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In a statement, the company cited economic uncertainty, the slow-developing hydrogen market and BP’s renewed focus on oil and gas, among its reasons for its halt on the carbon storage project.
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Activists and northwest Indiana residents are asking the Indiana to reduce water pollution coming from BP’s Whiting Refinery.
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BP said it has contained the leaks at its Whiting Refinery and that the air monitors haven’t shown elevated readings.
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Oil giant BP agreed Thursday to pay a $512,450 penalty and reduce soot emissions from its Whiting refinery in Indiana under an agreement with regulators and activists who accused the company of violating an earlier deal.