--BP PLC is preparing to buy into the 26-gigawatt Asia Renewable Hub in Pilbara, Australia, one of the largest green hydrogen projects in the world, the Australian newspaper reports.

--The oil giant will take a stake of around 30% in the project, according to the Australian.

--BP will announce the investment this week, the Australian reports.

Full story: https://bit.ly/3P1ib66

Write to Joe Hoppe at joseph.hoppe@wsj.com

(END) Dow Jones Newswires

May 09, 2022 11:38 ET (15:38 GMT)

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