In 1967, BP acquired chemical and plastics assets of The Distillers Company which were merged with British Hydrocarbon Chemicals to form BP Chemicals. [63] Employees of the National Portrait Gallery and Searcys and their families, agents or anyone else connected with the competition are not permitted to enter. Dr Andy Samuel, Chief Executive at the Oil and Gas Authority said: “First oil from the newly built Clair Ridge platform is a major milestone for the UKCS. The OGA continues to view the West of Shetland as strategically important with substantial remaining potential. The Clair Field has in excess of 7 billion barrels in place and is expected to sustain production for many decades to come, with significant scope for further phases of development. We welcome BP’s ongoing commitment to MER UK.” In response to the 2022 Russian invasion of Ukraine, BP announced that it would sell its 19.75% stake in Rosneft, although no timeline was announced. [169] At the time of BP's decision, Rosneft's activities accounted for around half of BP's oil and gas reserves and a third of its production. [170] BP's decision came after the British government expressed concern about BP's involvement in Russia. [171] [172] However, BP remained a Rosneft shareholder throughout the whole 2022 year, which caused some criticism from the Ukrainian president's office. [173]

Bernard Looney, BP Chief Executive Upstream, said: “The start-up of Clair Ridge is a culmination of decades of persistence. Clair was the first discovery we made in the West of Shetland area in 1977. But trying to access and produce its seven billion barrels proved very difficult. We had to leverage our technology and ingenuity to successfully bring on the first phase of this development in 2005. The third factor that influenced bp’s recent strategic update was bp’s strong financial, operational and strategic performance. In 1934, APOC and Gulf Oil founded the Kuwait Oil Company as an equally owned partnership. The oil concession rights were awarded to the company on 23 December 1934 and the company started drilling operations in 1936. [41] [42] In 1935, Rezā Shāh requested the international community to refer to Persia as ' Iran', which was reflected in the name change of APOC to the Anglo-Iranian Oil Company (AIOC). [43] The father of Ali Hussein Jaloud, who died days before the meeting from a form of leukaemia that has been linked to chemicals released by flaring gas, asked BP why it could not use its profits to help save his son’s life. In September 2020, BP formed a partnership with Equinor to develop offshore wind and announced it will acquire 50% non-operating stake in the Empire Wind off New York and Beacon Wind off Massachusetts offshore wind farms. The deal is expected to be completed at the first half of 2021. [167] In December 2020, BP acquired a majority stake in Finite Carbon, the largest forest carbon offsets developer in the United States. [168]

13. bp - London Borough of Wandsworth

In contrast, Resolution 25 has been filed by a group of shareholders co-ordinated by the activist group Follow This. By entering the competition, all entrants will be deemed to have accepted and agreed to be bound by these rules.

Resolutions 1-24 form the ordinary business of this meeting, and provide the board with the clear authority we need to get on with the job in hand. This string of developments will follow from 2017’s seven major project completions and is key to delivering the 900,000 barrels of oil equivalent new production that BP expects from new upstream major projects by 2021.

12. bp - London Borough of Camden

The group said 25 protesters attempted to enter the central London meeting, which was only open to BP investors, after buying individual shares in the company. Many were barred from entering after being found with banners. We judged that bp has the capabilities with which to help build the energy system of the future – capabilities that we believe can create value for our shareholders along the way.

In Iran, British Petroleum continued to operate until the Islamic Revolution in 1979. The new regime of Ayatollah Khomeini nationalised all of the company's assets in Iran without compensation: as a result, BP lost 40% of its global crude oil supplies. [69] But also by the engagement we have with stakeholders outside the company – especially our shareholders. Uber and bp will initially focus on collaborating in a number of key markets including Europe, the US and UK to support Uber’s 2030 targets, with other countries including Australia and New Zealand to follow. Regional teams from the two companies will now work together to offer drivers on Uber’s platform bespoke access to bp pulse’s high speed charging network, including special offers.The National Portrait Gallery reserves the right to substitute the prize with a prize of similar value at its own discretion. Uber aims to have 100% of rides on the platform in electric vehicles, micromobility or public transit by 2040; bp’s ambition is to become a net zero company by 2050 or sooner and to help the world get to net zero. A diverse and a capable board – with the experience and expertise to steer the company in today’s complex world. In 1970–1980s, BP diversified into coal, minerals and nutrition businesses which all were divested later. [28] 1979 to 1997 [ edit ]

In 1947, British Petroleum Chemicals was incorporated as a joint venture of AIOC and The Distillers Company. In 1956, the company was renamed British Hydrocarbon Chemicals. [46] The United States operations comprise nearly one-third of BP's operations. [192] BP employs approximately 14,000people in the United States. [193] In 2018, BP's total production in the United States included 385,000 barrels per day (61,200m 3/d) of oil and 1.9billion cubic feet per day (54million cubic metres per day) of natural gas, [194] and its refinery throughput was 703,000 barrels per day (111,800m 3/d). [195] Access to bp’s high speed charging network to help drivers on Uber’s platform make the switch to EVs. Inside bp we have thousands of scientists, engineers, economists and all kinds of other experts with the skills the world needs to reimagine energy. The company's oil assets were nationalised in Libya in 1971, in Kuwait in 1975, and in Nigeria in 1979. [42] [49] [64] In Iraq, IPC ceased its operations after it was nationalised by the Ba'athist Iraqi government in June 1972, although legally Iraq Petroleum Company still remains in existence but as a dormant company, [65] and one of its associated companies — Abu Dhabi Petroleum Company (ADPC), formerly Petroleum Development (Trucial Coast) Ltd – also continues with the original shareholding intact. [66] [67]

3. bp - London Borough of Hammersmith and Fulham

This resolution represents the fourth time in five years that Follow This has tabled such resolutions with bp – just as they do with several of our peers and competitors. The partnership builds on Uber’s initiatives to help drivers go electric, including adding a Charging Map directly to the Driver app to show them where the nearest EV chargers are located as well as launching an EV Hub in the Uber Driver app, a one-stop shop where drivers can get information and compare the total cost of ownership (TCO) of an EV with a non-EV. In all, 53,000 tonnes of modules were safely installed during the 2015/16 offshore campaigns, involving some of the world’s heaviest ever offshore lifts.