Our purpose and strategy
We operate at the heart of the global energy system, helping countries across the world with their energy needs and serving millions of customers every day
Our purpose
Our purpose is to deliver energy to the world, today and tomorrow.
Our strategy
Our strategy helps bp compete and grow value as energy demand evolves and continues to grow, all in service of growing shareholder value and returns
We plan to grow the upstream, focus the downstream and invest with discipline in transition.
Growing the upstream: our oil and gas business
We are growing upstream production and cash flow through disciplined investment. We have a deep upstream resource base, and combined with disciplined investment criteria, we are well positioned to deliver medium and long-term organic growth.
Focusing the downstream: our customers and products business
We continue to reshape the portfolio to focus on markets and businesses where we have advantaged and integrated positions. We are taking clear actions to drive improved performance, including addressing costs in our customers business, and improving operations in refining.
Investing with discipline in transition
We are investing with discipline: with selective investment in biogas, biofuels and EV charging, where we see strong demand growth; adopting innovative capital-light partnerships in renewables; and focusing investment on hydrogen and carbon capture projects to support us in decarbonizing our operations, and position us for growth through the next decade.
