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Oil giant BP shutters its corporate venture arm after 20 years

TechCrunch • Thu, 16 Jul 2026

Oil giant BP shutters its corporate venture arm after 20 years

BP Ventures is shutting down, ending a nearly 20-year run that was marked by reportedly lackluster returns.

What happened?

BP Ventures is shutting down, ending a nearly 20-year run that was marked by reportedly lackluster returns.

Story details

BP Ventures is shutting down, ending a nearly 20-year run that was marked by reportedly lackluster returns.

Why it matters

This story helps build a stronger internal English tech archive around Technology, giving search visitors more reasons to keep browsing the site instead of bouncing after a single headline.

Original source

https://techcrunch.com/2026/07/16/oil-giant-bp-shutters-its-corporate-venture-arm-after-20-years/