BP at a glance
BP is one of the world's leading integrated oil and gas companies. We provide customers with fuel for transportation, energy for heat and light, lubricants to keep engines moving, and the petrochemicals products used to make everyday items as diverse as paints, clothes and packaging
Key facts
Countries of operation |
More than 70 |
Number of employees |
79,800 |
Economic value generated by BP (a) |
$227.9 billion |
Replacement cost loss (b) |
$(5.2) billion |
Barrels of oil equivalent produced per day (c) |
3.3 million |
Proved reserves (d) |
17,180 million barrels of oil equivalent |
New exploration access |
8,000 square kilometres |
Retail sites (e) |
Approximately 17,200 |
Refinery throughputs per day |
1.7 million barrels |
Petrochemicals produced |
14.8 million tonnes |
As at, or for the year ended, 31 December 2015, see footnotes below.
Our company
Through our two main operating segments, Upstream and Downstream, we find, develop and produce essential sources of energy, turning them into products that people need. Our projects and operations help to generate employment, investment and tax revenues in countries and communities across the world.
What we do
We aim to create value across the hydrocarbon value chain. This starts with exploration and ends with the supply of energy and other products fundamental to everyday life.
Delivering value over volume
We are pursuing our strategy by setting clear priorities, actively managing a quality portfolio and employing our distinctive capabilities.
Leadership team
View profiles of BP board members led by Carl-Henric Svanberg, chairman, and the executive team headed by Bob Dudley, group chief executive.
Our people
Our people are talented in a wide range of disciplines and our approach to professional development programmes and training helps build individual capabilities. We have a bias towards building capability within the organization, complimented by selective external recruitment where necessary.
Our values
Our values of safety, respect, excellence, courage and one team align explicitly with BP's code of conduct and translate into the responsible actions necessary for the work we do every day. Our values represent the qualities and actions we wish to see in BP, they guide the way we do business and the decisions we make.
Our brands
Each of our brands has its own heritage and personality, but they all have one thing in common - they all symbolize, embody or provide tremendous energy.
Sustainability
We believe that the best way for BP to achieve sustainable success as a company is to act in the long-term interests of our shareholders, our partners and society. We strive to be a world-class operator, a responsible corporate citizen and a good employer.
Technology
We develop and deploy technologies that we expect will make the greatest impact on our business. From enhancing the safety and reliability of our operations to creating competitive advantage in energy discovery, recovery, efficiency and products.
Energy economics
The BP Energy Outlook 2035 contains our projections of future energy trends, based on our views of likely economic and population growth and developments in policy and technology. This builds on our annual Statistical Review of World Energy.
Key reports
Our key reports include information about our financial and operating performance, sustainability performance and also global energy trends and projections.
Footnotes
a. This includes revenue plus interest and dividend receipts and proceeds from divestments. b. Attributable to BP shareholders. c. Includes BP’s share of Rosneft. d. Includes our interest in equity-accounted entities. e. Excludes our interest in equity-accounted entities that are dual-branded.