BP p.l.c.

London-based integrated oil and gas company

Overview

BP ranks fourth in the 2026 Fortune 500 Europe and second among UK companies, with fiscal 2025 revenue of US$192.5bn, down 1.07% on the prior year in dollar terms.[1] Fortune counts 93,700 employees.[1] The London-headquartered company explores for and produces oil and gas, runs refineries and fuel retailing, and holds renewable-energy investments. Fortune notes that in 2025 BP reduced planned spending on renewable and other low-carbon projects while increasing investment in oil and gas.[5]

BP p.l.c. strengths and limitations

Strengths

  • Revenue held roughly flat in 2025
  • Large fuels-marketing business

Limitations

  • Profit of only US$55.0m in 2025
  • Lower profitability than other European majors

Appears in

BP p.l.c. peers and competitors

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