Corporate Member Profile
bp
Delivering energy to the world, today and tomorrow
bp
A resilient oil and gas business is an essential part of our transformation to an integrated energy company
At the core of our reset strategy is a plan to grow our upstream oil and gas business. The world is in an ‘energy addition’ phase – consuming increasing amounts of both fossil fuels and low carbon energy to meet growing demand.
Oil and gas will be needed for decades to come. We expect continuing robust demand for oil and gas to 2035, including strong growth in natural gas demand from emerging Asian economies – and we think global demand for North American natural gas is set to expand by around 15% in the same period.
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