British Petroleum is an international oil and gas company. The headquarters of British Petroleum is in, United Kingdom, London. BP is the 3rd largest energy company as well as it is the 4th largest oil and gas company in the world. As measured in terms of the company's revenues, it is one of the 6th oil and gas super majors. The company has vertical integration as well as it is active in all areas of the oil as well as of the gas industry. The company also encompass of exploration along with the production, distribution, refining, as well as marketing, power, petrochemicals, generation along with the trading of the products of oil and gas. Other than this, company also has major activities of renewable which includes bio fuels, hydrogen, solar as well as wind power (www.bp.com).
Operations of BP
The Company British Petroleum has over all operations in nearly 80 countries. It produces just about 3.8 million oil barrels per day as well as has 22,400 service stations all across the globe. One of the largest divisions of British Petroleum is in America. This division is the leading producer of oil as well as of gas in the all over United States of America whose headquarter is in Houston, Texas. As per the report generated, on the 31st of December 2010 the company British Petroleum now has total established commercial reserves of up to 18.07 billion barrels of oil. The term “BP” draws from the initials of the name of the company's previous legal name, British Petroleum (www.bp.com).
Products of British Petroleum
The company British Petroleum offers their products and services to both the sectors that is they cater Business to Consumer. However, on the other hand, the company caters Business to Business customers too. The list below mentions the main product range that British Petroleum delivers to their B2C customers:
B2C
1. Liquefied Petroleum Gas (LPG)
2. Motor oil and lubricants
3. Solar powered energy
4. Target Neutral
5. Gas and petrol stations
6. Gas and fuel cards
7. Route and journey planner
8. Gas and petrol station locator (www.bp.com).
The list below mentions the main product range that British Petroleum delivers to their B2B customers:
B2B
1. BP Franchising
2. Aromatics & Acetyls
3. Liquefied Natural Gas (LNG)
4. Marine fuels and lubricants
5. Solar power for your business
6. Natural Gas Liquids (NGL)
7. BP Shipping
8. BP Crudes
9. Liquefied Petroleum Gas (LPG)
10. Air BP
11. Industrial lubricants
12. Gas and fuel cards
13. Gas and power energy
14. Invoice tracking system
15. Asphalt / Bitumen (www.bp.com).
Track Record of BP
The track record of BP encompassing of the corporate social responsibility is diverse. Company involves in a number of main environmental as well as safety incidents. However, on the other hand, the company received criticism due to the political influence. Nonetheless, in the year 1997 it became the 1st vital oil producing company publicly acknowledging the need to take necessary steps against the climatic and environmental change.
In the same year, the company established a wide target in order to reduce ...