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BP p.l.c. Company Profile
BP is also BO (Big Oil). It is the world's #3 publicly traded integrated oil concern, behind Exxon Mobil and Royal Dutch Shell. BP explores for oil and gas in 30 countries with proved reserves of 17 billion barrels of oil equivalent. It's the largest oil and gas producer in the US and a top refiner, with 15 plants processing more than 2 million barrels of crude oil per day; it is also a major producer of petrochemicals. BP operates about 20,000 BP Connect gas stations worldwide. The company took a major hit in 2010 when a Gulf of Mexico oil rig exploded and killed 11 workers. Millions of gallons of crude spilled into the Gulf and BP was forced to set aside $20 billion to pay for related damages in 2011 and 2012.
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