Our business model

BP delivers energy products and services to people around the world

We believe that the best way to achieve sustainable success as a group is to act in the long-term interests of
our shareholders, our partners and society. We aim to create value for our investors and benefits for the
communities and societies in which we operate, with the responsible supply of energy playing a vital role in
economic development.
Our business model Enlargenull
Creating value
Every stage of the hydrocarbon value chain offers opportunities for us to create value both through the
successful execution of activities that are core to our industry, and through the application of our own
distinctive strengths and capabilities in performing those activities. In renewable energy our focus is on
integrating biofuels into the hydrocarbon value chain, and on wind operations in the US.
Our approach spans everything from exploration to marketing. Integration across the company allows us to
share functional excellence more efficiently across areas such as safety and operational risk, environmental
and social practices, procurement, technology and treasury management.
Our commitments
A relentless focus on safety remains the top priority for everyone at BP. Rigorous management of risk helps
to protect the people at the front line, the places in which we operate and the value we create. We understand
that operating in politically complex regions and technically demanding geographies requires particular
sensitivity to local environments.
Our capabilities
We apply our distinctive capabilities the expertise of our people, advanced technology and the ability to
build the strong relationships to access resources and deliver complex projects.
How we are organized
Through our two main operating segments, Upstream and Downstream, we find, develop and produce
essential sources of energy, turning them into products that people need. We also buy and sell at each stage of
the hydrocarbon value chain. In renewable energy, our activities are focused on biofuels and wind. We also
have a 19.75% shareholding in Rosneft.