BP p.l.c.
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About
BP p.l.c. is one of the world's largest integrated oil and gas companies, engaged in exploration, production, refining, distribution, and marketing of petroleum products, as well as renewable energy and low-carbon initiatives. The company operates across all segments of the oil and gas value chain including upstream exploration and production, downstream refining and marketing, and growing investments in renewables including offshore wind, biofuels, and EV charging. Founded in 1909 as the Anglo-Persian Oil Company, BP has evolved into a global energy major with operations in approximately 80 countries. Headquartered in London, England, BP owns major oil and gas assets globally, thousands of retail service stations under the BP and Amoco brands, and petrochemical operations. The company faced the catastrophic 2010 Deepwater Horizon oil spill in the Gulf of Mexico, resulting in massive liabilities, settlements, and reputation damage. BP has committed to transforming into an integrated energy company, investing in renewables and reducing oil and gas production, though execution challenges remain significant. The company continues to generate substantial cash flows from traditional operations while navigating energy transition pressures and investor expectations.