bp (formerly British Petroleum) is a UK-based integrated energy company with global operations across upstream oil and gas, refining, fuels marketing and lubricants, and energy trading. Its downstream businesses produce and distribute transportation fuels and supply hydrocarbon intermediates such as naphtha, LPG, and hydrogen that serve as feedstocks for petrochemical manufacturing. bp was historically a major producer of aromatics and acetyls but sold those petrochemicals businesses in 2020, and today focuses its chemicals-related activities around refining-linked feedstocks and lubricants.
Alongside its conventional operations, bp invests in lower-carbon energy, including bioenergy, sustainable aviation fuel and renewable diesel pathways, hydrogen, and carbon capture and storage, aiming to reduce the carbon intensity of its portfolio and support industrial decarbonization. The company collaborates with partners across agriculture, refining, and technology to develop scalable feedstock supply and advanced fuels, while continuing to operate large refining and logistics assets that are integral to chemical and fuels value chains.
Also known as British Petroleum, BP, British Petroleum Chemicals, BP America Production Company, BP Amoco, בי פי, BP America Inc., bp America, BP Capital Markets America Inc., BP Chemicals, bp pulse, BP Energy Retail Company, BP Energy Retail, BP España S.A.U., BP Spain, BP Europe SE, BP Europe, BP Wind Energy North America Inc., BP Wind Energy, BPX Energy Inc., bpx energy, and BPX Energy.
chemXplore tracks 24 projects involving bp, of which 11 are active.
bp's role on them: Owner, Investor / Financier, Operator, Developer, Offtaker, and Technology licensor.
9 new construction, 1 expansion, and 1 revamp / retrofit.
4 of the active projects carry no start-up date yet.
Contractors, licensors, and offtakers are recorded on 9 of these 11 projects For subscribers
Targeting: Crude oil (5), Natural gas (4), Hydrogen (3), Methanol (1)
Sold 50% Na Kika interest and 100% Coulomb tieback for about $840m; effective date July 1, 2025; buyers are a Talos subsidiary and a Ridgewood affiliate.
Azule Energy awards ~$350M West Hub Tails offshore package in Angola covering EPCI of ~62 km flowlines, risers and umbilicals to tie into the Agogo FPSO.
From 2029 decommissioning spend will exceed capital; approving Jackdaw and Rosebank and restoring fiscal stability could retain ~£11bn planned investment and avoid a ~£13bn fiscal hit by 2035.
50% stake in Tupinambá (Santos Basin) and 30% in five Conifer leases (Gulf of America); operator retains remaining interests; Tupinambá needs regulatory approval.
Portfolio concentrated into fewer countries, expected ~USD 20bn free cash flow 2026–2030; US, Brazil and Angola to drive growth; higher margins from high-grading and stepped-up exploration.
Phase 2 holds an estimated 4 trillion cubic feet of recoverable gas; bp will operate a three-way joint venture and signed MoUs to pursue further offshore exploration.
Adds a material share in over 4 Tcf proven gas in the Loran‑Manatee area, links resources to existing infrastructure and strengthens the Atlantic Basin gas portfolio.
Design and manufacture of flexible flowlines, risers and equipment to tie West Hub production into the Agogo FPSO; contract classed at $75–250M and booked in Q3 2026.
By country, the most active first. active / all projects
The 8 with the most active projects, of 10 countries.
