Oil giant BP buys into US$36 billion Australia renewables project


Britain-based BP has vowed to become cleaner and greener company, but remains heavily invested in oil and gas projects around the world. – EPA pic, June 15, 2022.

FOSSIL fuel giant BP revealed today it was taking a 40.5% stake in an Australian energy project being billed as one of the world’s largest renewable power stations.

BP said it would operate the US$36 billion “Asian Renewable Energy Hub”, an array of solar and wind facilities sprawled over 6,500sq km  of Australia’s sparsely populated west coast.


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