Bp Company Net Worth (Updated 2026).

BP, or British Petroleum, was founded in 1909 as the Anglo-Persian Oil Company, marking the beginning of a journey that would shape the global energy landscape. The company’s inception was a result of a strategic partnership between the British government and the Burmah Oil Company, aiming to secure oil supplies for the British Empire.

BP’s breakthrough came in 1935 with the discovery of the vast oil reserves in the Persian Gulf. This discovery not only established the company as a major player in the global oil industry but also laid the foundation for its future expansion.

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BP’s Current Net Worth (2025)

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As of 2025, BP’s current net worth is approximately $120 billion, according to the latest available data. This figure reflects the company’s significant global operations and investments in the energy sector.

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Career

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BP, originally known as the Anglo-Persian Oil Company, was founded in 1908. It has since grown into one of the world’s largest integrated oil and gas companies, operating in over 70 countries. BP is known for its ‘Beyond Petroleum’ rebranding in the early 2000s, signaling a shift towards low carbon energy.

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Other Ventures

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BP’s other ventures include BP Solar, which was one of the world’s largest photovoltaic solar panel manufacturers, and BP Wind Energy, which operated wind farms in the United States. However, these ventures were sold off as part of BP’s strategic shift towards a lower carbon future.

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Assets

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BP’s assets are vast and diverse, including oil and gas fields, refineries, petrochemical plants, and retail sites. As of 2021, BP’s proven reserves were around 4.9 billion barrels of oil equivalent. The company also has significant investments in renewable energy, with a target to invest $5 billion annually until 2030.

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Annual Income

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BP’s annual income has fluctuated over the years due to changes in oil prices and the company’s strategic decisions. In 2021, BP’s reported revenue was $247.3 billion, a significant increase from the previous year due to higher oil and gas prices. The company’s net profit for 2021 was $12.8 billion.

Frequently Asked Questions about  Bp Company

Frequently Asked Questions: BP Company Net Worth

1. What is BP’s primary business?

BP is a multinational oil and gas company, one of the world’s largest. Its primary businesses include exploration and production of oil and natural gas, refining and marketing of these products, and the production of petrochemicals.

2. Where is BP headquartered?

BP’s headquarters are located in London, United Kingdom. However, it operates in over 70 countries worldwide.

3. Who is the current CEO of BP?

Bernard Looney is the current CEO of BP, having taken on the role in February 2020.

4. What is BP’s net worth?

BP’s net worth, as of the latest estimates, is approximately $105 billion.

5. How many employees does BP have?

As of 2021, BP employs around 70,000 people globally.

6. What are some of BP’s major subsidiaries?

Some of BP’s major subsidiaries include BP America, BP Canada Energy Group, BP Egypt, and BP Russia, among others.

7. What is BP’s market capitalization?

BP’s market capitalization, as of the latest estimates, is around $110 billion.

8. What is BP’s revenue like?

BP’s annual revenue typically ranges between $250 billion to $300 billion, depending on the global oil and gas market conditions.

9. How does BP contribute to renewable energy?

BP is investing in renewable energy, with a target to increase its renewable energy capacity to 20 GW by 2025. It is also expanding its electric vehicle charging network and bioenergy business.

10. What are some of BP’s notable incidents?

BP is known for several notable incidents, including the 2010 Deepwater Horizon oil spill in the Gulf of Mexico and the 2005 Texas City refinery explosion in the United States.