bp is a global energy company with operations in Europe, North and South America, Australasia, Asia and Africa. Founded in 1909, bp aims to reimagine energy for people and the planet. The company operates in almost all areas of the oil and gas industry, including exploration, production, refining, distribution, and marketing. In recent years, bp has made efforts to transition from a purely fossil fuel-based business to a more diversified energy portfolio.
ABOUT BP
bp is an oil giant and one of the world's largest multinational oil and gas companies, operating in more than 60 countries.
The company has committed to a net-zero carbon future by 2050, investing in renewable energy sources like wind and solar power, hydrogen, and bioenergy.
bp was the ninth-largest energy company in the world in terms of revenue as of 2023.
Their top shareholders include Norges Bank, Murray Auchincloss, Pamela Daley, Morgan Stanley, State Street Corporation, and Fisher Asset Management, LLC.
BP SEGMENTS
Upstream.
It engages in the oil and natural gas exploration, field development and production, midstream transportation, storage and processing, and marketing and trade of natural gas, including liquefied natural gas and power, and natural gas liquids.
Downstream.
Refines, manufactures, markets, transports, supplies, and trades crude oil, petroleum, petrochemicals products and related services to wholesale and retail customers.
Rosneft.
The Rosneft segment engages in investment activities.