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bp is pursuing its strategy to become an integrated energy company delivering solutions to customers

1Q 2024 results

bp has delivered another resilient quarter financially, and plans to deliver at least $2 billion of cash cost savings by the end of 2026

We've delivered another resilient quarter financially and continued to make progress on our strategy. Oil production was up and our ACE platform in the Caspian is now producing. We are simplifying and reducing complexity across bp and plan to deliver at least $2 billion of cash cost savings by the end of 2026 through high grading our portfolio, digital transformation, supply chain efficiencies and global capability hubs."Murray Auchincloss,chief executive officer


Montage of images from around bp with the words 'Our strategy in action and Growing the value of bp'

Investor update 2023 

bp hosted an Investor update in Denver and Field trip to bpx’s Permian operations on 10-11 October 2023, focused on its oil and gas business, as well as its biogas business

Why invest in bp

A montage of images showing bp's varying types of business
We believe bp has a compelling investor proposition – one that will drive growing long-term shareholder value – and to do this we are focused on transforming from an International Oil Company (IOC) to an Integrated Energy Company (IEC) while remaining committed to performing as we transform. And we believe we can generate attractive returns in doing so.