Related topics: gulf of mexico ยท oil spills

Dolphins in 'bad shape' after BP oil spill

Bottlenose dolphins with missing teeth, lung disease, and abnormal hormone levels were found swimming in the Gulf of Mexico a year after the BP oil spill, US researchers say.

Global energy demand to soar one third by 2040: BP

Global energy demand will surge by a third over the next two decades on advancing prosperity, but Indian demand growth will eclipse that of flagging giant China, Britain's BP forecast Thursday.

US beaches laden with sewage, bacteria: study

US beaches can be dirty places, making about 3.5 million people sick each year from sewage in the water, said an annual study Wednesday that rates American beaches by how dirty they are.

Learning lessons from BP oil spill

In an attempt to limit the harm of the Deepwater Horizon oil spill in the Gulf of Mexico in 2010, three million liters of dispersant were used to dissipate the oil. "The question is whether that was the best approach," said ...

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BP

BP p.l.c. (LSE: BP, NYSE: BP) is a global oil and gas company headquartered in London, United Kingdom. It is the third-largest energy company and fourth-largest company in the world measured by revenues and one of the six oil and gas "supermajors". It is vertically-integrated and is active in every area of the oil and gas industry, including exploration and production, refining, distribution and marketing, petrochemicals, power generation and trading. It also has major renewable energy activities, including in biofuels, hydrogen, solar and wind power.

BP has operations in over 80 countries, produces around 3.8 million barrels of oil equivalent per day and has 22,400 service stations worldwide. Its largest division is BP America, which is the biggest producer of oil and gas in the United States and is headquartered in Houston, Texas. As at 31 December 2010 BP had total proven commercial reserves of 18.07 billion barrels of oil equivalent. The name "BP" derives from the initials of one of the company's former legal names, British Petroleum.

BP's track record of corporate social responsibility has been mixed. The company has been involved in a number of major environmental and safety incidents and received criticism for its political influence. However, in 1997 it became the first major oil company to publicly acknowledge the need to take steps against climate change, and in that year established a company-wide target to reduce its emissions of greenhouse gases. BP currently invests over $1 billion per year in the development of renewable energy sources, and has committed to spend $8 billion on renewables in the 2005 to 2015 period.

BP's primary listing is on the London Stock Exchange and it is a constituent of the FTSE 100 Index. It has a secondary listing on the New York Stock Exchange.

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