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| Name | Symbol | Market | Type |
|---|---|---|---|
| BP Plc | NYSE:BP | NYSE | Depository Receipt |
| Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -0.877 | -2.77% | 30.803 | 31.00 | 30.5199 | 30.53 | 16,447,843 | 00:59:19 |
From Sep 2022 to Sep 2024
By Anthony O. Goriainoff
Alkemy Capital Investments PLC said Wednesday that its subsidiary Tees Valley Lithium Ltd., or TVL, has entered into a preliminary agreement with BP Alternative Energy Investments Ltd. for the supply of green hydrogen.
The London-listed company, which was created to buy a business or controlling interest in the mining and technology metals sector, said BP Alternative Energy--a member of the BP PLC group of companies--will supply green hydrogen to TVL's green-hydrogen electrolytic production facility in Teesside, England.
TVL also said it would partner with BP to evaluate the feasibility of further decarbonizing its processes and energy requirements through a switch from natural gas to green hydrogen.
"The project will help transform local energy use, the local economy and skills development in the community. It will also help us deliver economic growth and the home-grown hydrogen that the U.K. needs," BP said.
Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com
(END) Dow Jones Newswires
October 12, 2022 05:16 ET (09:16 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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