Marketing and trading

Based primarily in Chicago and Houston, bp’s U.S. marketing and trading business supplies a wide range of products that support a low-carbon energy future

bp is the largest supplier of renewable natural gas (RNG) — or “biogas” — to the U.S. transportation sector. The company’s joint venture with Aria Energy captures methane from landfill waste to produce RNG. Thanks to this partnership, bp now owns RNG production facilities in Michigan, Oklahoma and Tennessee.

“As a global energy business, we are focused on the dual challenge of providing more energy with fewer emissions,” says Janet Kong, head of bp’s oil, products and low-carbon trading business in Chicago. “Part of that commitment includes supporting a range of technologies that will help us transition to a lower-carbon future.”

bp also helps enable projects that reduce or store greenhouse gases and generate environmental credits for use in carbon markets.

For example, bp has worked with the Sealaska Corporation, a Native institution, on an improved forest management project in Alaska to maintain and improve carbon sequestration. In March 2018, more than 9 million carbon offsets were issued to the project.

bp is also actively preparing for new maritime pollution requirements that will significantly reduce the limit on sulfur content in marine fuels globally. The company is undertaking a rigorous testing program to support its customers across the industry in meeting the new regulations.