Our business model

We believe that the best way to achieve sustainable success as a group is to act in the long-term interests of our shareholders, our partners and society

Creating value

By supplying energy, we support economic development and help to improve quality of life for millions of people. Our activities also generate jobs, investment, infrastructure and revenues for governments and local communities.

Our business model spans everything from exploration to marketing. We have a diverse integrated portfolio that is balanced across resource types, geographies and businesses, and adaptable to prevailing conditions. 

Every stage of the hydrocarbon value chain offers opportunities for us to create value through both the successful execution of activities that are core to our industry, and through the application of our own distinctive strengths and capabilities in performing those activities.

Our commitments

A relentless focus on safety remains the top priority for everyone at BP. Rigorous management of risk helps to protect the people at the front line, the places in which we operate and the value we create. We understand that operating in politically complex regions and technically demanding geographies requires particular sensitivity to local environments.

Our capabilities

We apply our distinctive capabilities – the expertise of our people, advanced technology and the ability to build the strong relationships to access resources and deliver complex projects.

How we are organized

Through our two main operating segments, Upstream and Downstream, we find, develop and produce essential sources of energy, turning them into products that people need. We also buy and sell at each stage of the hydrocarbon value chain. In renewable energy, our activities are focused on biofuels and onshore wind. We also have a 19.75% shareholding in Rosneft.

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