Some of the tangible and intangible assets that support how we generate and preserve value for our stakeholders, as at 31 December 2021.
experience in the world of energy
annual publication of the bp World
Statistical Review of Energy
city or region partnerships
co‐investors through bp ventures
invested in research and
granted and pending patent
applications held by bp and
proved hydrocarbon reserves for
developed renewables to FID
operating cash flow
Our three business groups are supported by four integrators to facilitate collaboration and unlock value: innovation & engineering; regions, cities & solutions; strategy, sustainability & ventures; and trading & shipping. And three teams serve as enablers of business delivery: finance; legal; and people & culture.
Operating our hydrocarbon business from which we produce the hydrocarbon energy and products the world needs – safely and efficiently.
Focusing on customers as the driving force for innovating new business models and service platforms to deliver the convenience, mobility and energy products and services of the future.
Creating low carbon energy solutions. We pursue the development of decarbonization technologies and potential moves into new value chains such as hydrogen and carbon capture and storage (CCS).
We believe we have the scale and expertise to navigate complex markets and manage increasingly integrated energy systems
Integrating energy systems
Partnering with countries, cities and industries
By leveraging relationships and building new partnerships we aim to provide integrated energy and mobility solutions to help cities and industries reduce carbon emissions while creating exciting business opportunities.
Driving digital innovation
Innovation across the business
Growing digital expertise in India
Our new digital hub in Pune, India is designed to create, grow and deliver a range of digital solutions to help transform bp’s core operations, extend its customer interfaces and support new and emerging business models. Located within bp’s major global business services operations centre, the hub has an initial headcount of around 100 digital engineering, data, information security and design specialists.
Enhancing safety with automated technology in the North Sea
The first onshore remote piloting of a remotely operated vehicle (ROV) in the UK was successfully conducted at the bp-operated Clair Ridge platform west of Shetland in 2021. The project was also the first cross-border implementation and the first operational implementation for bp.
We are committed to delivering long-term value for stakeholders
Including end-use consumers, B2B customers and distributors
Customer touchpoints per day
Our 65,900 people worldwide
Employee engagement 'Pulse' survey score
In countries where we have activities of plans to operate
Corporate income tax and production tax paid
Includes our institutional and retail investors
Total dividends distributed to shareholders
Includes relationships with academia, industry, cities and suppliers
Sourcing goods and services from ~ 40,000 suppliers
The people, businesses and environment in the communities where we work
Supporting additional initiatives to benefit the communities where we operate
Information about our Annual General Meeting including the Notice of Meeting and speeches made by members of the board
An overview of the key activities, events and results together with commentary on bp’s performance and our priorities as we move forward