BP had plans to construct a biofuels project in Australia, known as Kwinana Renewable Fuels (“KRF”), alongside a green hydrogen plant named H2Kwinana. The Kwinana refinery was once Australia ...

BP (NYSE:BP) said Tuesday it is pushing back plans to make renewable fuels at the site of its former Kwinana oil refinery in Australia, the latest step in the company's broader cost-cutting drive.