British Petroleum also referred as BP is one of world’s 7 super major oil & Gas Companies, a British Multinational Company, having headquarters in London, England. As per performance wise British Petroleum, in market capitalization, has been announced world’s “6th Largest Energy Company”. Formerly founded as 1908 - Anglo-Persian Oil Company, 1935-Anglo-Iranian Oil Co., 1954- British Petroleum, 1998- BP Amoco plc, 2001- BP plc. British Petroleum is world’s 5th largest turnover company. This Company is operational in all field of oil & gas industry including refining, exploration & production, petrochemicals, distribution & marketing, trading and power generations. It takes interest in bio fuels and wind power by its renewable energy. As per Dec 15, 2015, British Petroleum has its existence in 70 countries and produces 3.3 million barrels per day (Oil Equivalent).
As per countries it has its operations in Unites States, United Kingdom, Asia, Australia, Caucasus and the Caspian region, Europe (ex. United Kingdom and Ireland), North America (ex. United States), South America and
mainly deals in Oil & Natural Gas & Oil Refining & Marketing and Alternative & Low Carbon Energy. Number of employees of British Petroleum is 79,800. Economic value generated by BP is $227.9 billion. From very starting of foundation of British Petroleum, it has been involved in major environmental & safety incidents like understanding the need of reducing global warming, but in many incidents founded British Petroleum guilty also. Some major incidents of Health & Safety Violations were also noticed under name of British Petroleum as 1965 Sea Gem offshore oil rig disaster, Texas City Refinery explosion and leaks which included 2005 explosion, 2007 toxic substance release and 2010 chemical leak.
