BRITISH PETROLEUM



British Petroleum

British Petroleum

BP p.l.c. is the retaining company of one of the world's largest petroleum and petrochemicals groups. Our major activities are investigation and output of crude oil and natural gas; perfecting, trading, provide and transportation; and manufacturing and trading of petrochemicals. We have a growing undertaking in gas and power and in solar power generation. BP has well-established operations in Europe, North and South America, Australasia and Africa.

BP's sources proceed back to May 1901, when a wealthy Englishman, William Knox D'Arcy, got a concession from the Shah of Persia to explore for and exploit the oil resources of the country, omitting the five to the north provinces which bordered Russia. Having been allocated the concession, D'Arcy engaged an engineer, George Reynolds, to undertake the task of discovering for oil in Persia. Severe climate, difficult terrain, the nonattendance of a developed infrastructure, the lack of accomplished localized labour and the difficulties of considering with neighbouring tribes in the nonattendance of a strong centered government -- all conspired to make Reynolds' pioneering task an exceptionally arduous one. Years passed without oil being found out in financial quantities, despite Reynolds' persistence.

Meanwhile, the charges climbed on, stretching D'Arcy's resources to the point where he searched outside financial assistance. This came in 1905 from the Burmah Oil business, which supplied new capital for his venture.

From the early 1970s, BP's centre of gravity has shifted westwards, away from the Middle East where its sources were laid. Having diversified into other industries, the business is now focusing afresh on its centre undertakings in petroleum and chemicals. In 1989, the business launched a crusade to insert a more powerful business identity, boasting a restyled BP shield and an emphasis on the hue green. And in a complementary events that was to verify highly thriving, BP started to re-image its global mesh of service positions in a new design and livery.

At the identical time, in the quest to find new sources of oil and gas, BP's explorers started to focus their skills more and more on the districts of the world that for political or mechanical causes remained somewhat unexplored -- Colombia, the republics of the previous Soviet amalgamation, and the deep water localities of the Gulf of Mexico, for example. And in all its procedures, BP sustained its principle of striving to be an industry leader in health, safety and ecological standards.

To equip itself for the challenges of the 1990s and beyond, the business presented, in a events called task 1990, major alterations in its administration and way of employed to advance effectiveness and flexibility. To help farther in the running of BP, the roles of head person and assembly chief boss were divide in 1992.

Technology is crucial to BP's business strategy. It underpins the seek for oil and gas. It stimulates innovation. Through it the company can make more efficient use of the resources it has already found. It helps to create new chemicals and find new sources of energy, and makes it ...