BP Fuels India's Energy Future: Gas, Solar, and a Retail Boom

British energy giant BP is ramping up its investments in India’s energy sector, focusing on natural gas, renewable energy, and efficiency technologies.

BP plans to channel capital into the development of KG Basin blocks and will actively engage in future Open Acreage Licensing Policy (OALP) rounds, including OALP X. The company has deepened its partnerships with Reliance Industries and ONGC, offering technical advice on stratigraphic wells in deepwater blocks and jointly pursuing offshore acreage opportunities.

Through its joint venture Jio-bp with Reliance, BP aims to expand compressed biogas infrastructure and double its retail fuel network by adding 4,000 new stations over the next four years.

BP’s renewable energy strategy includes entry into India’s solar market via Lightsource bp, one of the world’s largest solar companies, and the advancement of biogas technologies through Archaea Energy. These initiatives reflect BP’s long-term commitment to supporting India’s energy transition through upstream gas development, downstream retail growth, and renewable energy expansion.

News by Rahul Yelligetti.