BP

In November 2016, Fulcrum and BP formed a major strategic partnership that included a $30 million equity investment in Fulcrum by BP and a 500 million gallon jet fuel offtake agreement with Air BP, the aviation division at BP, that will provide Air BP with 50 million gallons per year of low-carbon, drop-in jet fuel. Air BP will also have the opportunity to provide fuel supply chain services for the blending, certification and delivery of Fulcrum’s jet fuel to commercial and military aviation customers.

BP operates in 70 countries worldwide. They find and produce oil and gas on land and offshore, move energy around the globe and manufacture and market fuels and raw materials used in thousands of everyday products, from mobile phones to food packaging.

Air BP is one of the world’s largest suppliers of aviation fuel products and services currently supplying over seven billion gallons of jet fuel per year to customers around the world. Through its operations, Air BP supplies jet fuel at more than 800 locations in 50 countries – fueling more than 6,000 flights every day.