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BP plc

Company Detail

Description

UK oil firm BP plc focuses on exploration, production, transportation, refining, storage, distribution and marketing of crude oil, gas, and petroleum products, including petrochemicals, natural gas, LPG, gasoline, kerosene, diesel, additives, lubricants, and ethanol. The London-based group also participates in energy generation, and renewable energy and biofuels production. BP has exploration and production operations worldwide, with presence in more than 70 countries, an installed capacity of 3.3Mboe/d and total proven reserves of 17.2Bboe as of the end of December 2015. Founded in 1908, the company change its name to the current one in 1954 and is active in Latin America and the Caribbean through its Castrol brand.

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