History
The origin of BP dates back to May 1901. The Anglo-Persian Oil Company, as BP was first known, was formed in 1909. It was renamed The British Petroleum Company in 1954. Over the years, BP 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 On the road:
- Fuels and Stations
- Fuel Cards
- Motor Oil and Lubricants
- Route Planner
- Station Locator
- Targetneutral
For the Home:
- Liquefied Petroleum Gas (LPG)
- Solar
For Business:
- 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
- BP
- ampm
- Aral
- ARCO
- Castrol
- Wild Bean Cafe
Key Statistics
- Assets of $206.91 billion
- Profits of $22.63 billion in 2006
- Operations in 100 countries in Europe, North and South America, Australasia and Africa
- 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
- 4th in the world in Fortune Global 500 list
- 8th in the world according to 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
