BP in brief

We are BP

BP p.l.c. (BP) is one of the world’s leading international oil and gas companies, based in London, UK listed in London(£), in NYSE($) and in Frankfort Stock Exchanges(€)

BP is providing its customers with fuel for transportation, energy for heat and light, retail services and petrochemicals products for everyday items.

BP is operating upstream, midstream and downstream.

Upstream is the dominant activity of BP.

BP use sophisticated technologies and tried-and-true techniques to explore and develop oil and gas reserves.

Extracting oil and gas, BP builds offshore platforms strong enough to produce oil and gas during years in most extreme conditions and harsh climate or underwater environment.

Over the decades-long lifespan of most production facilities, BP researches and develops new technologies to dig deeper and to extract more from recoverable Resources.

Midstream, BP builds and operates pipelines and a fleet of large tankers and ships to transport oil and gas across the world.

Downstream, BP refines and processes crude oil into usable products, including high-quality gasoline and the chemicals used in everyday items

BP also distributes and sells transportation fuels and lubricants through thousands retailers and service stations, ports and airports around the world.

Renewable energies is also an area where BP is active.

BP Alternative Energy is investing in new ways of providing energy – from innovative new solar and wind businesses to advanced biofuels and clean energy technologies such as the carbon capture and storage (CCS) from traditional fossil fuels.

Beside BP , the company uses several other brands for specific products and services or locally:

– Ampm

– Aral

– Arco

– Castrol

– Wild Bean Cafe

BP Key Figures

– 2011 Revenues:$486,4 billion

– 2010 Revenues:$383,2 billion

– 2009 Revenues:$310,5 billion

– 2011 Earnings:$41 billion

– 2010 Earnings:$30,46 billion

– 2009 Earnings:$19,2 billion

– 2011 Capital Expenditure:$36,7 billion

– 2010 Capital Expenditure:$32,2 billion

BP Projects and Business Highlights

BP was severely hurt by the Gulf of Mexico incident, losing up to 30% of its value.

All the lessons learnt from Gulf of Mexico may not be all drawn up yet, but since the incident all the companies and countries having offshore operations are working on them to improve safety, environment protection and good operating practices.

Beside all the financial and legal aspects which may take years for conclusions, BP created the program Gulf of Mexico restoration, by which BP intents to be best in class on measuring the impacts and implement as many restoration projects.

This program is of course unique in an oil and gas company, but BP tries to use it as a major source of experiments for the development of preventive solutions and new technologies associated to the offshore exploration and production.

Regarding the conventional activity, BP’s most important projects are: