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BP Dilutes Stake in Australia’s Browse With 5% Sale to GS Energy

1 June 2026 at 07:54
BP Plc has agreed to dilute its stake in the A$48.7 billion Browse natural gas project by selling 5% to South Korea’s GS Energy Corp.

The Shell Plc company logo on a forecourt canopy at a petrol station in Brentwood, UK, on Thursday, Feb. 2, 2023. Shell posted a fourth-quarter profit that was well ahead of expectations as its natural gas business thrived, lifting the oil major to a record performance in 2022 fueled by soaring energy prices. Photographer: Chris Ratcliffe/Bloomberg
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