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
Uniper will Launch the Sale of its 20% Stake in Gas Pipeline OPAL
12.16.2025 - NEWS
December 16, 2025 [Uniper]- Uniper will launch the sale of its 20% stake in the regulated OPAL ga... Read More
Spain's Solarig to Invest Over $400 Million in Biomethane Plants in Poland
12.16.2025 - NEWS
December 16, 2025 [Reuters]- Spanish renewable developer Solarig will invest over 1.5 billion zlo... Read More
LNG Supply Expands Faster Than China’s Demand Growth
12.16.2025 - NEWS
December 16, 2025 [Oil Price]- China’s LNG demand is disappointing in 2025 for a second year in... Read More
Tanker Fleet Crunch Forecasts Strong Rates Through Early 2026
12.16.2025 - NEWS
December 16, 2025 [Oil Price]- Oil tanker rates are set to stay elevated in early 2026 as crude s... Read More