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BP

In November, 2016 Fulcrum and BP announced a key strategic relationship that includes a $30 million equity investment in Fulcrum by BP, a ten year 500 million gallon jet fuel supply agreement with Air BP and an arrangement for Air BP to provide Fulcrum with fuel supply and logistics services. See the announcement here.

Air BP, the aviation division of BP, is one of the world’s largest suppliers of aviation fuel products and services. They have a network of operations at over 800 locations in 50 countries and sell more than seven billion gallons of jet kerosene and aviation gasoline a year. In 2015, Air BP fueled more than 6,000 flights every day.