BP p.l.c., a publicly owned British multinational oil and gas company headquartered in the United Kingdom, was founded in 1909. With approximately 63,800 employees, the company reported $189.3B in revenue as of 2025. Primarily focused on oil and gas, BP p.l.c. is recognized as an oil and gas "supermajor" and operates as one of the world's largest companies measured by revenues and profits. It was formerly known as The British Petroleum Company p.l.c. and BP Amoco p.l.c.
A subsidiary of Panoro Energy stated on October 9, 2026, that BP's international trading arm cannot compel it to continue an agreement for marketing crude oil from offshore Equatorial Guinea, asserting termination of the contract and commitment of the oil to Trafigura. Concurrently, eligible CommBank Yello customers can now save 9 cents per litre on fuel at BP as part of revamped cost-of-living offers. Earlier on October 9, Oil and Natural Gas Corporation Limited (ONGC) hosted BP's Global CEO Meg O’Neill and senior BP executives in New Delhi for discussions on strategic energy collaboration.
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