Where do BP get their oil from?

Where does BP do? The company gets around a quarter of its oil and a third of its gas from the US. Another third of its oil comes through a joint venture with Russian oligarchs called TNK-BP and a third of its gas comes from South America.

How much oil reserves does BP have?

As of 31 December 2018, BP had operations in nearly 80 countries worldwide, produced around 3.7 million barrels per day (590,000 m3/d) of oil equivalent, and had total proven reserves of 19.945 billion barrels (3.1710×109 m3) of oil equivalent. The company has around 18,700 service stations worldwide.

Is BP moving away from oil?

BP will almost halve oil and gas production within a decade and shift its focus to renewable energy as the company reinvents itself to survive in a greener future. The oil giant will increase wind and solar power generating capacity 20-fold and install about 70,000 new electric vehicle charging points by 2030.

How much oil does BP produce daily?

BP produced 1.99 million barrels of oil per day in 2020. This was a decrease compared to the previous year and the lowest production volume in this seven-year period. In 2020, Asia became the company's largest producing region, accounting for 375,000 barrels of daily output.

Who is the richest oil company?

Saudi Aramco Saudi Aramco is one of the five companies in the trillion-dollar club as the world's third-largest company by market cap….Big Oil: The Largest Oil and Gas Companies by Market Cap.

•Oct 25, 2021

How much money does BP make a year?

According to BP's latest financial reports the company's current revenue (TTM) is $151.97 B. In 2020 the company made a revenue of $180.36 B a decrease over the years 2019 revenue that were of $278.39 B.

How much oil is left in the world BP?

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