• BP flagged 2Q 2026 upstream production of 2,170-2,220 mboe/d, down 5%-7% from 2,339 mboe/d in 1Q.
• Net debt expected at USD 22-23 billion, down 9%-13% from USD 25.3 billion at end-1Q.
• Oil production & operations realizations seen adding USD 1.8-2.1 billion vs 1Q; exploration write-offs pegged at about USD 0.5 billion.
• Gas & low carbon energy realizations forecast to add USD 0.5-0.7 billion vs 1Q; gas marketing and trading result seen broadly flat.
• Refining throughput projected at 1,445-1,475 mb/d, down 3%-5% from 1,527 mb/d; realized refining margins seen adding USD 1.2-1.4 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BP plc published the original content used to generate this news brief on July 14, 2026, and is solely responsible for the information contained therein.