BP
British multinational oil and gas company
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| August 2025 | BP announced its greatest oil and gas field discovery in 25 years in the Bumerangue prospect, located 400 km offshore in Brazil's Santos Basin. |
| 2025 | BP announced it was ending its role in producing hydrogen in Western Australia. |
| July 2025 | BP announced the appointment of Albert Manifold as its next chairman, effective 1 October 2025, replacing Helge Lund. |
| May 2025 | Bloomberg reported that Shell plc is considering an acquisition of BP. |
| February 2025 | BP signed a $25 billion deal to redevelop four oil and gas fields in Kirkuk, Iraq. |
| February 2025 | BP announced plans to significantly reduce investment in renewable energy while increasing oil and gas production by 20%, following pressure from shareholders like Elliott Management. |
| February 2025 | BP declared a strategic shift to cut renewable energy investments and increase oil and gas production by around 20% to $10 billion per year, drawing criticism from environmental groups like Greenpeace UK. |
| January 2025 | BP announced plans to cut 4,700 staff and 3,000 contractors, more than 5% of its total workforce. |
| January 2025 | BP announced plans to cut 4,700 staff, more than 5% of its total workforce. |
| 2024 | BP, in partnership with Ørsted A/S, plans to begin production of hydrogen using North Sea wind power at a 50 MV electrolyser at the Lingen refinery. |
| November 2024 | BP and partners announced a $7 billion investment in a carbon capture and gas field development in Indonesia's Papua region. |
| October 2024 | BP scrapped its previous plans to reduce oil and gas production by one million barrels a day by 2030, instead announcing plans to increase production. |
| June 2024 | BP announced the acquisition of Bunge Bioenergia from Bunge Global for $1.4 billion, which will increase ethanol production to 50,000 barrels per day. |
| January 2024 | Murray Auchincloss became CEO of BP. |
| 2023 | BP achieved a net income of $15.2 billion on revenues of $213 billion, with workforce stabilizing at 66,500 employees. |
| August 2023 | After 10 years of force majeure, BP resumed exploration in Ghadames Basin (A-B) and offshore Block C with partners Eni and Sonatrach. |
| April 2023 | BP's Husky Toledo refinery resumed operations after being shut down since the September 2022 fire. |
| April 2023 | BP launched a new oil rig called Argos in the Gulf of Mexico. |
| February 2023 | BP agreed to acquire truck stop service company TravelCenters of America for $1.3 billion, which was completed in May 2023. |
| February 2023 | BP sold its stake in the Toledo, Ohio refinery to Cenovus Energy. |
| February 2023 | BP reported record annual profits for 2022, more than double the 2021 profits and the biggest in the company's 114-year history. |
| February 7 2023 | BP revised its emissions reduction target from a 35-40% cut to a 20-30% cut by the end of the decade, citing the need to meet current oil and gas demands. |
| 2022 | BP announced it would sell its 19.75% stake in Rosneft in response to the Russian invasion of Ukraine. |
| 2022 | BP saw a revenue rebound to $248 billion, but reported a net loss of $2.5 billion, with employee count slightly increasing to 66,300. |
| 2022 | A BBC investigation revealed waste-gas being burned near residential areas in Iraq's Rumaila oil field, with subsequent environmental and health concerns raised about pollution impacts. |
| December 2022 | BP completed the acquisition of Archaea Energy Inc. for $3.3 billion. |
| October 2022 | BP announced the acquisition of Archaea Energy Inc., a renewable natural gas producer, for $4.1 billion. |
| September 20 2022 | A fire at BP's Husky Toledo refinery resulted in the death of two workers. The fire was extinguished the same day, leading to a prolonged refinery shutdown that lasted until April 2023. |
| February 2022 | BP acquired a 30% stake in Green Biofuels Ltd, a London-based producer of renewable hydrogenated vegetable oil fuels that can be used as a direct replacement for diesel. |
| 2021 | BP's Foinaven oilfield ceased production, marking the end of its operational lifecycle in the West of Shetland region of the United Kingdom. |
| 2021 | Amethyst gas field began decommissioning process after being transferred to Perenco ownership. |
| 2021 | BP's revenue continued to decline to $164 billion, but recovered with a net income of $7.6 billion, maintaining around 64,000 employees. |
| 2021 | BP acquired 9 GW of US solar projects. |
| July 13 2021 | BP announces plans to fully acquire ArcLight Capital Partners' share of Thorntons, aiming to own the entire convenience store company. |
| February 1 2021 | BP signed a deal to sell 20% of its participating interest in Oman's Block 61 to Thailand's PTT Exploration and Production Public Company Ltd. (PTTEP) for $2.6 billion, reducing its stake to 40% while remaining the block's operator. |
| 2020 | BP transferred ownership of the Andrew and Cyrus oilfields to Premier Oil. |
| 2020 | BP experienced a major financial downturn, with revenue dropping to $180 billion and a significant net loss of $20.3 billion, likely due to global COVID-19 pandemic impacts. |
| December 2020 | BP acquired a majority stake in Finite Carbon, the largest forest carbon offsets developer in the United States. |
| December 14 2020 | BP sold its 49% stake in the Trans-Alaska Pipeline System to Harvest Alaska. |
| September 2020 | BP formed a partnership with Equinor to develop offshore wind, acquiring a 50% non-operating stake in Empire Wind and Beacon Wind offshore wind farms. |
| September 2020 | BP announced plans to build a rapid charging network in London for Uber. |
| August 2020 | BP America's chairman David Lawler criticized the elimination of federal methane leak detection requirements, advocating for direct federal regulation. |
| August 2020 | BP promised to increase its annual low carbon investments to $5 billion by 2030 and announced plans to transform into an integrated energy company with a focus on low-carbon technologies. |
| June 30 2020 | BP sold all its Alaska upstream operations and interests, including Prudhoe Bay Oil Field, to Hilcorp for $5.6 billion. |
| June 29 2020 | BP sold its petrochemicals unit to Ineos for $5 billion, including interests in 14 plants across Asia, Europe, and the U.S. |
| February 2020 | BP set a goal to cut greenhouse gas emissions to net-zero by 2050, committing to reduce emissions across operations and sold fuels. |
| February 2020 | BP announced a Joint Venture with EnBW to develop and operate 3GW of Offshore Wind capacity in the Crown Estate Leasing Round 4, marking BP's first move into Britain's Offshore wind market. |
| February 5 2020 | Bernard Looney succeeded Bob Dudley as chief executive of BP. |
| 2019 | BP acquires half of Thorntons LLC, a Kentucky-based convenience store company, in partnership with ArcLight Capital Partners. |
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