Our purpose is reimagining energy for people and our planet. We want to help the world reach net zero and improve people’s lives. We want to be an energy company with purpose; one that is trusted by society, valued by shareholders and motivating for everyone who works at bp.

BP has a stake in exploration of two blocks of offshore deepwater assets in the South China Sea. [ 229 ] [ 230 ] In India, BP owns a 30% share of oil and gas assets operated by Reliance Industries , including exploration and production rights in more than 20 offshore oil and gas blocks, representing an investment of more than US$7 billion into ...

Here’s one way bp is using tech to innovate its Gulf of Mexico operations . The technology, known as “digital twin,” provides an accurate, virtual model of offshore oil platforms, enabling remote monitoring and support for all aspects of operations -- from …

India’s deepwater gas project. bp and Reliance Industries have begun production at the third of three major gas projects that together contribute to meeting about 15% of all the gas needed to help power India’s homes and businesses. MJ came online in …

BP is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2023, it produced 1.1 million barrels of liquids and 6.9 billion cubic feet of natural gas ...

1 day ago · Shares in BP rose by 7% on Monday, and were on track for the biggest daily gain in two years, as investors anticipated that activist shareholder Elliott Management will press for board changes and ...

Feb 6, 2024 · BP’s new chief executive, Murray Auchincloss, promised a flexible approach to the shift away from fossil fuels as the oil giant reported a $3 billion profit in its latest quarter on Tuesday.

Feb 3, 2025 · In 2010 the offshore drilling rig Deepwater Horizon, owned by Transocean and leased by BP, exploded and collapsed, causing a rupture in the riser of a very deep oil well. An estimated 4.9 million barrels of oil were released into the …