Trading & shipping

We have one of the world’s most developed commodity trading businesses, made up of a global team of over 2,000 people serving 12,000 customers in more than 140 countries. Meanwhile bp shipping is the oldest continuously operating part of bp and has been supporting global marine activities since 1915 – today, about 300 chartered and owned ships are on the water for bp at any one time, enabling us to move around 240 million tonnes of oil, gas, and products in any given year.

bp trading & shipping plays a central role in bp’s strategy, creating value for bp and our shareholders by integrating along and across our oil, gas and lower carbon value chains. We connect energy producers, suppliers, markets and customers to keep energy flowing today and help build out tomorrow’s energy system.

Safety comes first in everything we do, and we expect everyone in the team to work safely and with respect for the markets in which we operate.

Since T&S’s integrating role in bp includes managing the group’s energy flows, we expect the T&S portfolio to continue – as it does today – to reflect bp’s portfolio mix. As a result, in 2050 we see T&S’s portfolio reflecting both the decarbonization of the global energy mix and bp's own net zero ambition.