bp’s Post

Today we share our 1Q results. We’re working to keep energy flowing where and when it’s needed AND investing to grow lower carbon solutions. Learn more: on.bp.com/1Q2024

Find out what it means when we say bp is transforming into an integrated #Energy company. It’s about interconnecting all our businesses so we can deliver energy solutions to our customers when and where they’re needed AND growing the value of bp ➡️ on.bp.com/integration

The Azeri Central East (ACE) platform, our latest and most technologically advanced platform in the Caspian, has come online. Located off the coast of Baku, Azerbaijan, the platform is part of our effort to help secure vital #Energy supplies for the region and Europe – and grow value for bp, too. It’s the latest piece in the maturing Azeri-Chirag-Gunashli (ACG) field, which means we can continue to make the most of the basin. It’s also one of our most technologically and digitally advanced platforms to date, allowing us to manage safety risks, reduce emissions and raise efficiency – all through the power of #Digital. Learn more about this incredible piece of #Engineering: direc.to/k97U

We can all play a part in helping to shape a world where people no longer have to experience racial discrimination. Although there's still much work to do to make this a reality, we are grateful to every one of the colleagues across our organisation doing their bit to show up for each other and create an inclusive and welcoming environment. ✊🏿✊🏾✊🏼 This #InternationalDayForTheEliminationOfRacialDiscrimination, join us in acknowledging the people who role model inclusion, celebrate diversity and strive to end racism everywhere!👏

We’re gearing up for first #Oil from our Azeri Central East (ACE) #Offshore platform, which is expected very soon. Check out this incredible footage of the topsides sail away and the journey to its final location off the Caspian coast. Did you know? ACE is our most modern and technologically advanced platform. Controlled from land, it marks a significant step forward for our industry – proving the concept of remote controlling offshore operations safely and efficiently from an onshore hub. Stay tuned for updates! 👀🏗️🎮

Happy International Women’s Day! 🎉 Shout out to all our incredible women and allies who strive to #InspireInclusion in their lives and the workplace. For us, inclusion is the key ingredient that enables our people and their teams to thrive, perform and innovate. ✨ Celebrate #InternationalWomensDay with us by sharing this post with the women who inspire you! #IWD2024

Helping to fuel the world’s first transatlantic flight using 100% sustainable aviation fuel (#SAF) by a commercial airline: done ✅ But our sky-high ambitions for our SAF business didn’t end on touchdown. Although most of what we produce today is conventional jet fuel, we plan to invest to produce more #Biofuels to help make it more available for our customers, and to create value for bp too. We know scaling up SAF production won’t be easy, but we want to help make it happen and help enable lifecycle carbon emission savings associated with the aviation industry. This milestone is another example of our transformation to an integrated #Energy company. Learn more about the landmark flight: on.bp.com/3sKUNDL - - - While today we’re mostly in oil and gas, we increased the proportion of our global annual investment that went into our lower carbon & other transition businesses from around 3% in 2019 to around 23% in 2023.

How is the use of energy in buildings changing? By 2050 we could see buildings using more low-carbon energy sources. We are working to help support that transition, working with a wide range of customers and partners to find the right energy solutions for them. Read more about the future energy in the #EnergyOutlook report: on.bp.com/3TWIXOH ---   While today we’re mostly in oil and gas, we increased the proportion of our global annual investment that went into our lower carbon & other transition businesses from around 3% in 2019 to around 23% in 2023.

Our strategy enables bp to grow in value – that’s according to our new CEO, Murray Auchincloss, who recently shared the company’s near-term priorities. Our destination remains the same – from international oil company (IOC) to integrated #Energy company (IEC). Read on: on.bp.com/48gbC8h   ---   While today we’re mostly in oil and gas, we increased the proportion of our global annual investment that went into our lower carbon & other transition businesses from around 3% in 2019 to around 23% in 2023.

The way industries use energy is changing. The #EnergyOutlook shows a possible move towards an energy mix that’s largely electric, with low-carbon hydrogen and fossil fuels accompanied by carbon capture by 2050. Our focus today is on working with customers in sectors that have significant carbon emissions – such as heavy industry and heavy transport – to help them decarbonize. Learn more about why it matters in the bp #EnergyOutlook report: on.bp.com/3TWIXOH -- While today we’re mostly in oil and gas, we increased the proportion of our global annual investment that went into our lower carbon & other transition businesses from around 3% in 2019 to around 23% in 2023.