LONDON, Dec 9 (Reuters) - BP (BP.L), opens new tab and Japanese power generator JERA have agreed to join forces to form one of the world's largest offshore wind operators, a major step in CEO ...

British oil company British Petroleum (BP) and Japan's largest power firm JERA have created an equally owned joint venture to create one of the world's biggest global offshore wind businesses. BP ...

The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not ...

BP spins off offshore-wind business in joint venture with JERA, in pullback from renewables The two companies pledged to invest a combined sum of up to $5.8 billion into the joint venture by 2030.

BP currently does not have any offshore wind farms in operation. The offshore business has stakes in projects in Britain, Germany, the United States and Asia, and had a pipeline of projects with a ...

BP Plc and Jera Co., Japan’s biggest electricity producer, will merge their offshore wind businesses as the British oil major seeks to cut its exposure to the troubled green power sector.

BP has offshore wind development projects in Germany, the UK, and the U.S. Last month, the company said it would sell its onshore wind business in the United States and aims to bring together the ...

British oil and gas multinational BP Plc has announced plans to sell its onshore wind business in the U.S., saying the business is not aligned with its growth plans ...

In a recent joint release, BP and JERA Co. Inc. announced the leadership team of their planned 50-50 offshore wind joint venture. JERA Nex BP will be led by CEO Nathalie Oosterlinck, the current ...

The company owns interests in 10 US wind operations, operating 9 of them through its business unit bp Wind Energy.Total capacity of the 10 projects comes to 1.7 gigawatts, all of which is grid ...

BP will merge its offshore wind-energy business with that of Japanese power-utility JERA to create a standalone company, in line with the British company’s strategy to focus on its more ...