BP's Upstream division revenue 2010-2024

Published by Statista Research Department, Mar 31, 2025

BP generated 58.3 billion U.S. dollars in revenues through its upstream and low-carbon energy business segment in 2024. This was a decrease compared to the previous year. In 2021, BP restructured its segments, including low-carbon products, such as low-carbon electricity, bioenergy, carbon capture and storage, and hydrogen within its gas upstream sector. Low-carbon products were previously categorized under BP's corporate & other business segment. BP is a globally operating oil and gas company, headquartered in London, United Kingdom.

Revenue of BP's upstream business segment from 2010 to 2024 (in million U.S. dollars)

CharacteristicRevenue in million U.S. dollars
2024 58,265
2023 75,201
2022 89,448
2021* 55,359
2020 34,197
2019 54,501
2018 56,399
2017 45,440
2016 33,188
2015 43,235
2014 65,424
2013 70,374
2012 72,225
Showing entries 1 to 13 (15 entries in total)
Created with Highcharts 7.2.2Revenue in million U.S. dollars66,26666,26675,75475,75472,22572,22570,37470,37465,42465,42443,23543,23533,18833,18845,44045,44056,39956,39954,50154,50134,19734,19755,35955,35989,44889,44875,20175,20158,26558,265201020112012201320142015201620172018201920202021*202220232024
020,00040,00060,00080,000100,000

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Release date

March 2025

Region

Worldwide

Survey time period

2010 to 2024

Special properties

includes sales and other operating revenues.

Supplementary notes

* In January 2021, BP restructured its segments. Therefore, from 2021 onwards, figures include the gas & low-carbon energy and oil production & operations.
In addition to upstream gas products, the segment includes low-carbon products (low-carbon electricity, bioenergy, CCUS, and hydrogen). Low-carbon products were previously incorporated under the Corporate & other business segment.

This statistic was assembled from several publications of the same source.

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