BP plc (formerly The British Petroleum Company plc and BP Amoco plc) is a multinational oil and gas company headquartered in London, United Kingdom. It is one of the world’s seven oil and gas “supermajors”, whose performance in 2012, made it the world’s sixth-largest oil and gas company, the sixth-largest energy company by market capitalization and the company with the world’s 12th-largest revenue (turnover).
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, wind power, smart grid and solar technology.
As of 31 December 2018, BP had operations in nearly 80 countries worldwide, produced around 3.7 million barrels per day (590,000 m3/d) of oil equivalent, and had total proven reserves of 19.945 billion barrels (3.1710×109 m3) of oil equivalent.
The company has around 18,700 service stations worldwide. 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.
Type: Public limited company
Traded as
- LSE: BP
- FWB: BPE
- NYSE: BP
- FTSE 100 Component
Industry: Oil and gas
Predecessors:
- Anglo-Persian Oil Company
- Castrol
- Standard Oil of Ohio
- ARCO
- Amoco
Founded: 14 April 1909; 111 years ago
Founder: William Knox D’Arcy
Headquarters: London, England, UK
Area served: Worldwide
Products: Petroleum, Natural gas, Motor fuels, Aviation fuels, Petrochemicals
Services: Service stations
Subsidiaries: Amoco; Castrol
Website: www.bp.com