Upstream

Upstream is collectively made up of our gas and oil exploration and production businesses, our ownership of Rough and our minority stake in the UK's nuclear assets.

In line with our strategy to decarbonise the portfolio and reduce our exposure to oil and gas production, we have committed not to explore for new hydrocarbon reserves, instead focusing on ensuring we can fund our decomissioning liabilities while pursuing opportunities to leverage existing infrastructure to promo energy security and  help the UK on its path to net zero.