for its halt on the carbon storage project. Oil ...
As a Whiting resident, Lisa Vallee is happy to no longer worry about BP’s proposed carbon sequestration project. “It seems, on the surface, like it’s such a great idea,” said Vallee, who is also the ...
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