The two companies are aiming to further digital transformation in energy systems and advance the net zero carbon goals of each other.
Air bp will make the Neste-produced fuel available at selected airports in Europe, with deliveries to airports including Stockholm and Oslo expected to begin in the coming weeks.
The company has said it "respectfully disagrees" with the US EPA's repeal last week of methane limits.
Will Scargill, Managing Oil & Gas Analyst at GlobalData, says that BP's transition to an integrated energy company will require "significant movements in the M&A market, if it is to be delivered in the targeted timeframe."
BP has licensed its latest generation purified terephthalic acid technol-ogy to Dongying Weilian Chemical in China.
GlobalData has released a comment on the recent 1Q20 results of several oil and gas companies, highlighting the industry’s volatility.