bp’s Post

When BP refers to transforming into an integrated energy company, it signifies a strategic shift towards a more interconnected and holistic approach to delivering energy solutions to customers. This transformation involves aligning and integrating all aspects of BP’s business operations to create a seamless network that can provide energy services efficiently and effectively. Key aspects of this transformation may include: 1. Diversification of Energy Offerings: BP aims to offer a wide range of energy solutions beyond traditional oil and gas, such as renewable energy, electric vehicle charging, and energy storage. By diversifying its energy portfolio, BP can meet the evolving needs of customers and adapt to changing market dynamics. 2. Integration of Business Units: The integration of different business units within BP allows for collaboration and synergy across various sectors, enabling the company to leverage its expertise and resources more effectively. This integrated approach enhances operational efficiency and streamlines the delivery of energy solutions. 3. Customer-Centric Approach: By focusing on delivering energy solutions to customers when and where they’re needed, BP aims to provide personalized and responsive services that cater to individual preferences and requirements. This customer-centric approach enhances customer satisfaction and loyalty while driving business growth. 4. Value Creation: The transformation into an integrated energy company is designed to grow the overall value of BP by maximizing synergies, optimizing resources, and capitalizing on new opportunities in the energy market. By creating a more interconnected and agile business model, BP can enhance its competitiveness and drive sustainable growth. Overall, BP’s transformation into an integrated energy company represents a strategic evolution towards a more interconnected, customer-focused, and value-driven approach to delivering energy solutions. By integrating its businesses and operations, BP aims to position itself as a leading provider of diverse and sustainable energy services that meet the needs of customers and contribute to the growth and success of the company. More information on this transformation can be found at on.bp.com/integration.

Reinventing bp from and international oil company to an integrated energy company explained in an easy and simple way follows….

Register for our webinar on Thursday, August 10, 11 AM ET as we discuss the US Distributed Energy Resource Market and the transformation that is underway which is set to double the DER market by 2027. Learn more and register: https://okt.to/AFWycb #energytransition

If you missed the webinar on Friday, come learn from Timothy Canavan and myself about the mysteries behind increasing rates across the nation, and PG&E in particular!

Pacific Gas and Electric Company just finalized rates for 2024, and they're high. Why the big increase, and how will it impact your energy bills next year? If you missed our webinar last week, check it out on-demand for a deep-dive on PG&E’s forecasted 2024 energy rates from CEO Tom Arnold, and for ways to mitigate rising costs from energy veteran Timothy Canavan. You'll learn: ➡️ What the forecasted PG&E rate is for next year ➡️ How and why PG&E rates are set the way they are ➡️ Tips to ensure you’re on the “right” rate for your business ➡️ Strategies to control–and reduce–utility bill charges, and more. WEBINAR: PG&E Energy Rates: What to Expect in 2024 https://hubs.la/Q029vXb00

October 4th is Energy Efficiency Day, and #natgas utilities continue to invest in energy efficiency programs to keep your energy as affordable and streamlined as possible. Learn more: https://buff.ly/3mXV5UP

Gas utilities and gas infrastructure will play a crucial and enduring role in building pathways to a lower-carbon future. An essential pillar in those pathways is energy conservation, and natural gas utility energy efficiency programs and initiatives are crucial to driving energy savings and the deployment of emerging, highly efficient technologies. At a glance: In North America, gas utilities spent a total of $1.57 billion on energy efficiency-related expenditures in 2020 (the equivalent of $4.3 million each day in 2020) and budgeted $1.6 billion for the 2021 program year. Spending on energy efficiency programs by natural gas utilities has increased by 391 percent since 2007. U.S. gas utilities have saved 1.7 million metric tons of greenhouse gas emissions through energy efficiency programs in 2020. #EEDay2023

A recent report highlights U.S. electric utilities' innovative use of battery storage to shift power usage from low-price to high-price periods, enhancing #grid reliability and cost efficiency. Notably, the U.S. is expected to reach 32 GW of grid-scale battery storage capacity this year, up from 18 GW in 2023. At Utilities One Power, Oil & Gas, we're excited about these advancements, aligning with our commitment to a sustainable and resilient #energy future. Join us in shaping a smarter, greener energy landscape! #BatteryStorage #EnergyInnovation #UtilitiesOne #SustainableEnergy #GridOptimization

"Where the energy is." W Energy offers a cloud-based energy platform specifically designed for upstream and midstream energy companies, providing real-time field operation insights and processing speeds 150 times faster than the industry average. Learn more at https://lnkd.in/ePEiMuF #EnergySoftware #CloudPlatform #SoESpotlights

Understanding the different types of energy contracts can seem complicated, but if your contracts are coming up for renewal, now is the time to think about what type of contract is best for your business. This infographic explains the pros and cons of fixed energy contracts, variable passthrough contracts, and risked managed flexible energy contracts. At Businesswise Solutions, our expert energy traders work with clients to understand their requirements so we can get them the best contract for their business. https://lnkd.in/ekTxagcj #energyprocurement #energytrading #empoweringenergy