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European gas

Our European team represents bp in gas markets, providing a route to market for European upstream equity gas. Our decades of experience mean we have built an extensive platform to serve the needs of our customers 

Who we are 

We combine breadth of expertise with deep knowledge of the European markets and have a track record of working with diverse partners, including governments, majors, utilities, retailers and large consumers. Our physical expertise and hedging knowledge enable us to offer long-term agreements, cross-commodity solutions, risk management products and reliable physical supply.  

What we do 

We understand the dynamics of energy markets where we work and use our extensive knowledge and insights to create value for customers and help them make the most of their assets. Whether you’re a power provider that needs to purchase gas, a producer looking to move your gas production, or a consumer wanting to secure reliable supply with low carbon solutions - our capabilities mean we can support your physical and financial needs.  

 

As we transition to an integrated energy company, we aim to become a leader in delivering efficient decarbonization solutions, including renewable gas and hydrogen.  Biomethane and hydrogen have an essential role to play in lowering the carbon intensity of global energy systems, particularly in the transport and industrial sectors.  We have the existing skills and capabilities to deliver optimal decarbonization solutions for your business.  

Supply
  • Funding and supporting working capital commodity structures 
  • Renewable gas – biogas/biomethane 
  • Energy management and market access services 
  • Prompt and forward products 
  • Long-term supply offtake solutions 
  • Supply optimisation 

 

  • Certified & differentiated low carbon gas offerings 
  • Renewable gas – biogas/biomethane 
  • Energy management and market access services 
  • Strategic customer relationships 
  • Energy Transition Services & ESG solutions 
  • Cross commodity experience & knowledge  
  • Gas to power tolling contracts 

 

  • Swing products 
  • Virtual storage products 
  • Physical storage capacity 
  • Virtual and physical transportation 
  • Forward and prompt asset optimization 

 

  • European gas and power hubs indices 
  • Crude and products-based formulas 
  • Indices and combination formulas 
  • Caps, floors, collars  
  • Swaps (basis, index, swing, etc.)  
  • Swaption (call and put)  
  • Options (vanilla and tailored)  
  • Flexible risk-reducing strategies  

 

  •  Blue and green hydrogen initiatives  

 

Where we work 

In a complex and sophisticated market, our extensive portfolio can deliver solutions for our customers. We are active throughout Western Europe, with transport and storage positions that allow us to meet the diverse needs of producers and customers. 

 

Our main trading office is in Canary Wharf, London. 

mybpenergy

mybpenergy is a new online portal, currently available to a select number of invited European gas and power customers.  

 

mybpenergy provides customers with access to live and historic prices for future contracts across a range of commodities (gas, power, coal and emissions). It also features spot auction prices for power along with FX and brent futures. 

 

Alongside the market data, customers can access their post-trade documentation (invoices, confirms and contracts) as well as review and submit their nominations. Access to news and other content from bp is also available. 

 

For more information, contact your bp account manager or email mybpenergy@bp.com