Bp Strategic Plan

Grantham University |

Deen M. Conteh | Forbes International Top Ten |

Forbs International Top Ten

The history of British Petroleum extends to the year 1901 when William D'Arcy's Anglo-Persian Company made the first oil drills in Persia (www.bp.com).  The company's first retail gas stations opened in Britain in 1921. In 1998 BP merged with a U.S.-based company, Amoco Oil Company and consequently had to rebrand most of its retail gas stations and all convenience stores throughout the United States of America.  British Petroleum is the largest foreign firm to be traded in the US stock market and it has the second largest retail gas locations in the United States (Wall Street Journal).

British Petroleum is a multi-national company with active operations in over one hundred countries. The company's main activities revolve around exploration, refining, manufacturing, supply and marketing of natural gas and oil. The company was conceived thanks to the efforts of one William Knox D'Arcy who invested much of his efforts, money and time in the belief that he could find new oil deposits in the Middle East (www.bp.com). British Petroleum is now a major player in the energy industry and runs its business with a high degree of quality research and technology. The Company's corporate headquarters are based in London, England but it has offices across several US cities.

British Petroleum defines its mission as being "responsible, progressive, innovative, and performance-driven” (www.bp.com). The company believes in the principle of mutual advantage and works towards building productive relationships with other players in the oil industry as well as its customers. British petroleum is deeply committed to the safety and development of the communities and societies in which it operates.  In its website (www.bp.com) the company envisions creating no harm or damage to the people and environment. Although that will beg the question “what happened to the Gulf oil...