BP plc, formerly British Petroleum, is a British multinational oil and gas company that owns an interest in OJSC Oil Company Rosneft (Rosneft), an oil and gas company. The Company's segments include Upstream, Downstream, Rosneft, and Other businesses and corporate.

BP 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 and wind power.

BP was founded in May 1908 (as Anglo-Persian Oil Company) on 14 April 1909 it's changed name to  The British Petroleum Company P.L.C, latter in 31 December 1998 it became BP Amoco P.L.C. and on 1 May 2001 the company changed their name to BP P.L.C. The company is headquartered in London, England.

As of 31 December 2017, BP had operations in 70 countries worldwide, produced around 3.6 million barrels per day (570,000 m3/d) of oil equivalent, and had total proved reserves of 18.441 billion barrels (2.9319×109 m3) of oil equivalent. The company has around 18,300 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.

British Petroleum acquired majority control of Standard Oil of Ohio in 1978. Formerly majority state-owned, the British government privatised the company in stages between 1979 and 1987. British Petroleum merged with Amoco in 1998, becoming BP Amoco plc, and acquired ARCO and Burmah Castrol in 2000, becoming BP plc in 2001. From 2003 to 2013, BP was a partner in the TNK-BP joint venture in Russia.British Petroleum acquired majority control of Standard Oil of Ohio in 1978. Formerly majority state-owned, the British government privatised the company in stages between 1979 and 1987. British Petroleum merged with Amoco in 1998, becoming BP Amoco plc, and acquired ARCO and Burmah Castrol in 2000, becoming BP plc in 2001. 

 

BP is the world's eighth-largest oil and gas company by revenue ($222.8 B). 

 

BP was ranked #12 on the 2017 Fortune 500 list.

 

 

  • Year founded: May 1908
  • Funding Info: BP has acquired 7 companies as well as made over 25 investments to date.
  • Yearly Revenue: $296.875B (2018)
  • Employee Size: 10,001+
  • Business Valuation: Total Assets: $282.94B as of Sept. 30, 2018- Mkt Cap: 105.21B (GBX) as of Jan 19, 2019
  • City/Town: London
  • State: England
  • Country: United Kingdom
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