Tangguh Independent Advisory Panel (TIAP) report and bp response towards the report

bp agrees to sell its petrochemicals business to INEOS

bp today announced that it has agreed to sell its global petrochemicals business to INEOS for a total consideration of $5 billion. The agreed sale, the next strategic step in reinventing bp, will further strengthen bp’s balance sheet and delivers its target for agreed divestments a year earlier than originally scheduled.

'The direction is set'

bp today set a new ambition to become a net zero company by 2050 or sooner, and to help the world get to net zero. To deliver the ambition, we will fundamentally reorganize to become more focused, more integrated and to face the energy transition head on

Tangguh Papuan technician apprentice programme

The Tangguh Papuan technician apprentice programme has been running since 2016. 32 technicians form the first batch have started working for Tangguh LNG operations.