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BP Fossil Fuel Investment Increase

Planned · United Kingdom · Last reported Feb 2025

Source: ZAWYA

Project
Planned

BP announced an increase in its annual oil and gas investment to $10 billion, focusing on fossil fuels as part of its strategy to boost returns and improve financial performance. The company is also targeting $20 billion in divestments by 2027.

Status
Prospective
Sector
Natural Gas, Oil and Gas
Location
United Kingdom
Updated
22 Jul 2026
Source
ZAWYA

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The project “BP Fossil Fuel Investment Increase” is an infrastructure initiative in the Natural Gas sector, located in United Kingdom. Taiyo aggregates data on it from ZAWYA.

Participants

Not available for this record.

Status

Original status

Planned

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

BP announced an increase in its annual oil and gas investment to $10 billion, focusing on fossil fuels as part of its strategy to boost returns and improve financial performance. The company is also targeting $20 billion in divestments by 2027.

Original sector

Energy

Budget

Location

Country

United Kingdom (UK)

Source

Source

ZAWYA

URL

More Details

Record type

Project

Sector

Natural Gas, Oil and Gas

Article published date

2025-03-04

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