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Share Price Information for BP (BP.)

London Stock Exchange
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Share Price: 471.00
Bid: 470.40
Ask: 470.60
Change: 0.50 (0.11%)
Spread: 0.20 (0.043%)
Open: 468.40
High: 473.15
Low: 467.30
Prev. Close: 470.50
BP. Live PriceLast checked at -

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Sweden sets plan for up to 120 TWh of offshore wind power capacity

Tue, 15th Feb 2022 08:29

OSLO, Feb 15 (Reuters) - Sweden presented plans on Tuesday to build offshore wind power plants that will generate 20-30 terawatt hours (TWh) per year, with an aim to reach 120 TWh at a later stage.

The areas are located in the waters both east and west of Sweden, the Nordic country's government said.

"This way we secure the electricity supply, enable the (energy) transition and secure good electricity prices in the long term," Energy Minister Khashayar Farmanbar said in a statement.

Sweden currently consumes about 140 TWh per year, and power consumption is expected to rise considerably in the coming years as the country's industries and transport sector are phasing out fossil fuels, the government said.

Offshore wind power is in high demand, Climate Minister Annika Strandhaell said.

"We are now accelerating the expansion of offshore wind power by pointing out a number of suitable areas far out to sea. At the same time, we instruct the Swedish Energy Agency to propose even more areas," she said. (Reporting by Victoria Klesty and Nora Buli, editing by Terje Solsvik)

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9 Apr 2024 07:51

BP expects rise in first-quarter upstream energy output

April 9 (Reuters) - BP said on Tuesday it expects first-quarter upstream production of both oil and gas as well as low-carbon energy to be higher than the previous three months.

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BP sees higher Q1 upstream production

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LONDON MARKET MIDDAY: Stocks up as Fed chair calms some rate nerves

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Sector movers: Builders and REITS slip, geopolitics boost Big Oil and gold miners

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Biden administration approves eighth US offshore wind project

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LONDON MARKET OPEN: FTSE 100 up as oil majors and gold miners shine

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European oil stocks gain on expectations for higher demand, supply concerns

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28 Mar 2024 10:00

How the oil industry is thriving despite Joe Biden's climate policies

GRAPHIC on Biden's oil boom: https://www.reuters.com/graphics/USA-BIDEN/OIL/lgpdngrgkpo/

By Nichola Groom, Jarrett Renshaw

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