BP

BP  is a Winner of the 2016/2017 Global Sustainable Development Award and Accredited as a Global 500 Sustainable Development Agencies of the year 2016/2017 in appreciation of its contribution towards social-economic development of the World through provision of customers around the world 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 but above all the company has committed its self to promote and uphold International best practices like respect for rights of workers, anti-corruption,environmental protection,payment of taxes,etc. Awarded and Accredited by Public Opinions International (Uganda-East Africa).  

Public Opinions International is a Partner and Member of International Organisation for Educational Development (IOED) which is is in  Consultative Status from the UN ECOSOC.

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. Through its main two operating segments, Upstream and Downstream,  find, develop and produce essential sources of energy, turning them into products that people need. Its projects and operations help to generate employment, investment and tax revenues in countries and communities across the world.

BP's history is full of discoveries, starting in 1908 with oil found in a rugged part of Persia after a long and difficult search. Since then, discoveries large and small have fuelled our progress. Where did they find the energy?

We aim to create value for our investors and benefits for the communities and societies where we operate

We are pursuing our strategy by setting clear priorities, actively managing a quality portfolio and employing our distinctive capabilities. We prioritize value over volume by actively managing a high-value upstream and downstream portfolio. We aim to create share-holder value by growing sustainable free cash flow and distributions over the long term.

Clear priorities

First, we aim to run safe, reliable and compliant operations – leading to better operational efficiency and safety performance. We target competitive project execution to deliver projects as efficiently as possible. Making disciplined financial choices focused on capital and cost discipline allows us to maximize free cash flow and increase the resilience of our portfolio to changing price environments.

Quality portfolio

We undertake active portfolio management to concentrate on areas where we can play to our strengths. We focus on high-value upstream assets in deep water, giant fields, selected gas value chains and unconventionals. And, in our downstream businesses, we plan to leverage our upgraded assets, customer relationships, brand and technology to continue to grow free cash flow. Our portfolio of projects and operations is focused where we believe we can generate the most value, using our commercial agility and technical capability. This allows us to build a strong pipeline of future growth.

Distinctive capabilities

Our ability to deliver against our priorities and build the right portfolio depends on our distinctive capabilities. We apply advanced technology across the hydrocarbon value chain, from finding resources to developing energy-efficient and high-performance products for customers. We work to develop and maintain strong relationships – with governments, partners, civil society and others – to enhance our operations in more than 70 countries across the globe. And the proven expertise of our employees comes to the fore in a wide range of disciplines.

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

 

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 Awarded and Accredited by;

Public Opinions International

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