BP is a global energy company that produces, trades, and sells energy products, including oil, gas, and fuels. It also invests in low-carbon energy sectors such as EV charging, biofuels, hydrogen, and renewable energy technologies.
BP is a global energy company that produces, trades, and sells a wide range of energy products, including oil, gas, petrol, diesel, and jet fuel. The company operates through three primary businesses: gas and low-carbon energy, production and operations, and customers and products. These activities are supported by specialized functions in trading, shipping, technology, and finance. BP maintains a large-scale operational footprint, with thousands of engineers and employees dedicated to refining, distribution, and exploring new energy solutions, supported by extensive research and development investments and thousands of patents. Their strategy focuses on maintaining reliable oil and gas production while selectively investing in lower-carbon technologies like biofuels, biogas, EV charging, hydrogen, and carbon capture.
By delivering essential energy resources, BP plays a critical role in supporting global energy markets and the daily needs of millions of consumers, from domestic heating and electricity generation to the supply of raw materials for diverse industries. The company is actively working to navigate the energy transition by balancing current energy reliability with long-term sustainability goals, including a target to reach net zero emissions for its operational footprint by 2050. Through its diversified business model, BP seeks to create value for shareholders, maintain high safety standards, and foster partnerships that enable the integration of new energy models and services, ensuring consistent delivery of energy products during periods of global supply disruption.