British Petroleum
British Petroleum
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moreFounded in 1909 and headquartered in London, United Kingdom, the company operates through several key business categories. Its upstream segment is concentrated on the exploration and production of oil and natural gas. The downstream segment takes care of the refining, marketing, and distribution of oil products. Additionally, there is a strategic investment in the Russian oil company Rosneft. The company also maintains a variety of other businesses and corporate interests, including alternative energy ventures, shipping, and treasury functions. The company’s portfolio includes prominent brands such as BP, its main global brand; Castrol, known for lubricants; Aral, which operates service stations in Germany; Amoco, a brand for certain service stations in the United States; and Wild Bean Café, a café and convenience store concept. Its products and services are sold across the globe with a significant presence in multiple countries. Among the most important markets are the United States, United Kingdom, Germany, Russia, Australia, Brazil, China, and India. The company’s reach extends well beyond these nations, selling products and services in many other countries around the world. (Powered by AI)
To ensure strong institutions and the well-being of society, governments spend a considerable amount of the state's budget on public goods and services, which are funded by taxes paid by individuals and corporations1. Corporate taxes accounted for...
Globally, in the past five decades, nearly 5.86 million (Mn) tonnes (t) of oil (6.7 Mn m3) has been spilled due to various incidents across the globe1;p11. Oil spills render the area uninhabitable for wildlife and even disturb their physiological ...