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Topic: British Petroleum

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In the News (Tue 21 May 19)

  BP - Wikipedia, the free encyclopedia
BP (formerly "British Petroleum" and briefly known as "BP Amoco") LSE: BP, NYSE: BP is a petroleum company headquartered in London, and one of the top four oil companies in the world (along with Shell, ExxonMobil, and Total).
British Petroleum merged with Amoco (Formerly Standard Oil of Indiana), in December 1998, becoming BPAmoco until 2002, when it was renamed BP, with no meaning given to the letters.
Its new slogan, "Beyond Petroleum", was accompanied by the rebranding of its famous "Green Shield" logo in favour of the helios symbol (a green and yellow sunburst) to emphasise the company's focus on environmentally friendly fuels and alternative energy.
en.wikipedia.org /wiki/British_Petroleum   (1407 words)

 Encyclopedia: British Petroleum   (Site not responding. Last check: 2007-11-07)
BPAmoco was formed in December 1998 by what was officially described as the merger of British Petroleum and Amoco to avoid competition issues.
Under his chairmanship British Petroleum led the oil industry away from an era dominated by vertical integration and the supply planning this required toward a corporate culture that emphasized trading and decentralization (Daniel Yergin, The Prize [Simon and Schuster, 1991], pp.
In 2000, British Petroleum acquired Arco (Atlantic Richfield Co.) and Burmah Castrol plc.
www.nationmaster.com /encyclopedia/British-Petroleum   (976 words)

 British Petroleum
The problem was, that British Petroleum was singularly incapable of transferring knowledge across its various internal units or using its expertise and its human and physical assets.
John Browne, CEO of British Petroleum, was the necessary ingredient to ensure that British Petroleum closed the knowing-doing gap.
British Petroleum took a number of actions to ensure that knowledge and experience would be captured and transferred within the company.
academic.emporia.edu /smithwil/00spmg456/groups/bp.html   (1036 words)

 British Petroleum lecture: 5/21/97
Research by British Petroleum estimates that only a small fraction of the world's carbon dioxide today comes from activities of human beings.
He pledged to increase support of scientific work "on the consequences of what appears to be happening, and on the effectiveness of the various actions which can be taken," and to transfer technology and pursue joint implementation to reduce the net emission of greenhouse gases.
British Petroleum is also developing new solar power alternatives to supplement the use of oil and gas.
www.stanford.edu /dept/news/report/news/1997/may21/bp.html   (458 words)

 British Petroleum: Definition and Links by Encyclopedian.com - All about British Petroleum   (Site not responding. Last check: 2007-11-07)
British Petroleum Company PLC or BP PLC (since April 2000) is an oil exploration, extraction, refining and sales company.
Following its merger with Amoco it is the largest company in Britain and the third-largest oil company in the world.
The AIOC became The British Petroleum Company in 1954, and briefly resumed operations in Iran with a forty percent share in an new international consortium.
www.encyclopedian.com /bp/BP.html   (553 words)

 British Petroleum "buy" | newratings.com   (Site not responding. Last check: 2007-11-07)
British Petroleum continues to work towards reducing its capex levels, increasing its cash returns by 2% by 2006, the analysts say.
British Petroleum has undertaken the restructuring of its portfolio, with investments planned in areas in which it has a leadership position and technical advantage.
British Petroleum has already announced divestments to the tune of $2 billion so far this year, the analysts add.
www.newratings.com /analyst_news/article_402611.html   (357 words)

 British Petroleum and Global Oil, 1950-1975: The Challenge of Nationalism
The series of measures to nationalize the assets of international oil companies that Gaddafi sparked off in his own and other countries led on to the OPEC crisis of the early 1970s, when oil prices were dramatically increased and production reduced for a time.
British Petroleum and Global Oil, volume three of a series on the history of BP, describes that transformation.
British Petroleum and Global Oil is business history at its best, weaving together the twin themes of the global expansion of the one company and the international politics of oil with great dexterity.
www.eh.net /bookreviews/library/0456.shtml   (808 words)

 Canadian Association of Petroleum Producers - British Columbia   (Site not responding. Last check: 2007-11-07)
Although British Columbia is Canada’s fourth largest crude oil producer at 60,000 barrels per day, provincial crude consumption exceeds its production, requiring the province to import crude oil to meet its needs.
British Columbia's Oil and Natural Gas Industry, a CAPP backgrounder, demonstrates how the industry is contributing to the province’s economy.
Industry activity in British Columbia is higher than ever before, tapping into the province’s relatively under-explored basins and emerging resources such as tight gas and natural gas from coal.
www.capp.ca /default.asp?V_DOC_ID=713   (390 words)

 British Petroleum Company - CMP
Petroleum terminals are facilities that provide temporary storage of gasoline and other light petroleum products received from a pipeline or marine vessel, and the redelivery of such products from storage tanks into tank trucks or transport trailers for ultimate delivery to retail gasoline stations or other buyers.
The terminaling of gasoline and other light petroleum products in each terminaling market is either moderately concentrated or highly concentrated, and would become significantly more concentrated as a result of the merger.
Entry into the terminaling of gasoline and other light petroleum products in each terminaling market is difficult and would not be timely, likely, or sufficient to prevent anticompetitive effects that may result from this merger.
www.ftc.gov /os/1998/12/complainbp.htm   (757 words)

 Colombia Oil
In April of 1992, Occidental Petroleum signed a contract with the Colombian government for oil exploration on the U'wa's traditional territory.
Occidental Petroleum, as well as other multinational oil companies, have faced and will continue to face obstacles not only by native indian tribes but by the guerrilla forces who continuously bomb oil pipelines as a form of protest against the excessive penetration of foreign developers in Colombia.
British Petroleum, another multinational oil giant which is operating in the Casanare region of the country, has been linked to the training and arming of Colombian military units that have been tied to massacres and other serious human rights violations.
www.american.edu /TED/colspill.htm   (2188 words)

 Human Rights Concerns Raised By The Security Arrangements Of Transnational Oil Companies (April 1998)- Letter To The ...
Our research has raised concerns that British Petroleum, as operator of the associational contracts exploiting the Cusiana-Cupiagua fields, has not taken adequate measures to address human rights violations allegedly committed by forces protecting the company’s interests and to prevent their recurrence.
British Petroleum should dedicate a task force of employees to further screen this list.
British Petroleum, “Response to Allegations Against BP in Colombia,” (company document) January 1997.
www.hrw.org /advocacy/corporations/colombia/Oilpat-01.htm   (3196 words)

 Overthrowing the government of Iran
The British priority was to support political 'stability' in the country, in effect by aiding Iranian parliamentarians and Prime Ministers 'to preserve the existing social order from which they profit so greatly' (9) - as did, it might be added, British oil interests.
The origin of British planning to aid the overthrow of Musaddiq lay in his decision to nationalise oil operations in Iran, which was passed into law in May 1951, the month after he became Prime Minister.
Thus the British understanding, outlined in 1951, that the Shah 'does not sufficiently check the members of his family and their entourage from interference in politics and their profitable incursions into business' and that 'the chief complaint of his political critics [is] that he wishes to monopolise power for himself', became a harsh reality.
www.lobster-magazine.co.uk /articles/l30iran.htm   (4111 words)

 Lubrizol may buy out British Petroleum unit
MUMBAI, June 29: Lubrizol Corporation of the US is believed to be close to acquiring British Petroleum's additives division worldwide.
British Petroleum has a tieup with the Tatas in the lubes segment.
According to the recent report of the ministry of petroleum and natural gas, the company is negotiating for a new technology transfer agreement with the collaborators.
www.expressindia.com /fe/daily/19980630/18155084.html   (456 words)

 British Petroleum "overweight," fair value raised | newratings.com   (Site not responding. Last check: 2007-11-07)
Shares of British Petroleum, a leading global integrated oil & gas company, are currently trading at 485p.
British Petroleum’s prospective sale of its low-profit Olefins & Derivatives chemicals businesses is expected to boost the company’s earnings and cash flow levels, JP Morgan mentions.
British Petroleum’s stock valuation is expected to increase in the future in view of the company’s free cash flow levels, high prospective returns and potential upstream value creation, JP Morgan adds.
www.newratings.com /new2/beta/article_415046.html   (330 words)

 Monthly Chronology
British Petroleum asks Colombian President Ernesto Samper to beef up security near the Cusiana field, the country's largest (with estimated reserves of 1.6 billion barrels of crude oil).
April 21 Occidental Petroleum reports that Colombia's main oil pipeline (Cano Limon-Covenas) was bombed 21 times in the first quarter of 1997 (compared with a total of 45 attacks in all of 1996) and that the leftist National Liberation Army (ELN) is growing increasingly active in the region near its operations.
Tosco bought the refinery in 1995 from British Petroleum, and shut it down in January 1996 after failing to reach an agreement with union workers over a new labor contract.
www.eia.doe.gov /emeu/cabs/chrn1997.html   (20839 words)

 British Petroleum Canada - Wikipedia, the free encyclopedia
BP Canada began operations in 1948 and for many years was in retail operations until Petro Canada emerged in 1975.
BP Canada was created over the years from merger and spin-offs of number of companies:
Today BP operates as producer of natural gas and has operations in Alberta, British Columbia, East Coast and in the North.
en.wikipedia.org /wiki/British_Petroleum_Canada   (99 words)

 FlyingFish - Salman Rushdie, British Petroleum (BP Amoco) & Iran
The British are unreliable elements as always… The British who are the fathers of Americans should be termed Satan's fathers… and in confronting Satan, one should never do away with caution.
The British government had dropped several of its previous demands, by settling for a verbal rather than written statement from Iran and by waiving the requirement that the bounty be annulled.
From the 18th century, the British exerted a good deal of effort towards having a commercial, diplomatic and military presence in the region of Persia and the Persian Gulf, viewing it as a major bulwark against feared Russian expansion or French invasion of India.
www.flyingfish.org.uk /articles/rushdie/price.htm   (6756 words)

 United Kingdom Country Analysis Brief   (Site not responding. Last check: 2007-11-07)
The UK is the largest producer of petroleum and natural gas in the EU.
The UK has been a net exporter of crude oil since 1981; according to the British Department of Trade and Industry (DTI), the largest destinations of crude oil exports in 2003 were the United States (31 percent), the Netherlands (26 percent), France (16 percent), and Germany (14 percent).
The largest power producer in the country is British Energy (BE), which controls most of the nuclear power capacity and generates about 20 percent of the total electricity supply.
www.eia.doe.gov /emeu/cabs/uk.html   (5040 words)

 CorpWatch : BP: Beyond Petroleum or Beyond Preposterous?
British Petroleum's recent ad campaign with the theme of "Beyond Petroleum," led us to think about more appropriate phrases for the company's re-branding: British Petroleum: Beyond Pompous, Beyond Protest, Beyond Pretension, Beyond Preposterous, Beyond Platitudes, Beyond Posturing, Beyond Presumptuous, Beyond Propaganda...
BP says Beyond Petroleum means "being a global leader in producing the cleanest burning fossil fuel: Natural Gas." It's true that natural gas is not petroleum, but is it true that gas is a radical improvement over oil for our climate?
That challenge is what is meant by "moving beyond petroleum" when used by environmental groups.
www.corpwatch.org /article.php?id=219   (667 words)

 GrandPrix.com > News > Battling over British Petroleum
Williams, which is sponsored by BP subsidiary Castrol, is in the running for a deal but there are problems to be overcome as BMW bought the styling rights to the Williams and want to retain the blue and white image of the team.
The team however is very British and if this problem can be overcome (perhaps with a first-fill agreement between BP and BMW) the deal could go ahead.
The British racing green team is perfect for BP and there could easily be a first-fill agreement between BP and the Ford Motor Company's Premier Automotive Group (including Jaguar, Volvo and Aston Martin) to help make the deal happen.
www.grandprix.com /ns/ns04266.html   (455 words)

 SAIC: System Integration: Case Studies: British Petroleum   (Site not responding. Last check: 2007-11-07)
SAIC was to provide global integrated service delivery, reduce costs and deliver value-added projects in a variety of petroleum service and IT areas.
In 1992 when British Petroleum was looking to outsource its IT operations, few global corporations were prepared to make the changes BP's CIO John Cross envisioned.
British Petroleum Exploration (BPX) recognized that outsourcing its information systems would save money and allow staff to focus on core business activities like oil exploration.
www.saic.com /integration/bp.html   (826 words)

 British Petroleum
I became further shocked when one of the sons of the British military attaché quite composedly explained that, yes it was true, and that he was now going to take revenge by shooting down and breaking all of Bundy's fighter-planes for destroying English property.
In the early fifties, when I was a student in America, Mossadegh came to the United States to defend Iran's case against the British at the United Nations.
In Morocco, a highly depressed Shah told me explicitly that it was "the combined wrath and conspiracy of Americans, the British, the major oil cartels and in particular one lousy company which were at the root cause of Iran's chaos and his exile." They "doomed me" he said.
users.sedona.net /~sepa/bp.html   (1730 words)

 Chronology of World Oil Market Events 1970 - 2003   (Site not responding. Last check: 2007-11-07)
Foreign oil companies such as Amoco and British Petroleum are expected to sign final deals with state-owned PdVSA within 10 days and may begin working on their new acreage by the third quarter of 1996.
ExxonMobil and Qatar Petroleum sign a letter of intent for a natural gas to liquids (GTL) project that would be the largest in the world.
Phillips Petroleum and Conoco agree to merge into a new company to be called ConocoPhillips, which would be the third-largest oil and natural gas company in the United States, and the sixth-largest in the world, in terms of production.
www.eia.doe.gov /emeu/cabs/chron.html   (17914 words)

 HRW World Report 1999: Special Programs and Campaigns - Corporations and Human Rights
A consortium composed of Occidental Petroleum, Royal Dutch/Shell, and the national oil company, ECOPETROL, which operates the Caño-Limón oil field in Arauca department, took no action to address reports of extrajudicial executions and a massacre committed by the state forces assigned to protect the consortium’s facilities.
In Casanare department, the location of the Cusiana-Cupiagua oil fields developed by British Petroleum, ECOPETROL, Total, and Triton, contracts came up for renewal in June, as military, paramilitary, guerrilla, and criminal activity increased in the area.
British Petroleum adopted an approach similar to Shell’s: the company revamped its business principles to include explicit references to human rights and released a social audit to highlight its human rights policies.
www.hrw.org /hrw/worldreport99/special/corporations.html   (2360 words)

 Great Power Conflict over Iraqi Oil: the World War I Era - Global Policy Forum - UN Security Council
Sir Maurice Hankey, powerful Secretary of the British War Cabinet, wrote to Foreign Secretary Arthur Balfour during the war’s final stage, to argue that oil had become absolutely vital to Britain and that oil resources in Mesopotamia would be crucial in the future.
Unfortunately for the British, they had ceded much of the oil-producing area in northern Iraq to their French ally in the secret Sykes-Picot Accord of early 1916, carving up the soon-to-be defeated Ottoman Empire.
British diplomacy and military plans changed course to recoup what had already been given away.
www.globalpolicy.org /security/oil/2002/1000history.htm   (1165 words)

 McSpotlight on the Oil Industry
The fact that petrol is derived from crude oil, a non-renewable fossil fuel, means that the petroleum industry has considerable enviromental impact.
Shell Oil asked the British government for permission to dump Brent Spar in a deep water trench and the British government gave them permission to do so (Oil companies operating in the Gulf of Mexico have been required to take their platforms apart and dispose of them on shore).
The petroleum industry is described as the 'one of the world's least ethical industries' in a report by the Ethical Consumer Research Association, but obviously some are 'less bad' than others.
www.mcspotlight.org /beyond/oil.html   (1665 words)

 The Red Line Agreement
Formed in 1914, the Iraq Petroleum Company (originally Turkish Petroleum Co.) brought together interests who for over a decade had been contesting each other for a firm foothold in the Middle East.
Under an agreement adopted at the British Foreign Office on March 19, 1914, the British-Dutch groups accepted a "self-denying clause, stipulating that they "would not be interested, directly or indirectly, in the production or manufacture of crude oil in the Ottoman Empire...
Arguing that the war had been won by all of the allies fighting together, the U.S. companies and their government insisted upon an "open door" policy, specifically that favored treatment not be accorded nationals of any one country, that concessions not be so large as to be exclusive, and that no monopolistic concession be granted.
www.mtholyoke.edu /acad/intrel/Petroleum/redline.htm   (1262 words)

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