BP (British Petroleum) is a globally integrated energy company operating across the entire oil, gas, and renewable energy value chain. Headquartered in London, BP is active in exploration, production, refining, marketing, trading, and energy transition technologies. With over 70,000 employees in more than 70 countries, BP is investing heavily in low-carbon solutions, including hydrogen, wind, and electric vehicle charging infrastructure. The company’s ambition is to become a net-zero company by 2050, reshaping the global energy landscape through innovation, efficiency, and sustainability.
The joint venture combines crop science and refining expertise to establish a dedicated, large-scale feedstock pathway supporting the growing global demand for sustainable aviation fuel and renewable diesel.
BP confirms a 1,000-meter gross hydrocarbon column with significant oil and gas-condensate liquids in the Bumerangue block, Santos Basin, and plans appraisal activities for early 2027.
The Volans-1X exploration well discovered a high-quality, 26m rich gas condensate reservoir with excellent properties, a high condensate-to-gas ratio (>140 bbl/mmscf), and a 40 degrees API gravity liquid.
The Tiber platform, a major project for bp, will produce 80,000 barrels of oil per day and unlock approximately 10 billion barrels of discovered resources in the Gulf of America.
BP and Libya's National Oil Corporation sign an MoU to explore redeveloping giant Sarir and Messla oilfields and assess unconventional potential in Libya.
BP approves the next phase of Shah Deniz, advances electrification and solar projects for lower emissions, and secures new exploration blocks, deepening its 30+ year Azerbaijan partnership.
bpTT’s Mento project delivers first gas; drilling begins for seven more wells, advancing Trinidad’s energy output and reinforcing bp’s regional production goals.