Summary
BP Chart
BP's Teesside decision may auger well for EnergyPathways
Here's a nugget of news that may have passed people by and which needs a little explanation. BP PLC (LSE:BP.
BP Abandons H2Teesside Carbon Capture & Hydrogen Scheme Amid AI Push
BP drops its H2Teesside hydrogen and carbon capture plan as the site is redirected toward a massive AI data center by the UK government.
BP Pulls Out of Hydrogen Project in Northern England
The energy group pulled its application to develop H2Teesside on Monday, citing a rival plan for a data center on the same site.
BP p.l.c. (BP) FAQ
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BP p.l.c. Profile
| - Industry | - Sector | Murray Auchincloss CEO | LSE Exchange | GB0007980591 ISIN |
| GB Country | 100,500 Employees | 14 Nov 2025 Last Dividend | 4 Oct 1999 Last Split | - IPO Date |
Overview
BP p.l.c. is a globally recognized energy company, delivering a comprehensive range of carbon products and services. Founded in 1908, BP has established a diversified portfolio that addresses the evolving energy needs of the world. The company strategically operates through its Gas & Low Carbon Energy, Oil Production & Operations, and Customers & Products segments. BP is committed to leading the energy transition, focusing on producing natural gas, integrated gas and power solutions, and investing in low-carbon technologies such as wind power, hydrogen, and carbon capture and storage facilities. Its headquarters are located in London, the United Kingdom, serving as a testament to its enduring legacy and continuous innovation in the energy sector.
Products and Services
BP p.l.c. provides a diverse range of products and services aimed at meeting global energy demands responsibly. The company's operations encompass conventional energy production, renewable energy solutions, and customer-focused products. Here is a breakdown of BP's key offerings:
- Natural Gas and Integrated Gas and Power: BP engages in the production and trading of natural gas, providing integrated gas and power solutions that support the transition to a low-carbon future.
- Wind Power: The operation of onshore and offshore wind power facilities underscores BP's commitment to renewable energy sources, contributing significantly to its low carbon energy portfolio.
- Hydrogen and Carbon Capture & Storage: By developing hydrogen and carbon capture and storage (CCS) technologies, BP is at the forefront of reducing carbon footprints and enhancing sustainable energy solutions.
- Oil Production: BP’s oil production operations encompass the exploration and production of crude oil, maintaining a balance between meeting energy demands and transitioning to cleaner energy sources.
- Convenience and Retail Fuel Services: BP operates in the convenience and retail fuel sector, providing high-quality fuels and services across its extensive network of service stations.
- EV Charging Infrastructure: Addressing the surge in electric vehicle (EV) usage, BP is expanding its EV charging solutions, offering accessible and reliable charging infrastructure.
- Castrol Lubricants: BP manufactures and distributes Castrol lubricants, renowned for their quality and performance in various automotive and industrial applications.
- Aviation Services: Providing specialized fuel products and services to the aviation industry, BP supports the efficacious operations of airlines and aircraft operators worldwide.
- B2B and Midstream Services: BP’s B2B and midstream services facilitate the efficient distribution and supply of energy products, catering to businesses across different sectors.
- Refining and Oil Trading: The company’s refining and oil trading operations optimize the production and distribution of oil products, ensuring a consistent and competitive supply.
- Bioenergy: Committed to sustainability, BP is investing in bioenergy solutions, leveraging biological resources to produce energy in a more environmentally friendly manner.
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