Home grown energy

We intend to invest up to £18 billion in the UK’s energy system by the end of 2030, demonstrating our firm commitment to the UK, and helping the country to deliver on its bold ambitions to boost energy security and reach net zero. 
 
As one of the largest oil and gas producers in the UK, we intend to continue investing in North Sea oil and gas, while driving down operational emissions. We’re also in action on a range of lower carbon energy investments in the UK, which are expected to bring jobs and develop new skills and capabilities.

Read more about what we’re doing


The UK projects in which we’re looking to invest - and the wider activities supporting them - include:

BP CEO Bernard Looney Photographed by Graham Trott 03 January 2020. mail@grahamtrott.com / 07836 227278

Net zero by 2050

“The world’s carbon budget is finite and running out fast; we need a rapid transition to net zero”

 

Bernard Looney, chief executive officer

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