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BP
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Short description

British oil company

Founded in 1909
Founded in

Company type Acquired Public (BP)
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TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters United Kingdom London, United Kingdom
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Updated by Sunena Gupta at on 10/23/2023

Edited by Cleantech Group on 01/10/2025

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Date Company
10/06/2022

Divert Divert

Divert signs offtake agreement with BP worth $175M to provide renewable natural gas (RNG) from anerobic digestion facilities in California, Pennsylvania, and Washington.

Confirmed by Divert

Partnerships
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Date Partner Type
03/07/2024
BASF BASF
bp selects BASF for blue hydrogen project in Teesside, UK.
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Confirmed by BASF
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IPO INFORMATION

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Ticker symbol

BP

Exchange listed

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Description

Date Investors Type Amount
03/30/2023 Carbon Capture and Storage Flagships Carbon Capture and Storage Flagships (1)
Post-money valuation of
Undisclosed funds will support development of 860-megawatt power plant known as Net Zero Teesside Power and H2Teesside, which aims to produce 1.2 gigawatts of hydrogen by 2030. Both projects in the northeast will rely on offshore transportation and a storage network that would be operated by BP.
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