BP
BP’s Geraldton green hydrogen dream needs help
Green hydrogen has long term promise for WA but needs help to scale and escape the trap of being an expensive product with a limited market.
In WA BP has one-sixth of the North West Shelf LNG project, operates the nearby Ironbark gas prospect and has petrol stations and an oil refinery in Kwinana slated to close in 2021.
BP
Green hydrogen has long term promise for WA but needs help to scale and escape the trap of being an expensive product with a limited market.
Gas
BP's Ironbark well off WA is a duster with "no significant hydrocarbon shows" killing hopes of gas supply to the North West Shelf LNG plant and crashing shares in Cue and NZ Oil and Gas.
Oil
Triangle Energy has six months to find a viable route to market for oil that now goes to BP Kwinana or its Cliff Head operation could become a liability for the Federal Government.
BP
The effect of BP closing its Kwinana oil refinery after 65 years will be felt far and wide in the WA economy - especially among workers and other industries, but BP will do just fine.
Renewable Energy
WA wants to hear from companies interested in turning the Oakajee industrial site into a hub for green hydrogen.
LNG
BP, unlike Chevron, remains committed to Woodside-operated North West Shelf LNG as it waits to drill nearby Ironbark, but Browse is unlikely to meet its investment criteria.
Hydrogen
BP has joined Yara in looking at huge projects to unlock WA's vast solar and wind resources to replace gas in the production of ammonia.
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Some of the biggest oil and gas companies in the world are playing an expensive game of brinkmanship in the North West of WA.