BP p.l.c., a publicly owned British multinational oil and gas company headquartered in the United Kingdom, was founded in 1909. With approximately 63,800 employees, the company reported $189.3B in revenue as of 2025. Primarily focused on oil and gas, BP p.l.c. is recognized as an oil and gas "supermajor" and operates as one of the world's largest companies measured by revenues and profits. It was formerly known as The British Petroleum Company p.l.c. and BP Amoco p.l.c.

2025 Revenue

Founded

1909

Headcount

18,000

Headquarters

United Kingdom

Primary Segment

Oil and Gas

Ownership

Publicly Owned

News Summary:

On September 18, 2026, Osaka Gas acquired a 5% stake in the Browse gas project from BP, which held 39.33%, reinforcing Japan's strategic interest in the undeveloped gas resource off Western Australia. The deal involved BP, now led by former Woodside Energy CEO Meg O’Neill. Also on September 18, representatives from BP's 440,000 barrel-per-day Whiting, Indiana refinery and the United Steelworkers Local 7-1 union scheduled another meeting for the upcoming Tuesday to continue discussions regarding an ongoing labor dispute. This follows a constructive meeting held on September 17. Earlier on September 18, Senegal's energy minister stated the country plans to shift towards using more domestically produced natural gas to lower electricity generation costs and reduce dependence on imported fuels. Previously, on September 17, Azerbaijan's SOCAR, BP, and state-owned Uzbekneftegaz prepared for exploration drilling across six blocks in Uzbekistan’s Ustyurt region, following the completion of a 3D seismic survey and site selection for the first exploration well.
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