Bernard Looney, CEO of BP
BP evaluates hydrogen shipping options
Not all customers want fuel in the form of ammonia, says CEO Bernard Looney
BP is evaluating different transport options for its nascent hydrogen supply business and will provide updates on its plans in February next year. The firm is investing in green hydrogen supply projects and has acquired a 40.5pc equity stake in, and become operator of, the Asian Renewable Energy Hub—a planned 26GW onshore wind and solar project in Australia that will also produce green hydrogen. But it has not yet established in what form the hydrogen from this and its other projects will be shipped. “Transport is a big challenge for green hydrogen,” says BP CEO Bernard Looney. “Not everyone wants ammonia. Our teams are looking at that.” BP’s recently hired executive vice-president of gas an
Also in this section
24 January 2025
Clean hydrogen sector has enough traction globally to ride out a period of policy uncertainty under the Trump administration
23 January 2025
Russia, Poland and Romania are the biggest players when it comes to hydrogen projects in the region
23 January 2025
The UK leads Western Europe in terms of active hydrogen project market share, but developments are planned across Italy, Spain, Portugal, the Netherlands and the Nordic countries
23 January 2025
The return of Donald Trump gives further evidence of ‘big oil’ as an investable asset, with the only question being whether anyone is really surprised
