The UK has a plan to boost long-term energy security and cut emissions and, at bp, we’re already hard at work on the challenge. While we’re mostly in oil and gas today, we’ve increased global investment in our lower carbon, convenience stores and power trading businesses (what we call our ‘transition growth engines’) from around 3% in 2019 to around 30% in 2022 and our UK investment plans include billions for solutions like offshore wind, EV charging, hydrogen and carbon capture, as well as maintaining a secure supply of energy through North Sea oil and gas.
These plans go beyond just infrastructure - they see us supporting the economy, skills development and job opportunities in the communities where we operate.
Read more about what we’re doing
The UK projects in which we’re looking to invest - and the wider activities supporting them - include: