BP

The Australian Renewable Energy Agency (ARENA) has announced $1.71 million in funding to BP Australia to assess the feasibility of building a renewable hydrogen and ammonia production facility in Geraldton, Western Australia.

BP has set a new ambition to become a net zero company by 2050 or sooner, "and to help the world get to net zero."

The board of BP has announced that Brian Gilvary, BP chief financial officer (CFO), has decided to retire from the company and step down from the BP board on 30 June 2020.