History
The origin of BP goes back to May 1901. The Anglo-Persian Oil Company, as BP was first known, was formed in 1909. Anglo-Iranian was renamed The British Petroleum Company in 1954. BP over the years gained successes in crude oil production and grew into a large global group.Mission
BP has a clear aim: to deliver competitive, secure returns by applying their distinctive capabilities to an equally distinctive set of assets.Area of Operation
The businesses of BP are:- Fuels and Stations
- Fuel Cards
- Motor Oil and Lubricants
- Route planner
- Station Locator
- Targetneutral
- Liquefied Petroleum Gas (LPG)
- Solar
- Air BP
- ARCO Aluminum
- Aromatics Acetyls
- Asphalt/Bitumen
- Crudes
- Franchising
- Shipping
- Fuel Cards
- Gas & Power
- Industrial Lubricants
- Invoice tracking system
- Marine Fuels and Lubricants
- Solar
The well known brands of the company are:
- BP
- ampm
- Aral
- ARCO
- Castrol
- Wild Bean Cafe
Key Statistics
- BP holds assets of $206.91 billion .
- BP group has made profits of $22.63 billion in 2006.
- BP operates in 100 countries in Europe, North and South America, Australasia and Africa.
- BP has 102,900 employees.
Organization
The organizational structure consists of:- Chairman
- The Board:
- Executive Directors
- Non-Executive Directors
- Board Committees
- Chairman's Committee
- Nomination Committee
- Audit Committee
- Ethics & Environment Assurance Committee
- Remuneration Committee
International Ranking
- BP ranks 4 th in the world in Fortune Global 500 list.
- BP ranks 8 th in the world according to the Forbes Magazine.
Subsidiaries
BP is divided into three main business segments:- Exploration and Production
- Refining and Marketing
- Gas, Power and Renewables .
Recent Merger and Acquisition
BP's historical mergers and acquisitions:- Amoco
- ARCO
- Burmah Castrol
- BP/E.ON
- TNK-BP
- VASTAR
- Veba Oil
Headquarter Address
BP plc.
1 St James's Square
London
SW1Y 4PD
Tel +44 (0)20 7496 4000
Website URL: www.bp.com
