BP plc

Formed from the merger of British Petroleum and Amoco, BP Amoco is the world's #3 integrated oil company (Exxon Mobil is #1). It has grown further by buying Atlantic Richfield Company (ARCO). The new BP Amoco has proved reserves of 19.3 billion barrels of oil equivalent, including large holdings in Alaska and the North Sea. BP Amoco operates 29,000 gas stations worldwide. It is the largest US oil and gas producer. Also a top refiner (3.2 million barrels of oil per day capacity) and petrochemicals and specialty chemicals manufacturer, it has expanded by buying motor-oil maker Burmah Castrol.
Address: Britannic House
1 Finsbury Circus
London, EC2M 7BA
United Kingdom
Contact: 44 20 7496 4000
44 20 7496 4630
www.bp.com


Recent Articles

BP Restores Power At Thunder Horse Platform After Outage
Wednesday, September 20, 2017 BP restores power at its Thunder Horse platform in the US Gulf of Mexico.
BP's Thunder Horse Platform Shut Temporarily On Power Issue
Tuesday, September 19, 2017 BP halts production at its Thunder Horse platform in the US Gulf of Mexico following a power outage.
Big Oil Becomes Greener With Progress in Cutting Pollution
Monday, September 18, 2017 It's no secret that oil majors are among the biggest corporate emitters of pollution.
BP Files For IPO Of US Midwest, Gulf Coast Pipeline Assets
Monday, September 11, 2017 BP files for an initial public offering of its US Midwest and Gulf Coast pipeline assets.
Azerbaijan's SOCAR To Boost Its Share In New Deal With BP On Oil Fields
Friday, September 08, 2017 SOCAR is expected to increase its share in a new production sharing agreement with oil major BP for development of the country's biggest oilfields, two industry sources say.
BP, Reliance Close in on India Gas Field Near Missile Test Site
Thursday, September 07, 2017 Reliance Industries and its partner BP are reviving investment plans for a gas block close to a military missile launching facility in the Bay of Bengal.
Big Oil Says It Still Loves North Sea Despite Asset Sales
Wednesday, September 06, 2017 Europe's biggest energy companies have a message for the aging UK North Sea oil industry: We may be selling assets, but that doesn't mean we're heading for the exit.
Brazil Regulator Rejects Total Study On Drilling At Amazon River Basin
Tuesday, August 29, 2017 Brazil's environmental regulator Ibama says it has rejected Total's environmental study on drilling in the Foz do Amazonas basin.
From a Little-Known Shale Play in New Mexico, BP Gets a Gusher
Monday, August 07, 2017 BP may have just found a gem in a largely ignored corner of New Mexico.
Big Oil Seen Vulnerable to Fresh Slump Despite Growth at $50
Wednesday, August 02, 2017 Europe's oil industry is once again generating cash even as crude languishes at half the price of three years ago.
BP's West Africa Partner Kosmos To List In London By End-September
Wednesday, August 02, 2017 Kosmos Energy will list on the London Stock Exchange by the end of September in a bid to attract more European investors.
BP Production Growth Boost Shares Despite Profit Drop
Tuesday, August 01, 2017 BP's 2Q profit dipped but beat forecasts after an exploration write-off in Angola.
BP Sees Oil Prices Below $55 A Barrel In 2018
Tuesday, August 01, 2017 BP expects global oil prices to hold within a range of $45-$55 a barrel next year as US shale production grows.
Big Oil Sees Salvation in Gas, But What If It's a Wrong Bet?
Tuesday, July 18, 2017 The trends that are undercutting optimism about the global gas outlook are already playing out in Europe.
Total, BP Unit, YPF Boost Investment in Argentina's Vaca Muerta
Tuesday, July 18, 2017 The investment is the largest specific project announcement since March in Vaca Muerta, one of the world's largest shale formations.
BP Says It Is Considering IPO of US Pipeline Assets
Tuesday, July 18, 2017 BP is considering spinning off certain US pipeline assets in the US Gulf and Midwest in an initial public offering, the company said Tuesday.
Mexico Delays Next Oil Auction to Let Huge New Find Sink In
Monday, July 17, 2017 "International and national interest is awakening," said Mexico's chief oil regulator.
Egypt Sets Sights on Doubling Natural Gas Output by 2020
Monday, July 17, 2017 Egypt's natural gas production rose to about 5.1 billion cubic feet per day in 2017 from 4.4 billion cubic feet in 2016.
Big Oil Just Woke Up to Threat of Rising Electric Car Demand
Friday, July 14, 2017 The world's biggest oil producers are starting to take electric vehicles seriously as a long-term threat.
India Wants $300 Billion in Oil Spending to Meet Growing Demand
Wednesday, July 12, 2017 India needs investments to boost the production of natural gas and crude oil, and to refine, transport and distribute the fuel to households, Oil Minister Dharmendra Pradhan said.