BP

This week's EV Roundup sees Pod Point partner with housing developer Redrow, electricity grid upgrades and bp investing in Dynamon.

Oil giant BP announced profits for the first quarter of 2023 of £4 billion, and a further share buyback of £1.4 billion. 

The integrated energy services partner, Kent, has been awarded a pre–Front End Engineering Design (pre-FEED) study for BP’s Morven offshore wind project

BP has detailed in a strategy update that the oil and gas giant will invest up to £54 billion ($65 billion) in its transition growth engines (TGEs) but has reduced its emissions reduction target by 2030 due to continued investment in oil and gas.

Oil and gas giant BP confirmed it more than doubled its annual profit in 2022 to £23 billion ($27.7 billion), up from the £10.6 billion ($12.8 billion) witnessed in 2021, owing to soaring oil and gas prices.

Marks & Spencer (M&S) has signed an exclusive agreement with bp’s electric vehicle (EV) charging business, bp pulse, to install 900 EV chargepoints across 70 of its national stores over the next two years.

bp has recorded £7.1 billion ($8.2 billion) in Q3 profit as the oil and gas giant (O&G)benefits from elevated energy prices amid the ongoing European crisis.

​bp’s profits have surged to £6.9 billion ($8.45 billion) for Q2 2022, its highest in 14 years, amidst the continued energy crisis.

​ScottishPower’s parent company Iberdrola and oil and gas giant bp have announced a new strategic partnership to develop green hydrogen.

​Secretary of state for business, energy and industrial strategy (BEIS) Kwasi Kwarteng has called on North Sea oil and gas producers to invest in “the clean energy technologies of the future".