BP plc


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Next Event

Q3 2020 BP PLC Earnings Release

Latest Developments


BP Starts Production From Ghazeer Gas Field In Oman

BP Says £21 Mln EV Charging Contract Awarded By Police Scotland To BP Chargemaster

BP Says Co And Five Other Businesses Launch Integrated Advocacy Campaign


About BP plc

BP p.l.c. is engaged in the global energy business with operations in Europe, North and South America, Australasia, Asia and Africa. The Company provides customers with fuel for transport, energy for heat and light, power for industry, and the petrochemicals products used to make everyday items such as paints, clothes and packaging. The Company's segments include Upstream, Downstream, Rosneft, and Other businesses and corporate. The Upstream segment is responsible for its activities in oil and natural gas exploration, field development and production. The Downstream segment has global marketing and manufacturing operations, and include the fuels, lubricants and petrochemicals business of the Company. Rosneft is the Company's Russian refining business that owns and operates approximately 13 refineries in Russia, and holds stakes in three refineries in Germany, one in India and one in Belarus.


Oil & Gas Operations

Contact Info

1 St. James's Square


United Kingdom


Executive Leadership

Helge Lund

Non-Executive Independent Chairman of the Board

Bernard Looney

Group Executive Officer, Executive Director

Murray Auchincloss

Chief Financial Officer, Executive Vice President - Finance

Tufan Erginbilgic

Chief Executive - Downstream

Kerry Dryburgh

Executive Vice President - People and Culture

Key Stats

2.46 mean rating - 24 analysts
Revenue (MM, USD)
















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Latest News

Latest News

Exclusive: BP may cut oil supply to Caribbean refinery if it stays idle - sources

(This 16th October story corrects BP role to clarify it did not invest in plant)

BP says it returning to normal operations at Gulf of Mexico facilities

BP Plc <BP.L> on Monday said it has redeployed offshore personnel to facilities in the deepwater Gulf of Mexico and is in the process of returning to normal operations and bringing production back online.

Energy stocks weigh on FTSE 100, new COVID-19 measures awaited

London stocks were subdued on Monday as a dip in oil prices hit energy stocks, while investors remained cautious with Prime Minister Boris Johnson expected to set out new measures to try to contain the growing coronavirus crisis.

BP evacuates non-essential workers from four offshore platforms due to storm Delta

BP Plc <BP.L> said on Monday that it is evacuating non-essential personnel from its four offshore platforms in the Gulf of Mexico as a precaution against Tropical Storm Delta.

ConocoPhillips sees global oil demand returning, executive says

(In September 24 story, corrects projected U.S. shale output to likely struggling to achieve 7 million bpd by 2022 instead of likely falling by 4 million bpd in 2022, paragraph 4)

Fossil fuel demand to take historic knock amid COVID-19 scars: BP

Fossil fuel consumption is set to shrink for the first time in modern history as climate policies boost renewable energy while the coronavirus epidemic leaves a lasting effect on global energy demand, BP said in a forecast.

BP evacuates non-essential workers from Nakika, Thunderhorse due to Storm Sally

BP Plc <BP.L> said on Sunday it evacuated non-essential workers from its Nakika and Thunderhorse platforms in the northeastern Gulf of Mexico because of the threat from Tropical Storm Sally.

BP enters offshore wind with $1.1 billion Equinor deal

BP entered the offshore wind market on Thursday with a $1.1 billion deal to buy 50% stakes in two U.S. developments from Norway's Equinor, a significant step by the oil firm towards its energy transition goals.

Equinor eyes $1 billion gain from offshore wind sale to BP

Norway's Equinor expects to book a profit of around $1 billion from its sale of a 50% stake in two U.S. offshore wind power developments to BP, a company executive told Reuters on Thursday.

Oil majors begin offshore evacuations as storms take aim at Gulf of Mexico

BP, Shell and Chevron Corp on Friday said they had begun evacuating offshore oil facilities, with two tropical cyclones heading toward the U.S Gulf of Mexico as the already active 2020 Atlantic hurricane season heats up further.

FTSE 100 dips as lower oil prices hit BP, Shell

London's FTSE 100 dipped on Wednesday as lower oil prices dented trading in energy stocks, while investors digested a surprise rise in domestic inflation last month.

Australian BP worker fired for Hitler memes wins $143,000 compensation

An employee of BP Plc's Australian refinery who was fired last year for mocking management online using a well-known meme of Adolf Hitler has been awarded more than A$200,000 ($143,100) in compensation.

BP's green energy targets will be tough to meet

BP <BP.L> will need to invest tens of billions of dollars over the next decade and may have to accept lower returns than it can get from oil if it is to meet its target of becoming one of the world's largest renewable power generators.

Exclusive: BP poised to sell 'stranded assets' even if oil prices rally

BP <BP.L> is preparing to sell a large chunk of its oil and gas assets even if crude prices bounce back from the COVID-19 crash because it wants to invest more in renewable energy, three sources familiar with BP's thinking said.

BP Midstream pipeline volumes fall 10% in Q2, but revenues up

BP Midstream Partners LP pipeline volumes fell roughly 10% in the second financial quarter as efforts to curb the spread of the coronavirus pandemic slashed fuel demand, company executives said on Thursday.

BP halves dividend after record loss, speeds up reinvention

BP cut its dividend for the first time in a decade after a record $6.7 billion second-quarter loss, when the coronavirus crisis hammered fuel demand, and it sought to win over investors by speeding up its reinvention as a lower carbon company.

BP shares get transition lift in cautious European market

A surge in BP shares after it laid out plans to cut its oil and gas output and boost investments in renewable energy offset disappointing earnings reports including from spirits maker Diageo, although European stocks closed largely flat.

Breakingviews - BP gets serious about tough corporate reshaping

Bernard Looney is betting BP’s house on his green energy ambitions. Besides cutting the dividend to free up cash for renewable investment, the chief executive of what is still essentially a 61 billion pound oil and gas company plans to reduce hydrocarbon production by 40%...

BP to cut fossil fuels output by 40% by 2030

Energy group BP will increase its low-carbon spending to $5 billion a year by 2030 and boost its renewable power generation to 50 gigawatts (GW) while shrinking oil and gas output by 40% compared with 2019, it said on Tuesday.

Weak Diageo, Bayer earnings hit Europe stocks; BP jumps

European shares edged lower on Tuesday as disappointing earnings reports from Diageo and Bayer took the shine off a jump in growth-linked cyclical stocks, while investors awaited signs of progress on more U.S. fiscal stimulus.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.