BP Net Worth is$147.4 B
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Type: Public limited company

Traded As: BP, BP

Company Slogan: Beyond petroleum

Foundation: 1909 (as Anglo-Persian Oil Company),

Location: London, United Kingdom

Area Served: Worldwide

Key People: Carl-Henric Svanberg (Chairman), url

Industry: Petroleum industry

Products: Petroleum, Aviation fuels

Services: Service stations

Revenue: {{gain United States dollar 386.46 billion (2011)
Operating Income: net income

Assets: equity

Num Employees: 79,700 (2011)
Homepage: www.bp.com

BP plc (LSE: BP, NYSE: BP) is a British multinational oil and gas company headquartered in London, United Kingdom. It is the third-largest energy company and fourth-largest company in the world measured by 2011 revenues and is one of the six oil and gas "supermajors". It is vertically integrated and operates 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 activities in biofuels and wind power.
BP has operations in over 80 countries, produces around 3.4 million barrels of oil equivalent per day and has around 21,800 service stations worldwide. Its largest division is BP America, which is the second-largest producer of oil and gas in the United States. As of December 2011[update], BP had total proven commercial reserves of 17.75 billion barrels of oil equivalent. BP has a primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index. It had a market capitalisation of A?81.4 billion as of 6 July 2012, the fourth-largest of any company listed on the London Stock Exchange. It has a secondary listing on the New York Stock Exchange.
BP's origins date back to the founding of the Anglo-Persian Oil Company in 1909, 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. 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 and acquired ARCO and Burmah Castrol in 2000.
BP has been involved in several major environmental and safety incidents, including the 2010 Deepwater Horizon oil spill,

BP Net Worth, 3.0 out of 5 based on 2 ratings

BP Latest News

Oil & Gas Stock Roundup: Andeavor Logistics & Nabors' Acquisitions, BP's Project Start-Up & More

It was a week where oil prices tallied a loss but natural gas ended sharply higher. On the news front, midstream player Andeavor Logistics L.P. (ANDX - Free Report) and drilling contractor Nabors Industries Ltd. (NBR - Free Report) announced big takeover ...
Posted: August 16, 2017, 2:15 pm

BP Turns to Text to Increase Customer Loyalty

Convenience Store News Small Operator focuses on the unique needs of the more than 95,000 independent convenience store operators in North America. Locate your next c-store product supplier with our robust online database. Search by product category ...
Posted: August 16, 2017, 12:10 pm

BP starts new gas production from Trinidad, a major exporter

Aug. 14 (UPI) --British energy company BP said it expected a ramp up in natural gas production from its second project to come online this year off the coast of Trinidad. Gas production started at the Juniper development about 50 miles off the coast of ...
Posted: August 13, 2017, 9:00 pm

Packers Plus and BP Oman Achieve Unprecedented Operational Efficiencies in HPHT Wells

CALGARY, Aug. 15, 2017 /PRNewswire/ - Packers Plus Energy Services Inc. is pleased to announce recent developments with BP Oman Exploration (Epsilon) Ltd. Collaborations include development of a customized completion system, successful installation and ...
Posted: August 15, 2017, 5:04 am

Two more BP projects begin production

Gas projects in Australia and Trinidad are fourth and fifth of seven major projects start-ups BP expects in 2017 BP today confirmed the start of production from another two of the seven Upstream major projects that it expects to come online in 2017.
Posted: August 14, 2017, 2:35 pm
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