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BP.COM NEWSROOM (180 press releases)

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Lightsource bp Marks Earth Day with a Continued Commitment to Powering the Planet Responsibly

PRESS RELEASE -- 23, April 2025

(IN BRIEF) In celebration of Earth Day 2025, Lightsource bp highlights its commitment to responsible renewable energy development under the global theme “Our Power, Our Planet.” The company has delivered over 11.5GW of clean energy worldwide, with a sustainability-first approach … Read the full press release

bp Announces Oil Discovery at Far South Prospect as Gulf of America Becomes Key Growth Area

PRESS RELEASE -- 14, April 2025

(IN BRIEF) bp has announced a new oil discovery at the Far South prospect in the deepwater Gulf of America. Located in Green Canyon Block 584, about 120 miles off Louisiana’s coast, the exploration well—drilled to a depth of 23,830 … Read the full press release

BP Provides Q1 2025 Guidance Amid Mixed Upstream Performance and Shifting Trading Conditions

PRESS RELEASE -- 11, April 2025

(IN BRIEF) BP p.l.c. has issued a Trading Statement outlining its current estimates and expectations for the first quarter of 2025, with insights into the economic environment and group performance. The statement clarifies that while it provides key guidance, it … Read the full press release

bp Board Initiates Chair Succession Process Led by Dame Amanda Blanc

PRESS RELEASE -- 5, April 2025

(IN BRIEF) bp’s board has initiated a succession process to select a new Chair after Helge Lund announced his intent to step down. Led by Senior Independent Director Dame Amanda Blanc, the process will see the new Chair joining the … Read the full press release

bp Drives Portfolio Reshaping: Strategic Sale of Austrian Retail Sites, EV Charging, and Fleet Business

PRESS RELEASE -- 27, March 2025

(IN BRIEF) bp has announced its intention to sell its mobility and convenience business in Austria as part of a strategic move to focus on its downstream operations. The sale includes over 260 retail sites (approximately 120 company-owned), EV charging … Read the full press release

JERA Nex bp Unveils Elite Leadership Team to Propel Global Offshore Wind Expansion

PRESS RELEASE -- 7, March 2025

IN BRIEF) JERA Co., Inc. and bp have announced the leadership team for their new 50-50 offshore wind joint venture, JERA Nex bp, positioning the entity as a global leader in the development, ownership, and operation of offshore wind projects. … Read the full press release

Lightsource bp Secures 10 Power Purchase Agreements in 2024, Expanding Global Renewable Energy Reach

PRESS RELEASE -- 19, February 2025

(IN BRIEF) In 2024, Lightsource bp secured 10 power purchase agreements (PPAs) totaling 1.3GW across Europe, the Americas, and APAC, highlighting its strong presence in the renewable energy market. The company has partnered with major global corporations like H&M Group, … Read the full press release

Exus Renewables Expands Hybrid Energy Portfolio with Acquisition of 130MWp Cibele Solar Farm from Lightsource bp

PRESS RELEASE -- 8, January 2025

(IN BRIEF) Exus Renewables has acquired the 130MWp Cibele solar farm in Portugal from Lightsource bp, expanding its renewable energy portfolio in Iberia. Construction is set to begin soon, with operations expected to start in 2026. The solar farm’s strategic … Read the full press release

BP Commences Gas Flow from Greater Tortue Ahmeyim Phase 1, Advancing Energy Production in Mauritania and Senegal

PRESS RELEASE -- 3, January 2025

(IN BRIEF) BP has begun the first gas flow from the Greater Tortue Ahmeyim (GTA) Phase 1 project, located offshore Mauritania and Senegal. This significant step in one of Africa’s deepest and most complex gas developments marks the project’s move … Read the full press release

Lightsource bp Begins Construction on Major Australian Renewable Energy Projects, Advancing the Nation’s Energy Transition

PRESS RELEASE -- 16, December 2024

(IN BRIEF) Lightsource bp has commenced construction on two major renewable energy projects in Australia: the 585MWdc Goulburn River solar farm in New South Wales and the Woolooga Battery Energy Storage System (BESS) in Queensland. The Goulburn River project, one … Read the full press release

bp Completes Full Acquisition of Lightsource bp to Boost Onshore Renewable Energy Portfolio

PRESS RELEASE -- 25, October 2024

(IN BRIEF) bp has completed its acquisition of the remaining 50.03% interest in Lightsource bp, enhancing its position in the onshore renewable energy sector. This acquisition brings bp full control over Lightsource bp’s 62 GW solar and battery storage development … Read the full press release

Lightsource bp Joins Forces with World Economic Forum to Launch Coalition for Responsible Renewable Infrastructure

PRESS RELEASE -- 8, October 2024

(IN BRIEF) Lightsource bp has partnered with industry leaders, environmental non-profits, and the World Economic Forum (WEF) to launch the Responsible Renewables Infrastructure Coalition. This global alliance aims to accelerate renewable energy deployment while benefiting local communities and ecosystems, aligning … Read the full press release

Apollo Acquires Stake in bp’s Trans Adriatic Pipeline, Exploring Further Energy Collaboration

PRESS RELEASE -- 16, September 2024

(IN BRIEF) Apollo Global Management has purchased a non-controlling stake in bp Pipelines TAP Limited, which holds bp’s 20% share in the Trans Adriatic Pipeline (TAP), for approximately $1 billion. While bp remains the controlling shareholder, this partnership allows bp … Read the full press release

Lightsource bp Strengthens German Solar Ambitions with Strategic Partnership

PRESS RELEASE -- 20, August 2024

(IN BRIEF) Lightsource bp has partnered with German renewable energy developer Kajoni Energie GmbH to accelerate its growth in Germany by developing over 500MWp of solar projects within the next two to three years. This collaboration will focus on identifying … Read the full press release

JERA Nex and JERA Americas Enter US Solar Market with Major Acquisitions

PRESS RELEASE -- 7, August 2024

(IN BRIEF) JERA Nex and JERA Americas have entered the US solar market by acquiring two solar projects, totaling 395MW AC, from Lightsource bp. The projects, located in Arkansas and Louisiana, are now operational and will provide renewable energy under … Read the full press release

BP Completes Acquisition of GETEC ENERGIE GmbH to Enhance European Energy Presence

PRESS RELEASE -- 2, August 2024

(IN BRIEF) BP has finalized the acquisition of GETEC ENERGIE GmbH, an energy supplier to commercial and industrial customers in Germany. This acquisition, announced in January 2024, enhances BP’s European gas and power operations and expands its reach to Germany, … Read the full press release

BP and Iraq Government Sign MoU for Kirkuk Region Redevelopment

PRESS RELEASE -- 2, August 2024

(IN BRIEF) BP and the Government of Iraq have signed a memorandum of understanding (MoU) to negotiate a redevelopment programme for the Kirkuk region. This includes investments in oil and gas, power generation, solar energy, and exploration activities. The MoU … Read the full press release

bp and Castrol Partner with Audi for Formula 1 Entry in 2026

PRESS RELEASE -- 16, July 2024

(IN BRIEF) bp and Castrol have entered into a strategic partnership with Audi for their debut in Formula 1 in 2026. This exclusive collaboration includes the development of FIA-compliant Advanced Sustainable fuels and specialized lubricants for Audi’s F1 power unit. … Read the full press release

Lightsource bp Harnesses AI to Revolutionize Renewable Energy Solutions

PRESS RELEASE -- 29, June 2024

(IN BRIEF) AI is crucial in scaling up the renewable energy industry, with Lightsource bp leveraging AI to address challenges like grid stability and asset protection. AI supports accurate forecasting, risk mitigation from extreme weather, and optimized site design. Lightsource … Read the full press release

Lightsource bp Legal Team Earns High Commendation at The Lawyer Awards 2024

PRESS RELEASE -- 29, June 2024

(IN BRIEF) Lightsource bp’s global Legal team received a ‘Highly Commended’ recognition at The Lawyer Awards 2024 for ‘In-house Commerce and Industry Team of the Year,’ securing second place behind BAE Systems. This honor reflects the team’s ability to manage … Read the full press release