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Our transformation

We’re transitioning from an international oil company to an integrated energy – and doing so as a simpler, more focused and higher value company.

bp Grand Slam facility in West Texas

Investing in resilient hydrocarbons

That means producing reliable energy safely and responsibly while lowering emissions and driving returns. Like our onshore oil & gas business bpx. In 2023, bpx grew yearly production by 13%, driving to a 30-40% increase by 2025 (vs. 2022), while electrifying 95% of Permian wells to reduce emissions.

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Growing our convenience and mobility business

That means taking major steps to accelerate EV fleet charging and serving more than 3 million customers daily across 46 states.

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Scaling up investments in low carbon energy

That means rapidly scaling renewables like solar and wind, and expanding into carbon capture, use, and storage and low carbon hydrogen production.

Our Gulf of Mexico business is helping to drive the transformation of our business toward becoming an integrated energy company by increasing production of resilient hydrocarbons, while lowering emissions in the region.

Our onshore oil and gas operations are home to some of bp’s most resilient hydrocarbons, and we’re driving a 30-40% increase in production by 2025. In the Permian Basin in Texas, our Grand Slam facility exemplifies how we can reach our net zero ambition as a company, by decarbonizing our existing production and centralizing delivery of oil and gas to reduce emissions at the source.

Biogas is generated by the decomposition of organic material at landfill sites, anaerobic digesters and other waste facilities – and demand for it is growing rapidly.

Our growing US wind energy business is key to our strategy. This business provides clean power, while developing and deploying new technologies to deliver that energy more efficiently.

Our US refineries represent about 40% of bp’s global refining capacity. We’re proud to produce the energy people need for everyday life.

Solar plays an important role in bp’s renewables & power transition growth engine, and we’re advancing solar energy projects across the US.

Our brands are part of Americans’ everyday lives. bp’s presence spans more than 8,000 retail sites, including bp-, ARCO/ampm-, Amoco-, TravelCenters of America (TA)- and Thorntons-branded sites in 46 states, serving more than 3 million customers daily.

Based primarily in Houston and Chicago, bp’s trading & shipping (T&S) business in North America works with our partners to buy, sell and move energy, integrating our products and services to provide energy solutions for more than 5,000 North American customers annually.

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Producing resilient hydrocarbons

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Find out more about the Gulf of Mexico

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Transforming our onshore oil and gas business

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Building out bpx in the Permian Basin

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Advancing our well sites to curb emissions

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Designing a next generation well site

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Find out more about bpx energy

Accelerating and expanding in bioenergy Archaea Energy

Accelerating and expanding in bioenergy: Archaea Energy

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The expansion of our RNG portfolio aligns with bp’s ambition to become a net zero company by 2050 or sooner and to help the world get to net zero. We look forward to continuing our work with Clean Energy on exciting projects aimed at reducing the carbon intensity of our products."
Sean Reavis, SVP, low carbon trading
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Producing renewable diesel

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Find out more about bioenergy

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Renewable power delivered efficiently

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News: bp to take full ownership of Beacon Wind US offshore projects and transfer interest in Empire Wind to Equinor

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Find out more about wind

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News: bp to more than double renewable diesel at Cherry Point

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Driving innovation by the numbers

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Producing renewable diesel

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Find out more about refineries

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Ramping up our solar investment

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Partnering to accelerate change

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Find out more about solar

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bp completes purchase of TravelCenters of America

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Leveraging low carbon partnerships

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News: Hertz, bp partner on EV charging stations

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We are committed to putting the consumer at the heart of what we do to help accelerate the mobility revolution and redefine the convenience experience at service stations."
Greg Franks, SVP, mobility and convenience, Americas
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Hertz, bp collaborate to accelerate EV charging in North America

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Find out more about customers & products

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Changing to an integrated energy company

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Driving innovation by the numbers

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Find out more about trading & shipping

Advocating while we transform

bp is advocating for policies that can help us, and America, achieve our shared net zero ambition.