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Oil giant BP is killing 18 hydrogen projects, chilling the nascent industry

By TechCrunch   |   Nov 5, 2024 at 12:45 PM EST
Oil giant BP is killing 18 hydrogen projects, chilling the nascent industry

BP's decision to scrap 18 hydrogen projects from its portfolio will save $200 million annually. This move could impact the hydrogen industry, as BP scales back its plans to develop between five and ten projects.

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