BP Scraps 500-MW HyGreen Teesside Hydrogen Project in UK
03.10.2025 By Tank Terminals - NEWS

March 10, 2025 [Renewables Now]- Oil and gas major BP Plc confirmed a decision to call off its large-scale HyGreen Teesside project in the North East of England, in line with its “fundamentally reset strategy” to sharpen focus on its core operations.

 

“As we set out in our strategy reset announcement last week, in hydrogen and carbon capture bp is focusing on high-graded projects, prioritising 5-7 projects for this decade. In the UK, our focus is on the significant projects in Teesside — NZT Power, NEP, and also H2Teesside (blue hydrogen). Therefore, we are no longer progressing our plans to develop HyGreen,” a spokesperson for the company said.

HyGreen was set to be developed in multiple stages, targeting an overall hydrogen production capacity of up to 500 MWe ‎by 2030.

In 2022, BP signed a memorandum of understanding (MoU) for UAE-based renewable energy company Masdar to take a stake in the project.

Prior to the news about the HyGreen project, uncertainty loomed over another BP project — the Kwinana Energy Hub. In February, the British firm said it had decided to revise its plans for clean fuel and hydrogen production at its former oil refinery in Western Australia.

 

Free Trial: Access 13,300 Tank Terminal and Production Facilities

13,300 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

Europe
NW-Europe
AI Loses Its Shine as Money Rotates Back Into Big Oil
02.10.2026 - NEWS
February 10, 2026 [Oil Price]- Big Tech plans to spend hundreds of billions on AI this year, the ... Read More
Shell’s Oil Reserves Have Dropped to Lowest Levels Since 2013
02.10.2026 - NEWS
February 10, 2026 [Oil Price]- British Oil and Gas giant Shell Plc. (NYSE:SHEL) needs an explor... Read More
China's LNG Imports Set to Recover in 2026 Though Not to 2024 Level
02.10.2026 - NEWS
February 10, 2026 [Reuters]- China’s liquefied natural gas imports are set to rise in 2026 ... Read More
Petredec and Carnot Engines Partner on Next-Generation Engines
02.10.2026 - NEWS
February 10, 2026 [Storage Terminals Magazine]- Petredec, a global leader in the liquefied petrol... Read More