We're backing Britain

The UK has a plan to boost long-term energy security and cut emissions. At bp, we’re already hard at work on the challenge.
Backing Britain: delivering home-grown energy Today, most of the energy we produce is oil and gas. But as we and the UK transition towards net zero that will change. This decade we plan to increase to 50% our capital expenditure on our transition businesses globally, and reduce oil and gas production by around 40%.

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Net zero by 2030

BP CEO Bernard Looney Photographed by Graham Trott 03 January 2020. mail@grahamtrott.com / 07836 227278
“The world’s carbon budget is finite and running out fast; we need a rapid transition to net zero” 
Bernard Looney, chief executive officer

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