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BP p.l.c.

bp

BP is a global energy company that produces oil, gas, and low-carbon products.

Lobbying Activity

Meeting with Kurt Vandenberghe (Director-General Climate Action)

28 Oct 2025 · BP’s views on the decarbonization of their industry

Meeting with Maroš Šefčovič (Commissioner) and

28 Oct 2025 · Priorities of the EU’s trade agenda

Meeting with Andi Cristea (Member of the European Parliament) and Bayerische Motoren Werke Aktiengesellschaft and

22 Oct 2025 · EU-UK relations

BP urges removal of production forecast reporting requirements

17 Sept 2025
Topic — Revision of data reporting rules under EU wholesale energy market integrity regulation.
Message — BP requests removal of requirements to provide production and consumption forecasts, clearer definitions, and at least 18 months implementation time. They argue the proposals go beyond the legal text and contradict EU simplification goals.123
Why — This would avoid commercially sensitive disclosures and reduce compliance costs and complexity.45
Impact — Regulators lose forward-looking data that could help detect market manipulation and abuse.6
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BP calls for long-term aviation fuel targets and government guarantees

4 Sept 2025
Topic — EU strategic framework for renewable and low-carbon transport fuel investment.
Message — BP requests a post-2030 renewable energy transport target, national incentives for advanced sustainable aviation fuel, and revenue certainty mechanisms backed by government intermediaries. They argue these measures are critical to enable timely scale-up and address high capital costs.123
Why — This would reduce investment risk and enable BP to finance new fuel plants.45
Impact — Taxpayers bear commercial risks through government-backed guarantees covering 10-20 years of revenue.6
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Meeting with Christian Ehler (Member of the European Parliament)

26 Aug 2025 · Biomethan

BP Urges EU to Maintain Free Carbon Allowances for Refineries

8 Aug 2025
Topic — Extension of EU's carbon border mechanism to downstream products and anti-circumvention measures.
Message — BP requests continued free carbon allowances for refineries until major trading partners implement comparable carbon pricing. They want any CBAM for refined products to cover the full value chain including all products, feedstocks, intermediates and biofuels, with export provisions to maintain global competitiveness.123
Why — This would shield BP's refineries from carbon costs their global competitors don't face.45
Impact — Climate advocates lose stronger carbon pricing incentives to drive refinery decarbonization.6
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BP urges EU to delay refinery emission zero-target

8 Jul 2025
Topic — Review of the EU emissions trading system for maritime and stationary installations.
Message — BP proposes extending the emissions cap deadline to 2050 and adopting a net-zero framework allowing international carbon credits. They also request maintaining free carbon allowances until global trade partners implement similar pricing.12
Why — This would protect BP's refining margins and provide more time for expensive decarbonization investments.34
Impact — Environmental groups may see the delayed 2050 deadline as a weakening of urgent climate action.5
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Meeting with Petra Nemeckova (Cabinet of Executive Vice-President Teresa Ribera Rodríguez), Terhi Lehtonen (Cabinet of Executive Vice-President Teresa Ribera Rodríguez) and

5 Jun 2025 · Importance of the EV charging industry for EU competitiveness.

Meeting with Joaquim Nunes De Almeida (Director Internal Market, Industry, Entrepreneurship and SMEs)

20 May 2025 · SAF and hydrogen projects

Meeting with Cristina Lobillo Borrero (Director Energy)

13 May 2025 · EU Methane Regulation

Meeting with Anne-Maud Orlinski (Cabinet of Commissioner Dan Jørgensen)

18 Mar 2025 · Renewable Energy, Biofuels and Sustainable Aviation fuels

Meeting with Matthieu Moulonguet (Cabinet of Commissioner Wopke Hoekstra) and TotalEnergies SE and

11 Mar 2025 · The role of hydrogen for heavy-duty vehicles

Meeting with Telmo Baltazar (Principal Adviser Communication)

5 Mar 2025 · Political priorities of the Commission – Competitiveness and Clean Industrial Deal and their relation with Communication.

Meeting with Apostolos Tzitzikostas (Commissioner)

22 Jan 2025 · Introductory meeting

BP Urges EU to Drop Co-Processed Fuel Categories

6 Jan 2025
Topic — Rules for calculating SAF price differences under EU emissions trading scheme.
Message — BP requests removal of separate subcategories for co-processed fuels. They argue co-processed biofuels should be included in existing categories based on feedstock type, not production pathway. The company emphasizes there is no technical or market basis for this distinction.123
Why — This would reduce bureaucratic burden and align treatment with their existing co-processing operations.45
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Meeting with Magda Kopczynska (Director-General Mobility and Transport) and TotalEnergies SE and

6 Dec 2024 · Investments in sustainable liquid fuels production in the EU

Meeting with Jan-Christoph Oetjen (Member of the European Parliament)

2 Dec 2024 · Exchange on current challenges in the fueling industry

BP urges changes to EU low-carbon fuel rules

23 Oct 2024
Topic — EU methodology for certifying greenhouse gas emission reductions from low-carbon fuels.
Message — BP requests changes to upstream methane emission calculations, refinery gas treatment, and third-country import recognition. They warn the current rules could deter investment in low-carbon hydrogen production and imports. BP seeks alignment with existing renewable fuel regulations and explicit minimum CCS capture rates.123
Why — This would enable BP to use favorable gas emission data and avoid disadvantaging their CCS-enabled hydrogen projects.45
Impact — Climate advocates lose stricter carbon accounting that captures full lifecycle emissions of fossil-based hydrogen.
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BP Seeks Clearer Rules for Biofuel Imports

29 May 2024
Topic — EU regulation harmonizing import requirements for used cooking oil as biofuel feedstock.
Message — BP requests guidance on third-country establishment registration requirements and how importers should demonstrate when used cooking oil contains no animal materials. They want the regulation extended to cover other biofuel feedstocks that are catering waste.123
Why — This would ensure efficient imports and consistent application across EU member states.4
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Meeting with Maroš Šefčovič (Executive Vice-President) and

13 May 2024 · Decarbonisation of the energy system.

Meeting with Maroš Šefčovič (Executive Vice-President) and

16 Apr 2024 · IOGP Roundtable

Meeting with Roxana Lesovici (Cabinet of Commissioner Adina Vălean)

13 Mar 2024 · Upcoming EU Guidelines on GHG Marine Fuel Certification

Meeting with Adam Romanowski (Cabinet of Vice-President Maroš Šefčovič), Juraj Nociar (Cabinet of Vice-President Maroš Šefčovič)

6 Dec 2023 · Hydrogen / SAF / EV infrastructure Decarbonisation EU Energy Platform

Meeting with Rachel Smit (Cabinet of Commissioner Adina Vălean)

9 Nov 2023 · SAF and ReFuel

BP Urges Regulatory Certainty for Hydrogen Valley Investments

5 Sept 2023
Topic — EU strategy to double hydrogen valleys by 2025 for clean energy transition.
Message — BP requests a clear, stable regulatory framework to support multi-million euro investment decisions in hydrogen valleys. They want accelerated permitting procedures, increased EU funding with flexible combination of funding mechanisms, and development of hydrogen pipeline infrastructure to connect supply and demand.1234
Why — This would de-risk their €2 billion Valencian hydrogen valley investment and attract private finance.56
Impact — Taxpayers fund infrastructure costs that primarily benefit large energy companies' hydrogen projects.78
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BP Urges EU to Create Business Models for Carbon Storage

29 Aug 2023
Topic — EU strategy for deploying carbon capture and storage technology by 2050.
Message — BP requests the EU create business models and complementary measures to support investment in CO2 storage infrastructure. They want the storage obligation contingent on measures supporting the entire CCS value chain. BP also seeks allowance for agreements with storage operators in non-EU countries.123
Why — This would unlock investment opportunities and allow BP to monetize its geological storage capabilities.45
Impact — EU-based storage developers face competition from cheaper third-country alternatives with superior geology.6
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Meeting with Ditte Juul-Joergensen (Director-General Energy) and BASF SE and

29 Aug 2023 · Energy transition and security

Meeting with Anouk Faber (Cabinet of Commissioner Nicolas Schmit), Christoph Nerlich (Cabinet of Commissioner Nicolas Schmit)

3 Jul 2023 · Meeting on social mobility and the Pact for Skills

Meeting with Aleksandra Tomczak (Cabinet of Executive Vice-President Frans Timmermans)

28 Apr 2023 · Gas market package

Meeting with Aleksandra Tomczak (Cabinet of Executive Vice-President Frans Timmermans)

1 Mar 2023 · BP annual statistical review

Meeting with Mairead McGuinness (Commissioner) and

10 Jan 2023 · Taxonomy, ESG ratings, CSRD

BP Urges Expansion of Advanced Biofuel Feedstock List

2 Jan 2023
Topic — EU revision of eligible feedstocks for advanced biofuels and biogas production.
Message — BP requests that intermediate crops like cover crops be added to Part A rather than Part B of Annex IX, arguing they represent advanced sustainable farming practices. They also seek clearer definitions and an increased cap on Part B feedstocks.123
Why — This would provide stronger incentives for their advanced biofuel production and deployment.45
Impact — Environmental groups concerned about potential land use pressures from expanded feedstock eligibility.6
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Meeting with Henrik Hololei (Director-General Mobility and Transport)

25 Nov 2022 · SAF and electromobility

Meeting with Kadri Simson (Commissioner) and

26 Oct 2022 · Joint purchasing options.

Meeting with Aleksandra Tomczak (Cabinet of Executive Vice-President Frans Timmermans), Riccardo Maggi (Cabinet of Executive Vice-President Frans Timmermans)

4 Oct 2022 · Energy crisis response and Repower EU

Meeting with Aleksandra Tomczak (Cabinet of Executive Vice-President Frans Timmermans)

15 Sept 2022 · Discussion with BP Chief Economist and experts about the role of the EU Energy Platform

Meeting with Frans Timmermans (Executive Vice-President)

6 Sept 2022 · Global gas markets, investments in green hydrogen and RePowerEU objectives with respect to diversification of gas supply, energy savings and renewable energy acceleration

Meeting with Mairead McGuinness (Commissioner) and

6 Sept 2022 · Sustainable Finance

BP Urges Flexibility in EU Biofuel Co-Processing Rules

20 Jul 2022
Topic — EU methodology for determining biofuel content when biomass is processed with fossil fuels.
Message — BP requests flexibility in testing frequency, narrower system boundaries around co-processing units rather than entire refineries, and a 3% deviation threshold instead of 1% for verification testing. They argue current requirements don't account for technical limitations and would discourage investment in renewable fuels.1234
Why — This would reduce compliance complexity and costs for their refinery operations.56
Impact — Environmental groups lose stricter verification standards that ensure accurate renewable fuel claims.
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BP urges EU to allow fossil carbon until 2045

17 Jun 2022
Topic — New methodology for calculating greenhouse gas emissions from renewable and recycled carbon fuels.
Message — BP requests a grandfathering clause for plants using fossil carbon until 2045. They also want municipal solid waste included as a valid fuel feedstock. The company suggests using energy-based allocation for greenhouse gas emissions calculations.123
Why — Clearer rules and extended deadlines would reduce investment risks for expensive fuel projects.45
Impact — Climate advocates lose as BP seeks to extend fossil carbon usage for another decade.67
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BP urges flexibility in EU gas storage mandates

25 May 2022
Topic — EU regulation requiring minimum gas storage levels for winter supply security.
Message — BP requests that fast and medium cycle storage be excluded from mandatory filling requirements, arguing these facilities need flexibility to respond to market volatility. They want interventions to be time-limited and regularly reviewed, with realistic intermediate targets rather than ambitious filling profiles.123
Why — This would preserve the commercial value of BP's storage facilities and maintain flexibility.45
Impact — EU governments lose tools to ensure adequate winter gas reserves during supply crises.6
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Meeting with Roxana Lesovici (Cabinet of Commissioner Adina Vălean), Walter Goetz (Cabinet of Commissioner Adina Vălean)

24 May 2022 · Energy

Meeting with Frans Timmermans (Executive Vice-President)

24 May 2022 · Repower EU and the energy transition

Meeting with Aleksandra Tomczak (Cabinet of Executive Vice-President Frans Timmermans), Antoine Colombani (Cabinet of Executive Vice-President Frans Timmermans), Riccardo Maggi (Cabinet of Executive Vice-President Frans Timmermans), Stefanie Hiesinger (Cabinet of Executive Vice-President Frans Timmermans)

24 May 2022 · Presentation and exchange of views on the findings of the BP Statistical Review

BP Calls for Flexibility in EU Methane Rules

14 Apr 2022
Topic — EU regulation requiring monitoring, leak detection, and flaring standards for energy sector methane.
Message — BP wants the EU to focus on monitoring outcomes rather than fixed inspection schedules, and allow risk-based leak detection programs tailored to each facility. They request flexibility in flaring standards to account for technical constraints and safety requirements.1234
Why — This would reduce compliance costs and let BP focus resources on high-risk areas.56
Impact — Environmental groups lose stronger enforcement mechanisms and shorter compliance timelines for methane reduction.
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BP Urges Technology-Neutral Hydrogen Policies and Infrastructure Investment

13 Apr 2022
Topic — EU regulation on internal markets for renewable and natural gases and hydrogen.
Message — BP requests technology-neutral policies that prioritize carbon intensity reduction over production methods. They want hydrogen certificates to be tradable separately from physical commodities, enabling environmental benefits to reach broader markets. They seek accelerated hydrogen infrastructure development with temporary regulatory changes to encourage rapid market growth.123
Why — This would allow BP to monetize low-carbon hydrogen from gas with carbon capture.45
Impact — Renewable hydrogen producers face increased competition from fossil-fuel based alternatives with carbon capture.6
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BP urges technology-neutral hydrogen policy to accelerate decarbonisation

12 Apr 2022
Topic — EU proposal to adapt gas market rules for renewable and low-carbon gases.
Message — BP requests technology-neutral policies that support both renewable and low-carbon hydrogen based on carbon intensity rather than production method. They want separation of environmental characteristics from physical commodities to enable trading. They seek clarity on certification schemes and earlier methodology for assessing greenhouse gas savings, rather than waiting until end 2024.123
Why — This would allow BP to monetize low-carbon hydrogen from natural gas with carbon capture.45
Impact — Renewable hydrogen producers lose competitive advantage if fossil-based hydrogen receives equal support.6
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Meeting with Filip Alexandru Negreanu Arboreanu (Cabinet of Commissioner Adina Vălean), Walter Goetz (Cabinet of Commissioner Adina Vălean)

31 Jan 2022 · Mobility issues

BP urges higher SAF targets and flexibility in aviation fuel mandate

17 Nov 2021
Topic — EU regulation mandating sustainable aviation fuel blending to reduce aviation emissions.
Message — BP requests raising the 2030 sustainable aviation fuel target from 5% to 10%. They want recycled carbon fuels included to support waste-to-fuel pathways. BP seeks flexibility to comply based on total EU supplies rather than individual airports, and wants SAF to count toward multiple regulations.1234
Why — This would expand market opportunities for BP's existing refining capacity and SAF production capabilities.56
Impact — Higher targets could increase fuel costs for airlines and passengers in short-term.7
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Response to Revision of Alternative Fuels Infrastructure Directive

17 Nov 2021

Please find attached BP PLC feedback
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BP urges broader hydrogen definitions in renewable energy rules

17 Nov 2021
Topic — Revision of EU Renewable Energy Directive to meet increased 2030 climate targets.
Message — BP requests that all low carbon hydrogen, not just green hydrogen, count toward the 50% renewable target. They want refineries exempted from industry hydrogen obligations and included in transport rules instead. They seek higher caps on waste-based biofuels.123
Why — This would reduce compliance costs by allowing cheaper blue hydrogen and avoiding dual regulation of refining.456
Impact — Climate advocates lose stricter requirements that would accelerate green hydrogen deployment over fossil-based alternatives.7
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Response to FuelEU Maritime

8 Nov 2021

bp welcomes the Commission’s FuelEU Maritime proposal to introduce a GHG intensity reduction target for the energy used on ships. Whilst some maritime journeys are possible with battery electric vehicles, the vast majority of deep-sea shipping is going to require a more energy dense alternative to fossil fuel. Biofuels, synthetic liquid fuels created from electricity and gaseous fuels such as hydrogen or biogas are all possible sustainable marine fuels and alternatives to traditional fossil bunkers but will require appropriate regulatory support. BP welcomes well-designed, stable and long-term policy frameworks to incentivize and support investment in sustainable marine fuels. Although economy wide carbon pricing is the most economically efficient means to achieve long term climate goals in the long-term, in the shorter-term it is unlikely that economy-wide carbon prices will drive change in sectors with high abatement costs such as shipping and direct regulation will likely be the most effective way to drive reductions in marine emissions. We encourage greater ambition for mechanisms that effectively drive abatement of emissions in the shipping sector. bp has joined the Getting to Zero Coalition under the Global Maritime Forum which is committed to getting commercially viable deep sea zero emission vessels powered by zero emission fuels into operation by 2030. Recommendations for areas for policymaker consideration with regard to the proposed regulation: • We encourage greater ambition in the GHG intensity reduction targets set under the proposal. • To ensure the effectiveness of the proposal, further consideration should be provided to niche vessels, such as LNG powered steam turbine vessels which make up approximately 1/3 of the global LNG fleet, that, by virtue of their design & specification, may face challenges to safe operations arising from projected compliance options. • With regards to Article 5 of the proposal related to the use of energy at berth, until the shoreside electricity grid is fully decarbonised, the proposal may create an opportunity for distortion in the market as the GHG intensity used to generate the onshore power may be great than that generated onboard. For international sectors such as shipping, regulation at the global level through the IMO is critical, but this should not prevent regional action going further or faster in a way that builds upon existing internationally agreed principles or policies, minimises carbon leakage and seeks to reintegrate policies into IMO legislation as ambition levels coalesce. We encourage the continuous review and alignment of EU regulation to ongoing IMO legislative developments where the discussions on carbon pricing and other decarbonisation mechanisms are progressing much faster than anticipated and will continue to develop in parallel with the EU’s 2030 legislative proposals. Key points: • We support the Commission’s underlying approach of tackling GHG emissions from the maritime shipping sector and the well-to-wake emissions intensity standard as the right approach to reducing GHG emissions. • We support a higher GHG intensity target, potentially more aligned to the 13% GHG reduction target in transport under the proposed RED III. • We support EU seeking alignment of regulations at IMO level.
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Meeting with Aleksandra Tomczak (Cabinet of Executive Vice-President Frans Timmermans), Riccardo Maggi (Cabinet of Executive Vice-President Frans Timmermans)

15 Sept 2021 · Discussions around possible meetings at senior level

Response to Detailed implementing rules for the voluntary schemes recognised by the European Commission

27 Jul 2021

Article 19 & 23 of the proposed Commission Implementing Regulation on rules to verify sustainability and GHG saving criteria establish specific rules for Mass Balance system and co-processing, respectively. bp supports the EU’s decarbonisation goals and its focus on sustainability for biofuels and want ambitious effective climate policies to help us all get to net zero. We welcome the efforts of the European Commission to harmonize, through this Implementing Act, rules to apply across the certification system for voluntary schemes and low ILUC-risk biofuels. We believe that such rules should be clear enough to allow the implementation of a uniform and recognized certification process so that all stakeholders are able to fulfil them. We also encourage the Commission to design the rules so that they safeguard sustainability while avoiding unnecessary costs and complexity which may increase cost to consumers, adversely affecting achievement of the EU’s decarbonisation goals. With this in mind, we wish to draw the Commission’s attention to one specific concern, and our proposal for how it may be addressed. In short, as explained below we propose that, for activities downstream of refineries, the Commission should enable the “mass balance” approach already described in the Implementing Act for product group rules, which is an accepted and flexible approach, and that would allow the EU to maintain the level of sustainability protection which the Implementing Act seeks to provide. Currently Article 23 currently only describes the allocation of biogenic feedstocks to transport fuel (the separate Co-processing Delegated Act scope) within Refinery limits without taking into account the downstream distribution of the co-processed transport fuel and the subsequent blending activities with fossil/other biofuels. In this way, in the absence of more definition, it would appear that the Implementing Act would also require C14 testing to be conducted for those activities downstream of refineries. Based on our current understanding, were C14 testing to be imposed for those activities downstream of the refineries this would considerably limit the use of renewable fuels, and with it the potential for emission reductions in transport sector. We therefore recommend that further consideration is taken in relation to activities beyond Refinery limits and that Article 23 provide further clarity on how these activities should be managed. We believe that a mass balance approach to downstream co-processing activities would be a more cost efficient and equally robust means of allowing greater volumes of sustainable biofuels to be introduced to market in support of the EU’s higher 2030 ambitions. To support this, we recommend the proposed change to Article 19 section 19.2.(j) to incorporate a similar wording as used by the Commission to enable a “mass balance” approach in the definition of product group rules: (j) where biofuels, bioliquids or biomass fuels are blended with fossil fuels and the molecular structure of the biofuels, bioliquids or biomass fuels is similar to the molecular structure of the fossil fuel, the information about the sustainability and GHG emissions saving characteristics assigned to the blend shall be established considering they belong to the same product group. The determination of the share of biofuel, and biogas for transport from biomass being processed with fossil fuels in a common process, shall be established in accordance with Article 23.
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Meeting with Elzbieta Lukaniuk (Cabinet of Commissioner Adina Vălean)

17 Jun 2021 · Meeting to discuss developments in clean fuels.

Meeting with Pablo Fabregas Martinez (Cabinet of Commissioner Adina Vălean), Rachel Smit (Cabinet of Commissioner Adina Vălean)

17 Jun 2021 · Meeting to discuss the latest developments on clean fuels.

Response to Commission Delegated Regulation on taxonomy-alignment of undertakings reporting non-financial information

2 Jun 2021

bp welcomes the opportunity to contribute to this consultation and has contributed to responses of some industry associations. In addition to that input, we wanted to draw attention to one particular point around treatment of capex/investments relating to equity-accounted entities in connection with reporting pursuant to Article 8 of the Taxonomy Regulation. • As currently drafted, by excluding information about investments in equity-accounted entities, the draft delegated act may hinder comparisons of and under-estimate companies’ taxonomy-alignment. • Due to the significant level of investment needed to decarbonise the energy sector, companies often decide to invest in environmentally sustainable activities through joint arrangements (as defined by IFRS 11) or associates (as defined by IAS 28). Investments in joint ventures and associates are accounted for using the equity accounting method, whereas investments in joint operations are ‘proportionately consolidated’. Classification of joint arrangements under IFRS 11 is an area of significant judgement. • We note that investments made into equity-accounted entities would typically be reported as capex in IFRS financial statements. We also note that, by excluding investments in equity-accounted entities from reported capex, the draft delegated act on Article 8 creates an inconsistency in approach between such investments and joint operations. • Where this is material, this inconsistency can hinder comparisons of and under-estimate companies’ taxonomy-alignment. Without some flexibility in relation to these types of investments, the taxonomy risks creating a misleading picture of reporting entities which fails to give recognition for material investments. • Recognising that it may often not be practical or possible to undertake a full assessment of taxonomy-aligned turnover, capex and opex within equity-accounted entities, we invite the European Commission to reflect the principle, e.g. by highlighting this in a recital of the draft delegated act, that without allowing companies some flexibility with regard to their reporting relating to equity-accounted entities, the taxonomy risks creating a misleading picture of reporting entities. In addition to the inconsistency with accounting standards it fails to give recognition to reporting entities for material investments.
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BP backs EU methane regulations with mandatory measurement and reporting

22 Jan 2021
Topic — EU legislative proposal requiring measurement, reporting and verification of energy-related methane emissions.
Message — BP requests compulsory measurement, reporting and verification for all energy-related methane emissions, building on existing OGMP methodology. They want flexibility in leak detection solutions and an independent international observatory to publish global methane data.123
Why — This would provide confidence in their performance and allow buyers to choose their gas over competitors.45
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Response to Climate change mitigation and adaptation taxonomy

18 Dec 2020

BP strongly supports the EU’s objective to achieve climate neutrality by 2050 and looks forward to contributing to the EU climate transition. We adopted a new ambition this year to become a net zero company by 2050 or sooner, and to help the world get to net zero. The ambition is underpinned by 10 aims and our new strategy, launched in August, will see bp transform from an international oil company focused on providing resources to an integrated energy company focused on delivering solutions for customers. Delivering the strategy will see us become a very different company by 2030 and as part of that we have a planned ten-fold increase in low carbon spend and oil and gas production is expected to reduce by 35-40%, from current levels. One of our ten specific aims underpinning our net zero ambition is to be recognised as a leader in transparency of climate-related reporting and bp has declared support for the recommendations of the TCFD. We welcome the intention of the taxonomy regulation and we appreciate the ongoing work done by the EU Commission to encourage sustainable investments, provide legal clarity to the financial sector and set up an appropriate regulatory framework. Please find attached some specific comments on the draft delegated act, with a particular focus on climate change mitigation (annex 1).
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Response to Revision of the Renewable Energy Directive (EU) 2018/2001

21 Sept 2020

- bp supports the EU’s 2050 climate neutrality aspirations. - To ensure renewable fuel options are developed for each of the transport modes specific discrete targets for land, marine and air transport should be set. - We support option 5. - RED2 should send a clear signal to the energy sector and financial institutions for investment into low carbon technologies for the transport sector. Small incremental shifts will not be enough. - Drastic changes from the current RED2 that create uncertainty would be detrimental. Long term regulatory predictability is vital for investment in low carbon technologies. - bp supports a robust and pragmatic approach to sustainability standards/mass balance that ensures only sustainable biofuels meeting EU sustainability requirements are blended in transport fuels. Sustainability is one of the most important factors driving best practices in all biofuel producer countries to ensure the long-term success of the sector. bp will strive to play its part to meet this objective. - We see merit in having an approach that translates the RED target into a GHG-based metric. Carbon should be the common metric to assess compliance with the overall target as this will most effectively promote behaviour that addresses the climate challenge. Sub targets on specific advanced technologies in some difficult sectors to abate, e.g., aviation, might be needed for certain technologies to be developed and deployed. - We support the approach of limiting and over time reducing the use of high-ILUC risk feedstocks and food and feed crop based feedstocks, any changes need to protect or enhance these limits, i.e., new targets for aviation and shipping must not expand the permitted volumes of these feedstocks. - Carbon pricing is the most economically efficient way to achieve net zero. However, the current abatement costs in transport are much higher than the current ETS price and may not result in significant reductions in the transport sector. Hence, separate regulation of the transport sector, e.g., car efficiency standards and renewable fuel standards, is more likely to drive emissions reductions in transport until relative abatement costs are more closely aligned between sectors. - We support proposals to base fuel taxation more on fossil carbon content, e.g., levied per unit of fossil carbon or greater discounts/exemptions offered for low-fossil carbon fuels. - Multipliers such as double counting can help incentivize potential technologies that deliver additional benefits that are not adequately recognized in the product price or are expensive today. These incentives should be gradually removed as technologies become economically competitive. The use of multipliers should be extended beyond advanced biofuels as they would provide effective support for other desirable technologies like green hydrogen into refining. - Multipliers can also be used to overcome higher technology cost to direct renewable fuels development to sectors that are harder to decarbonize, but not maritime where technology costs are likely to be less. The EU should continue to focus their efforts on global alignment on greenhouse gas mitigation such as the IMO and ICAO initiatives. - Expanding the scope of RED2 to include green hydrogen could provide a business case for the development of new low carbon hydrogen facilities as well as retrofitting existing hydrogen facilities with CCUS. - We encourage the EU to develop the delegated acts that will clarify methodologies for Co-processing, mass Balancing and RTFNBOs, and establish the principle that renewable feedstocks can be introduced anywhere in the fuel production chain including the refinery. Co-processing should be enshrined as a compliance option so that it cannot be excluded from member states’ implementation.
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BP Urges EU Flexible Methane Standards with Industry Measurement Focus

5 Aug 2020
Topic — EU strategy to reduce methane emissions across energy, agriculture, and waste sectors.
Message — BP requests the EU develop monitoring standards led by industry measurement approaches, allow flexible compliance pathways recognizing supply chains outside EU, and provide tax benefits and technology incentives for reductions. They emphasize working practice standards over strict data requirements initially.123
Why — This would allow BP to shape measurement standards and avoid strict requirements for supply chains they don't fully control.45
Impact — Environmental groups lose stronger accountability for imported gas from countries with weaker methane controls.67
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Meeting with Aleksandra Tomczak (Cabinet of Executive Vice-President Frans Timmermans), Riccardo Maggi (Cabinet of Executive Vice-President Frans Timmermans)

18 Dec 2019 · Challanges and goals of the new Commission

Meeting with Telmo Baltazar (Cabinet of President Jean-Claude Juncker)

28 Nov 2018 · Climate Change

Meeting with Miguel Arias Cañete (Commissioner)

8 Jun 2018 · International gas markets

Meeting with Dominique Ristori (Director-General Energy)

8 Jan 2018 · Energy policy developments

Meeting with Miguel Arias Cañete (Commissioner)

18 Jul 2017 · future gas market developments

Meeting with Dominique Ristori (Director-General Energy)

12 May 2017 · Energy policy

Meeting with Julian King (Commissioner)

24 Mar 2017 · Europe and future developments

Meeting with Kaius Kristian Hedberg (Cabinet of Commissioner Elżbieta Bieńkowska) and Volkswagen Aktiengesellschaft and

22 Mar 2017 · trade barriers between EU and Russian federation

Meeting with Maroš Šefčovič (Vice-President) and

23 Feb 2017 · State of play Southern Gas Corridor

Meeting with Michael Karnitschnig (Cabinet of Vice-President Johannes Hahn)

15 Feb 2017 · Political Situation in Europe

Meeting with Bernd Biervert (Cabinet of Vice-President Maroš Šefčovič)

22 Nov 2016 · State of play Southern Gas Corridor

Meeting with Shane Sutherland (Cabinet of Commissioner Phil Hogan)

13 Sept 2016 · Reception

Meeting with Michael Karnitschnig (Cabinet of Vice-President Johannes Hahn)

31 Aug 2016 · Energy Policy in European Neighbourhood

Meeting with Maroš Šefčovič (Vice-President) and

17 May 2016 · Southern Gas Corridor

Meeting with Bernd Biervert (Cabinet of Vice-President Maroš Šefčovič)

22 Feb 2016 · Southern Gas Corridor

Meeting with Olivier Guersent (Director-General Financial Stability, Financial Services and Capital Markets Union) and TotalEnergies SE and Shell Companies

17 Feb 2016 · The implementation of EU legislation currently in development

Meeting with Jonathan Hill (Commissioner)

15 Feb 2016 · BP Southern Gas Corridor

Meeting with Iwona Piorko Bermig (Cabinet of High Representative / Vice-President Federica Mogherini)

19 Jan 2016 · Southern Corridor

Meeting with Bernd Biervert (Cabinet of Vice-President Maroš Šefčovič)

10 Nov 2015 · State of play Southern Gas Corridor

Meeting with Joachim Balke (Cabinet of Vice-President Miguel Arias Cañete)

9 Nov 2015 · Energy infrastructure

Meeting with Michael Karnitschnig (Cabinet of Vice-President Johannes Hahn)

22 Oct 2015 · International energy issues

Meeting with Miguel Arias Cañete (Commissioner) and

4 Sept 2015 · Security of supply and Energy diversification

Meeting with Dominique Ristori (Director-General Energy) and TotalEnergies SE and

4 Sept 2015 · gas and oil

Meeting with Bernd Biervert (Cabinet of Vice-President Maroš Šefčovič)

3 Sept 2015 · Southern Gas Corridor

Meeting with Miguel Arias Cañete (Commissioner) and

2 Sept 2015 · International Gas and Oil market

Meeting with Joachim Balke (Cabinet of Vice-President Miguel Arias Cañete)

22 Jul 2015 · EU Environmental Policy

Meeting with Pierre Schellekens (Cabinet of Vice-President Miguel Arias Cañete)

3 Jun 2015 · Energy Union

Meeting with Jos Delbeke (Director-General Climate Action)

3 Jun 2015 · Role of private business and carbon pricing in climate action

Meeting with Bernd Biervert (Cabinet of Vice-President Maroš Šefčovič)

1 Jun 2015 · Southern Gas Corridor

Meeting with Lee Foulger (Cabinet of Vice-President Valdis Dombrovskis)

1 Apr 2015 · Markets in Financial Instruments Directive/Capital Requirements Directive

Meeting with Edward Bannerman (Cabinet of Vice-President Jyrki Katainen), Grzegorz Radziejewski (Cabinet of Vice-President Jyrki Katainen), Miguel Gil Tertre (Cabinet of Vice-President Jyrki Katainen)

26 Mar 2015 · Energy outlook

Meeting with Miguel Arias Cañete (Commissioner) and

24 Mar 2015 · Southern Gas Corridor

Meeting with Miguel Arias Cañete (Commissioner) and

20 Mar 2015 · Energy Union (Security supply)

Meeting with Jonathan Hill (Commissioner)

5 Feb 2015 · Introductory Meeting

Meeting with Maroš Šefčovič (Vice-President) and

4 Feb 2015 · Energy Union

Meeting with Bernd Biervert (Cabinet of Vice-President Maroš Šefčovič)

20 Jan 2015 · Presentation of BP and their activities on the EU market

Meeting with Michael Karnitschnig (Cabinet of Vice-President Johannes Hahn)

9 Dec 2014 · Energy issues in the Balkans/neighbourhood