BP is one of the world's largest energy companies, providing its customers with fuel for transportation, energy for heat and light, retail services and petrochemicals products for everyday items.
BP has transformed: growing from a local oil company into a global energy group; employing over 96,000 people and operating in over 100 countries worldwide. The BP group operates across six continents, and its products and services are available in more than 100 countries.
The business is run on the principles of strong corporate governance, a clear system of delegating accountability and a set of values and policies that guide its behaviour – being performance driven, innovative, progressive and green in everything it does and says.
Facts and figures:
| Turnover* |
$284 billion (year 2007) |
| Replacement cost profit** |
$17.3 billion (year 2007) |
| Number of employees |
97,600 (at Dec 2007) |
| Number of shareholders |
+ 1.2 million (at 31 Dec 2007) |
| Proved reserves |
17.8 billion barrels of oil and gas equivalent |
| Service stations |
24,100 |
| Exploration |
Active in 29 countries |
| Refineries |
Interest in 17 |
The data above is taken from the 2007 Annual Report and Accounts.
*Turnover represents sales and other operating revenues, excluding customs duties and sales taxes
**Replacement cost profit is after exceptional items, interest, tax and minority shareholders' interest. This has been restated to reflect the adoption of FRS 17 'Retirement Benefits' with effect from 1 January 2004
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