Category Archives: BP

BP p.l.c. (LSE: BP, NYSE: BP) is a global 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 revenues and one of the six oil and gas “supermajors”. It is vertically-integrated and is active in every area of the oil and gas industry, including exploration and production, refining, distribution and marketing, petrochemicals, power generation and trading. It also has major renewable energy activities, including in biofuels, hydrogen, solar and wind power.

BP has operations in over 80 countries, produces around 3.8 million barrels of oil equivalent per day and has 22,400 service stations worldwide. Its largest division is BP America, which is the biggest producer of oil and gas in the United States and is headquartered in Houston, Texas. As at 31 December 2009 it had total proven commercial reserves of 18.3 billion barrels of oil equivalent. The name “BP” derives from the initials of one of the company’s former legal names, British Petroleum.

BP’s track record of corporate social responsibility has been mixed. The company has been involved in a number of major environmental and safety incidents and received criticism for its political influence. However in 1997 it was the first major oil company to publicly acknowledge the need to take steps against climate change, and in that year established a company-wide target to reduce its emissions of greenhouse gases. BP currently invests over $1 billion per year in the development of renewable energy sources, and has committed to spend $8 billion on renewables in the 2005 to 2015 period.

Its primary listing is on the London Stock Exchange and it is a constituent of the FTSE 100 Index. It has a secondary listing on the New York Stock Exchange.

Gulf of Mexico Oil Spill Blog BP Sued Respiratory Ailments Dizziness Elevated Blood Pressure Rashes Chemical Burns

BP Sued Respiratory Ailments Dizziness Elevated Blood Pressure Rashes Chemical Burns BP, Spill Partners Harmed Oil Cleanup Crews, Lawyers Say (Updates with injuries alleged in second paragraph.) March 30 (Bloomberg) — BP Plc, its drilling partners and 11 contractors who … Continue reading

Rate this:

Posted in BP, Gulf of Mexico Oil Spill, Gulf of Mexico Oil Spill Blog | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Gulf of Mexico Oil Spill Blog BP Back in Gulf

BP Back in Gulf Loren Steffy: BP’s deep Gulf comeback By LOREN STEFFY For all the talk of things returning to normal in the Gulf of Mexico, this isn’t what anyone – except perhaps the folks at BP – had … Continue reading

Rate this:

Posted in BP, BP, Gulf of Mexico Oil Spill | Tagged , , , , , , , , , , , , , , , , | Leave a comment

Gulf of Mexico Oil Spill Blog Noble Energy Fronts for BP in Gulf

Noble Energy Fronts for BP in Gulf U.S. Approves First Deepwater Drilling Permit In Gulf Of Mexico Since BP Oil Spill NEW YORK — The U.S. has approved the first deepwater drilling permit in the Gulf of Mexico since BP’s … Continue reading

Rate this:

Posted in BP, BP, Gulf of Mexico Oil Spill | Tagged , , , , , , , , , , , , , , , , | 1 Comment

Gulf of Mexico Oil Spill Blog BP Spin

BP Spin BP spin doctors pour water on oily spills by LEONIE WOOD THERE are times when words fail, when disasters are so profound or devastating that one’s vocabulary runs dry. That’s not the case at BP, though, the London-based … Continue reading

Rate this:

Posted in BP, BP, Gulf of Mexico Oil Spill | Tagged , , , , , , , , , , , , , , , , | Leave a comment

Gulf of Mexico Oil Spill Blog BP Bonus Payout

BP Bonus Payout BP’s Conn, CFO Grote Get 30% of Bonus After Gulf Spill By Brian Swint and Eduard Gismatullin BP Plc (BP/) awarded directors Iain Conn and Byron Grote 30 percent of their target bonuses following the Gulf of … Continue reading

Rate this:

Posted in BP, BP, Gulf of Mexico Oil Spill | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Gulf of Mexico Oil Spill Blog BP UC Berkeley

BP UC Berkeley BP Deal at UC Berkeley: Corporate Research, Profits and Global Warming On February 1, Robert Birgeneau, Chancellor of the University of California, Berkeley, announced an agreement between BP (formerly British Petroleum) and the University of California at … Continue reading

Rate this:

Posted in Biofuels, BP, BP, Gulf of Mexico Oil Spill | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Gulf of Mexico Oil Spill Blog BP U.K. Assets

BP U.K. Assets BP to Sell Some U.K. Assets By PETER EVANS And BENOIT FAUCON LONDON—BP PLC confirmed Tuesday it will market some oil and gas interests in the U.K. as part of a divestment program to recoup the costs … Continue reading

Rate this:

Posted in BP, BP, Gulf of Mexico Oil Spill | Tagged , , , , , , , , , , , , , , , , | 2 Comments