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BP Beefs Up Carbon Capture Team in Bid to Meet Climate Goals

Feb. 13, 2020, 3:31 PM

BP Plc is expanding its team working on carbon capture and storage projects as part of its ambition to zero out net greenhouse-gas emissions by 2050.

The oil major has added staff over the past 12 months and is reorganizing teams that have been dispersed within different units of the company, a spokesperson confirmed. The moves build on Chief Executive Officer Bernard Looney’s announcement Wednesday that BP will target pollution not only from its own energy use but from the fuel its customers use, known as Scope 3 carbon emissions.

The moves add the weight of Europe’s second-biggest oil company to efforts to make...

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