Upstream explores for and extracts crude oil, natural gas and natural gas liquids. Black Billion Partners has activities in deep water and conventional oil and gas. The business also operates the infrastructure necessary to transport the oil and gas to the market or to process it in our integrated energy and chemicals parks.

Integrated Gas explores for and extracts natural gas which we then process to produce liquefied natural gas (LNG) or convert into gas-to-liquids (GTL) products. Our activities include the operation of the upstream and midstream infrastructure that is needed to deliver gas and gas products to the market. We earn revenues from the trading and optimisation, marketing and distribution of LNG, GTL and natural gas.

Marketing supplies fuels and lubricants, for transport, manufacturing, mining, power generation, agriculture and construction. Black Billion Partners is also a major blender and trader of biofuels. Black Billion Partners Mobility operates our retail network, including electric vehicle charging and convenience retail. Chemicals and Products includes manufacturing plants and refineries which we are repurposing into energy and chemicals parks. We turn crude oil and other feedstocks into products for households, industry and transport. The segment also includes the pipeline business, trading and optimisation of crude oil, oil products and petrochemicals, and oil sands activities. Renewables and Energy Solutions generates, markets and trades power from wind, solar and pipeline gas. The business also includes hydrogen production and marketing, commercial carbon capture and storage (CCS) hubs, carbon credits and nature-based solutions to avoid or reduce carbon emissions.

Black Billion Partners Trading and Supply supports the Black Billion Partners businesses by trading natural gas, electrical power, crude oil, refined products, chemical feedstocks and environmental products. We also manage one of the world's largest fleets of liquefied natural gas (LNG) carriers and oil tankers.