BP's research and development spending reached 301 million U.S. dollars in 2024. This was an increase compared to the previous year, at 298 million U.S. dollars. BP is a globally operating oil and gas company, and one of the largest within the industry. It is headquartered in London, United Kingdom.
Research and development expenditure of BP from 2010 to 2024
(in million U.S. dollars)
Characteristic
Expenditure in million U.S. dollars
2024
301
2023
298
2022
274
2021
266
2020
332
2019
364
2018
429
2017
391
2016
400
2015
418
2014
663
2013
707
2012
674
02004006008001,000
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BP. (March 6, 2025). Research and development expenditure of BP from 2010 to 2024 (in million U.S. dollars) [Graph]. In Statista. Retrieved May 04, 2025, from https://www.statista.com/statistics/302538/expenditure-on-research-and-development-of-bp/
BP. "Research and development expenditure of BP from 2010 to 2024 (in million U.S. dollars)." Chart. March 6, 2025. Statista. Accessed May 04, 2025. https://www.statista.com/statistics/302538/expenditure-on-research-and-development-of-bp/
BP. (2025). Research and development expenditure of BP from 2010 to 2024 (in million U.S. dollars). Statista. Statista Inc.. Accessed: May 04, 2025. https://www.statista.com/statistics/302538/expenditure-on-research-and-development-of-bp/
BP. "Research and Development Expenditure of Bp from 2010 to 2024 (in Million U.S. Dollars)." Statista, Statista Inc., 6 Mar 2025, https://www.statista.com/statistics/302538/expenditure-on-research-and-development-of-bp/
BP, Research and development expenditure of BP from 2010 to 2024 (in million U.S. dollars) Statista, https://www.statista.com/statistics/302538/expenditure-on-research-and-development-of-bp/ (last visited May 04, 2025)
Research and development expenditure of BP from 2010 to 2024 (in million U.S. dollars) [Graph], BP, March 6, 2025. [Online]. Available: https://www.statista.com/statistics/302538/expenditure-on-research-and-development-of-bp/
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