BP
From Wikipedia, the free encyclopedia
This article is about the energy company. For other uses, see
BP (disambiguation).
BP plc
Type
Public limited company Traded as
Industry
Oil and gas Predecessors
Founded
- 1908 Anglo-Persian Oil Company
- 1935 Anglo-Iranian Oil Co.
- 1954 British Petroleum
- 1998 BP Amoco plc
- 2001 BP plc
Headquarters
London,
England, United Kingdom Area served
Worldwide Key people
Products
Petrochemicals Production output
3.3 Mbbl/d (520×103 m3/d) of
oil equivalent[1] (2015) Services Service stations Revenue US$ 225.98 billion
[2] (2015)
Operating income
US$ -7.92 billion
[2] (2015)
Profit US$ -6.4 billion
[2] (2015)
Total assets US$ 261.8 billion
[3] (2015)
Total equity US$ 98.387 billion
[3] (2015) Number of employees
79,800
[1] (as of 31 December 2015)
Subsidiaries Amoco Website
BP.com BP plc,
[4][5] also referred to by its former name,
British Petroleum, is a
British multinational oil and
gas company headquartered in
London,
England. It is one of the
world's seven oil and gas "
supermajors",
[6] whose performance in 2012 made it the world's sixth-largest oil and gas company, the sixth-largest energy company by
market capitalization[7] and the
company with the world's fifth-largest revenue (turnover).
[8][9] It is a
vertically integrated company operating in all areas of the oil and gas industry, including
exploration and
production,
refining,
distribution and marketing,
petrochemicals,
power generation and
trading. It also has
renewable energy interests in
biofuels and
wind power.
As of 31 December 2015, BP had operations in more than 70 countries, produced around 3.3 million barrels per day (520,000 m3/d) of
oil equivalent, and had total proved reserves of 17.18 billion barrels (2.731×109 m3) of oil equivalent.
[1] The company has around 17,200 service stations worldwide.
[10] Its largest division is BP America in the United States. In Russia BP owns a 19.75% stake in
Rosneft, the world's largest publicly traded oil and gas company by hydrocarbon reserves and production. BP has a primary listing on the
London Stock Exchange and is a constituent of the
FTSE 100 Index. It has secondary listings on the
Frankfurt Stock Exchange and the
New York Stock Exchange.
BP's origins date back to the founding of the
Anglo-Persian Oil Company in 1908, established as a subsidiary of
Burmah Oil Company to exploit oil discoveries in Iran. In 1935, it became the
Anglo-Iranian Oil Company and in 1954
British Petroleum.
[11][12] In 1959, the company expanded beyond the Middle East to Alaska and in 1965 it was the first company to strike oil in the
North Sea. British Petroleum acquired majority control of
Standard Oil of Ohio in 1978. Formerly majority state-owned, the British government privatised the company in stages between 1979 and 1987. British Petroleum merged with
Amoco in 1998, becoming
BP Amoco plc, and acquired
ARCO and
Burmah Castrol in 2000, becoming
BP plc in 2001. From 2003 to 2013, BP was a partner in the
TNK-BP joint venture in Russia.
BP has been directly involved in several major environmental and safety incidents. Among them were the 2005
Texas City Refinery explosion, which caused the death of 15 workers and resulted in a record-setting
OSHA fine; Britain's largest oil spill, the wreck of
Torrey Canyon; and the 2006
Prudhoe Bay oil spill, the largest oil spill on
Alaska's North Slope, which resulted in a US$25 million civil penalty, the largest per-barrel penalty at that time for an oil spill.
[13]
The 2010
Deepwater Horizon oil spill, the largest accidental release of oil into marine waters in history, resulted in severe environmental, health and economic consequences,
[14] and serious legal and public relations repercussions for BP. 1.8 million gallons of
Corexit oil dispersant were used in the cleanup response, becoming the largest application of such chemicals in US history.
[15] The company pleaded guilty to 11 counts of felony manslaughter, two misdemeanors, and one felony count of lying to Congress, and agreed to pay more than $4.5 billion in fines and penalties, the largest criminal resolution in US history.
[16][17][18]
Politic or not: cjohnny54 mention ABESTOS but his lung XRAY and blood was taking via by RUSSIAN DR. when he was applying for job on the BARGE - i am sure it was an op via BP oil/LE coast guard etc.
