BP plc · LSE:BP.
BP — Corporate Update (October 2023)
11 slides from BP's corporate update, October 2023
Slide 1: Biogas Investor update October 2023
Investor update Biogas Our strategy in action ― Biogas Investor update October 2023
Slide 2: To be a market leader across the biogas value chain
Investor update Biogas Our strategy in action ― to be a market leader across the biogas value chain Rapidly growing, Leveraging and building Material resource supportive biogas advantaged, integrated base enabling market positions differentiated growth Capturing premium value 2
Slide 3: Rapidly growing, supportive biogas market
Investor update Biogas Our strategy in action ― Rapidly growing, supportive biogas market Global biogas supply and demand1,2 bcm >3-fold growth Existing and growing customer base Supply 2030 – 2050 Industry Transportation Buildings Hydrogen Proven technology and infrastructure Supportive regulatory
Slide 4: Leveraging and building advantaged, integrated positions
Investor update Biogas Our strategy in action ― Leveraging and building advantaged, integrated positions Trading & shipping – optimising routes to markets Material equity position and i Advantaged infrastructure development pipeline access Deep operational i Global, integrated, capabilities multi-co
Slide 5: Investor update Biogas Our strategy in action ―
Investor update Biogas Our strategy in action ― 5
Slide 6: Material resource base enabling differentiated growth
Investor update Biogas Our strategy in action ― Material resource base enabling differentiated growth Archaea landfill RNG production mmbtu/d Predictable gas flows over many Operational RNG facilities Plant and wellfield optimisation decades Development pipeline CCS optionality Gas rights secured fo
Slide 7: Archaea's advantaged portfolio
Investor update Biogas Our strategy in action ― Archaea’s advantaged portfolio Archaea operations and development pipeline A compelling combination Archaea – 50 sites online today; development pipeline of ~80 projects with feedstock for 80% secured bp – operational excellence and trading capabilitie
Slide 8: Our strategy in action - scaling-up Archaea
Investor update Biogas Our strategy in action ― Our strategy in action ― scaling-up Archaea Assai plant Medora Plant Current production >4tbtu p.a. First plant online using World’s largest Archaea Modular Design RNG facility Plans to grow Set to scale at pace 8
Slide 9: Confident delivering biogas growth plans
Investor update Biogas Our strategy in action ― Confident delivering biogas growth plans Biogas supply* mboed ~70mboed2 Proven track record of Actuals Equity 25% CAGR1 delivering value Offtake Archaea Energy Differentiated and advantaged positions across the value chain Capable, committed and 2022 2
Slide 10: Scaling up to be a market leader across the biogas value chain
Investor update Biogas Our strategy in action ― Scaling up to be a market leader across the biogas value chain 10
Slide 11: Cautionary statement
Investor update Biogas Our strategy in action ― Cautionary statement In order to utilize the ‘safe harbor’ provisions of the United States Private Securities Litigation Reform Act of 1995 (the ‘PSLRA’) and the general doctrine of cautionary statements, bp is providing the following cautionary statem