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Posted: daxx Date of post: 13.07.2017

It is one of the world's seven oil and gas " supermajors ", [6] whose performance in made it the world's sixth-largest oil and gas company, the sixth-largest energy company by market capitalization [7] and the company with the world's fifth-largest revenue turnover. It also has renewable energy interests in biofuels and wind power. In Russia BP owns a BP has a primary listing on the London Stock Exchange and is a constituent of the FTSE Index.

It has secondary listings on the Frankfurt Stock Exchange and the New York Stock Exchange. BP's origins date back to the founding of the Anglo-Persian Oil Company inestablished as a subsidiary of Burmah Oil Company to exploit oil discoveries in Iran. Init became the Anglo-Iranian Oil Company and in British Petroleum. British Petroleum acquired majority control of Standard Oil of Ohio in Formerly majority state-owned, the British government privatised the company in stages between and British Petroleum merged with Amoco inbecoming BP Amoco plcand acquired ARCO and Burmah Castrol inbecoming BP plc in From toBP was a partner in the TNK-BP joint venture in Russia.

BP has been directly involved in several major environmental and safety incidents. The Deepwater Horizon oil spillthe largest accidental release of oil into marine waters in history, resulted in severe environmental, health and economic consequences, [13] and serious legal and public relations repercussions for BP.

In May a group of British geologists discovered a large amount of oil at Masjid-i-Suleiman in Mohammerah, today the Iranian province of Khuzestan. It was the first commercially significant find of oil in the Middle East.

William Knox D'Arcyby contract with the Emir of Mohammerah, Sheikh Khaz'al Khan al-Kaabiobtained permission to explore for oil for the first time in the Middle East. The oil discovery led to petrochemical industry development and also the establishment of industries that strongly depended on oil. On 14 Aprilthe Anglo-Persian Oil Company APOC was incorporated as a subsidiary of Burmah Oil Company. Some of the shares were sold to the public. Immediately after establishing the company, the British government asked Percy CoxBritish resident to Bushehrto negotiate an agreement with Khaz'al for APOC to obtain a site on Abadan Island for a refinery, depot, storage tanks, and other operations.

The refinery was built and began operating in After World War IAPOC started marketing its products in Continental Europe and acquired stakes in the local marketing companies in several European countries. Refineries were built in Llandarcy in Wales the first refinery in the United Kingdom and Grangemouth in Scotland.

It also acquired the controlling stake in the Courchelettes refinery in France and formed with the Government of Australia a partnership named Commonwealth Oil Refinerieswhich built the Australian's first refinery in Laverton, Victoria. TPC finally struck oil in Iraq on 14 October Bythe APOC's shareholding in TPC, which by now was named Iraq Petroleum Company IPCwas reduced to During the —68 time period, IPC monopolised oil exploration inside the Red Line ; excluding Saudi Arabia and Bahrain.

InBurmah Oil and Royal Dutch Shell formed the joint marketing company Burmah-Shell. InAPOC and Shell formed the Consolidated Petroleum Company for sale and marketing in Cyprus, South Africa and Ceylon, which in followed by a joint marketing company Shell-Mex and BP in the United Kingdom.

The partnership was equally owned but operated by Shell. It was later replaced by Shell-D'Arcy Petroleum Development Company and Shell-BP Petroleum Development Company now Shell Petroleum Development Company. InAPOC 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 and the company started drilling operations in InBritish Petroleum Chemicals was incorporated as a joint venture of AIOC and The Distillers Company. Inthe company was renamed British Hydrocarbon Chemicals. Following World War II, nationalistic sentiments were on the rise in the Middle East; most notable being Iranian nationalismand Arab Nationalism.

In Iran, the AIOC and the pro-western Iranian government led by Prime Minister Ali Razmara resisted nationalist calls to revise AIOC's concession terms in Iran's favour. In MarchRazmara was assassinated and Mohammed Mossadeqa nationalist, was elected as the new prime minister by the Majlis of Iran parliament.

The British government, which owned the AIOC, contested the nationalisation at the International Court of Justice at The Haguebut its complaint was dismissed. Prime Minister Churchill asked President Eisenhower for help in overthrowing Mossadeq. The anti-Mossadeq plan was orchestrated under the code-name ' Operation Ajax ' by CIA, and 'Operation Boot' by SIS MI6. The AIOC was able to return to Iran. Inthe AIOC became the British Petroleum Company. In British Petroleum entered the Canadian market through the purchase of a minority stake in Calgary-based Triad Oil Company, and expanded further to Alaska inresulting discovery of oil at Prudhoe Bay in By the s, British Petroleum had developed a reputation for taking on the riskiest ventures.

It earned the company massive profits; it also earned them the worst safety record in the industry. Over 32 million gallons of crude oil was spilled into the Atlantic and onto the beaches of Cornwall and Brittany, causing Britain's worst-ever oil spill. InBP acquired chemical and platic assets of The Distillers Company which were merged with British Hydrocarbon Chemicals to form BP Chemicals. The company's oil assets were nationalised in Libya inin Kuwait inand in Nigeria in The intensified power struggle between oil companies and host governments in Middle East, along with the oil price shocks that followed the oil crisis meant British Petroleum lost most of its direct access to crude oil supplies produced in countries that belonged to the Organization of Petroleum Exporting Countries OPECand prompted it to diversify its operations beyond the heavily Middle East dependent oil production.

InBP and Shell de-merged their marketing operations in the United Kingdom by dividing Shell-Mex and BP. In the company acquired a controlling interest in Standard Oil of Ohio Sohio. In Iran, British Petroleum continued to operate until the Islamic Revolution in The new regime of Ayatollah Khomeini nationalised all of the company's assets in Iran without compensation, bringing to an end its year presence in Iran. In —s BP diversified into coalminerals and nutrition businesses which all were divested later.

In Octoberthe British Department of Trade and Industry required the KIO to reduce its shares to 9. Peter Walters was the company chairman from to InStandard Oil of California was renamed to Chevron Corporation ; and it bought Gulf Oil—the largest merger in history at that time. Walters was replaced by Robert Horton in Horton carried out a major corporate down-sizing exercise removing various tiers of management at the Head Office.

British Petroleum entered into Russian market in and opened its first service station in Moscow in Under John Browne, British Petroleum acquired other oil companies, transforming BP into the third largest oil company in the world.

British Petroleum merged with Amoco formerly Standard Oil of Indiana in Decemberbecoming BP Amoco plc. InBP Amoco acquired Arco Atlantic Richfield Co. In the beginning of the s, BP became the leading partner and later operator of the Baku—Tbilisi—Ceyhan pipeline project which opened a new oil transportation route from the Caspian region.

InBP's olefins and derivatives business was moved into a separate entity which was sold to Ineos in On 23 March15 workers were killed and more than injured in the Texas City Refinery explosion.

To save money, major upgrades to the refinery had been postponed. Three months later, ' Thunder Horse PDQ ', BP's giant new production platform in the Gulf of Mexico, nearly sank during a hurricane. Inspections revealed other shoddy work.

Repairs costing hundreds of millions would keep Thunder Horse out of commission for three years. Lord Browne resigned from BP on 1 May The head of exploration and production Tony Hayward.

InHayward shifted emphasis from Lord Browne's focus on alternative energy, announcing that safety would henceforth be the company's "number one priority". On 1 OctoberBob Dudley replaced Tony Hayward as the company's CEO after the Deepwater Horizon oil spill.

In —, BP cut down its alternative energy business. The company announced its departure from the solar energy market in December by closing its solar power business, BP Solar. ByBP had fallen from the second largest oil company to the fourth after selling off assets to cover Deepwater Horizon oil spill-related payouts. InBP sold its Decatur, Alabamaplant to Indorama Venturesof Thailand. The sale included terminals at Dalmeny and Kinneil, a site in Aberdeen, and the Forties Unity Platform.

SinceBP has annually published its Statistical Review of World Energywhich is considered an energy industry benchmark. The company announced that it is focusing its investment in the UK North Sea into four development projects including the ClairDevenick, Schiehallion and Loyaland Kinnoull oilfields. In Saltend near HullBP operates a petrochemicals plant that produces acetic acid and acetic anhydride used in the production of pharmaceuticals, textiles and other chemical products.

The United States operations comprise nearly one-third of BP's worldwide business interests, [] and the United States is the country with the greatest concentration of its employees and investments. BP's major subsidiary in the United States is BP America, Inc. BP's upstream activities are divided into three business areas which are deepwater Gulf of Mexico, the Lower 48 states, and Alaska. BP is a leading acreage holder and producer of oil and natural gas in the deepwater Gulf of Mexico.

InBP moved its onshore unit in the United States to a new business called U. Lower 48 Onshore to compete in the burgeoning shale gas industry dominated by smaller companies. BP operates Whiting Refinery in Indiana and Cherry Point Refinery in Washington, and has a stake in the Husky Energy -operated Toledo Refinery in Ohio.

The company owns two petrochemical plants in the U. BP has a stake in exploration of two blocks of offshore deepwater assets in the South China Sea. BP has major liquefied natural gas activities in Indonesia, where it operates the Tangguh LNG project, which began production in and has a capacity of 7. In Australia, BP operates two out of the country's five [] refineries: It also and develops the Shafag-Asiman complex of offshore geological structures.

In addition to its offshore operations in the British zone of North Sea, BP has interests in the Norwegian section of the sea through its stake in Aker BP. As of December [update]BP holds a BP's Canadian operations are headquartered in Calgary and the company operates primarily in Albertathe Northwest Territoriesand Nova Scotia.

It purchases crude oil for the company's refineries in the United Stateshas oil sands holdings in Alberta and four offshore blocks in Nova Scotia. BP Upstream's activities include exploring for new oil and natural gas resources, developing access to such resources, and producing, transporting, storing and processing oil and natural gas.

BP Downstream's activities include the refining, marketing, manufacturing, transportation, trading and supply of crude oilpetrochemicals and petroleum products. BP, which employs about 1, people in oil trading and trades over 5 million barrels per day of oil and refined products, is the world's third biggest oil trader after Royal Dutch Shell and Vitol.

BP Shipping provides the logistics to move BP's oil and gas cargoes to market, as well as marine structural assurance. BP Shipping's chartering teams based in London, Singapore, and Chicago also charter third party vessels on both time charter and voyage charter basis. The BP-managed fleet consists of Very Large Crude Carriers VLCCsone North Sea shuttle tanker, medium size crude and product carriers, liquefied natural gas LNG carriersliquefied petroleum gas LPG carriersand coasters.

All of these ships are double-hulled. Castrol is BP's main brand for industrial and automotive lubricants and is applied to a large range of BP oils, greases and similar products for most lubrication applications. BP Solara former subsidiary of BP, was a manufacturer and installer of photovoltaic solar cells.

The relatively small size of BP's alternative energy operations has led to allegations of greenwashing by Greenpeace[] Mother Jones [] and oil and energy analyst Antonia Juhasz[] among others.

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BP is the fifth-largest energy company by market capitalization, [7] fifth-largest company in the world measured by revenues, and the sixth largest oil and gas company measured by production. The chairman of the BP board of directors is Carl-Henric Svanberg and the chief executive officer is Robert Dudley.

BP stock is composed of original BP shares as well as shares acquired through mergers with Amoco in and the Atlantic Richfield Company ARCO in One ADS represents six ordinary shares. After the Texas City Refinery explosion instock prices again fell. By Januarythe explosion, coupled with a pipeline spill in Alaska and production delays in the Gulf of Mexico, left BP's stock down 4.

In the first quarter of the company adopted the marketing name of BP, and replaced its "Green Shield" logo with the "Helios" symbol, a green and yellow sunflower logo named after the Greek sun god and designed to represent energy in its many forms. ByBP's branding campaign had succeeded with the culmination of a Effie Award from by the American Marketing Associationand consumers had the impression that BP was one of the greenest petroleum companies in the world.

BP attained a negative public image from the series of industrial accidents that occurred through the s, and its public image was severely damaged after the Deepwater Horizon explosion and Gulf Oil spill. In the immediate aftermath of the spill, BP initially downplayed the severity of the incidentand made many of the same PR errors that Exxon had made after the Exxon Valdez disaster.

BP began a re-branding campaign in lateand decided to focus its brand on the idea of "bringing brilliant minds together with technology at a massive scale to meet the world's energy needs", and focus its messaging on telling stories about people. In MayBP tasked a press office staff member to openly join discussions on the Wikipedia article's talk page and suggest content to be posted by other editors.

In BP became the first multinational outside the reinsurance industry to publicly support the scientific consensus on climate changewhich Eileen Caussen, President of the Pew Center on Global Climate Change described as a transformative moment on the issue. We in BP have reached that point.

The charges stemmed from the to dumping of hazardous wastes on Endicott IslandAlaska by BP's contractor Doyon Drilling. The firm illegally discharged waste oil, paint thinner and other toxic and hazardous substances by injecting them down the outer rim, or annuli, of the oil wells. BPXA failed to report the illegal injections when it learned of the conduct, in violation of the Comprehensive Environmental Response, Compensation and Liability Act. In BP Amoco acquired ARCO, a Los Angeles-based oil group.

The suit alleged that BP illegally released air pollutants by failing to adequately inspect, maintain, repair and properly operate thousands of pieces of equipment across the refinery as required by AQMD regulations. It was alleged that in some cases the violations were due to negligence, while in others the violations were knowingly and willfully committed by refinery officials.

The lawsuit further claims Galveston county has the worst air quality in the United States due to BP's violations of air pollution laws. BP had no comment and said it would address the suit in the court system. Ina group of Colombian farmers reached a multimillion-dollar out-of-court settlement with BP for alleged environmental damage caused by the Ocensa pipeline. Inanother group of 95 Colombian farmers filed a suit against BP, saying the company's Ocensa pipeline caused landslides and damage to soil and groundwater, affecting crops, livestock, and contaminating water supplies, making fish ponds unsustainable.

Most of the land traversed by the pipeline was owned by peasant farmers who were illiterate and unable to read the environmental impact assessment conducted by BP prior to construction, which acknowledged significant and widespread risks of damage to the land. In Canada, BP is involved in the extraction of oil sands, also known as tar sands or bituminous sands. The company uses in-situ drilling technologies such as Steam Assisted Gravity Drainage to extract the bitumen.

Members of Canada's First Nations have criticized BP's involvement in the Canadian project for the impacts tar sands extraction has on the environment. Citing conditions similar to those that resulted in the Texas City Refinery explosionon 25 Aprilthe U.

An OSHA inspection resulted in 32 per-instance willful citations including locating people in vulnerable buildings among the processing units, failing to correct de-pressurization deficiencies desire petroleum london stock exchange deficiencies with gas monitors, and failing to prevent the use of non-approved electrical equipment in locations in which hazardous concentrations of flammable gases or vapors may exist.

BP was further fined for neglecting to develop shutdown procedures and designate responsibilities and to establish a system to promptly address and resolve recommendations made after an incident when a large feed pump failed three years prior to Penalties were also issued for five serious violations, including failure to develop operating procedures for a unit that removes sulfur compound; failure to ensure that operating procedures reflect current operating practice in the Isocracker Unit; failure to resolve process hazard analysis recommendations; failure to resolve process safety management compliance audit items in a timely manner; and failure to periodically inspect pressure piping binary options instaforex. Leaked from storage tanks, MTBE has been found in several water systems across the United States.

The plaintiffs maintain that the industry knew about the environmental dangers but that they used it instead of other possible alternatives because it was less expensive. The companies will also be required to pay 70 percent of cleanup costs for any wells newly affected at any time over the next 30 years.

BP has one of the worst safety records of any major oil company that operates in the United States. Between andBP refineries in Ohio and Texas accounted for 97 percent of "egregious, willful" violations handed out by the U. Occupational Safety and Health Administration OSHA. BP had "egregious, willful" violations during that period, while Sunoco and Conoco-Phillips each had eight, Citgo two and Ironing jobs from home leeds had one.

A report in ProPublicapublished in the Washington Post infound that over a decade of internal investigations of BP's Alaska operations during the s warned senior BP managers that the company repeatedly disregarded safety and environmental rules and risked a serious accident if it did not change its ways. ProPublica found that ruger 77 22 aftermarket stock together, these documents portray a company that systemically ignored its own safety policies across its North American operations -- from Alaska to the Gulf of Mexico to California and Texas.

Executives were not held accountable for the failures, and some were promoted despite desire petroleum london stock exchange. The Project On Government Oversightan independent non-profit binary options usa legal in the United States which investigates and seeks to expose corruption and other misconduct, lists BP as number one on their listing of the worst corporations based on instances of misconduct.

In DecemberBritain's first oil rig, Sea Gem, capsized when two of the legs collapsed during an operation auto forex trading platform move it to a new location. The oil rig had been hastily converted in an effort to quickly start drilling operations after the North Sea was opened for exploration. Thirteen crew members were killed.

No hydrocarbons were released in the accident. The oil refinery at Texas City, Texas was beset by environmental issues, including chemical leaks and a explosion that killed 15 people and injured hundreds. Bloomberg News described the incident, which led to a guilty plea by BP to a felony Clean Air Act day penny picks stock trading, as "one of the deadliest U.

The explosion caused all the casualties and substantial damage to the rest of the plant. Maintenance and safety at the plant had been cut as a cost-saving measure, the responsibility ultimately resting with executives in London. The fallout from the accident clouded How to make money in stocks amazon corporate image because of the mismanagement at the plant.

There had no 1 forex broker several investigations of the disaster, the most recent being that from the US Chemical Safety and Hazard Investigation Board [] which "offered a scathing assessment of the company. Inspectors found safety violations that had been cited but not fixed and new violations. BP appealed the fine. At that time OSHA found "no imminent dangers" at the Texas plant.

Thirty violations forex trading indicator software under discussion. The state Attorney General said BP was responsible for 72 separate put up for adoption in french emissions that have been occurring every few months since March It was the largest fine ever imposed under the Texas Clean Air Act.

Inworkers at the Texas City refinery claimed that they were injured when a toxic substance was released at the plant. The plant had a history of chemical releases. District Judge Kenneth M. Hoyt said the plaintiffs failed to prove BP was grossly negligent. In Augustthe Texas Attorney General charged BP with illegally emitting harmful air pollutants from its Texas City refinery for more than a month.

When the equipment malfunctioned and caught fire, BP workers shut it down and routed escaping gases to flares. Rather than options trading forexfactory down associated units while compressor repairs were made, BP chose to keep operating those other units, which led to unlawful release of contaminants for almost 40 days. In Juneover 50, Texas City residents joined a class-action suit against BP, alleging they became sick in as a result of the emissions release from the refinery.

BP said the release harmed no one. In Marchcorrosion of a BP Exploration Alaska BPXA oil transit pipeline in Prudhoe Bay transporting oil to the Trans-Alaska Pipeline led to a five-day leak and the largest oil spill on Alaska's North Slope.

At the moment of the leak, pipeline inspection gauges known as "pigs" had not been run through the pipeline since A BP crew sent to inspect the pipe in early August discovered a leak and small spill, [] [] following which, BP announced that the eastern portion of the Alaskan field would be shut down for repairs on the pipeline, [] [] with approval from the Department of Transportation.

The spill was cleaned up and there was no impact upon wildlife. In the settlement of a civil suit, in July investigators from the U. When BP XA did not fully comply with the terms of the thinkorswim forex rollover action, a complaint was filed in March alleging violations of the Clean Water Act, the Clean Air Act and the Pipeline Safety Act. In Julythe U. On 17 Septembera gas leak was discovered and one gas-injection well blown out in the area of the Central Azeri platform at the Azeri oilfielda part of the Azeri—Chirag—Guneshli ACG project, in the Azerbaijan sector of Caspian Sea.

The cables further said that some of BP's ACG partners complained that the forex en colombia es legal was so secretive that it was withholding information even from them.

Santa Barbara County District Attorney sued BP West Coast Products LLC, BP Products North America, Inc. The complaint alleged that BP failed to properly inspect and maintain underground tanks used to store gasoline for retail sale at approximately gas stations in California over a period of ten years and violated other hazardous material and hazardous waste laws.

The Deepwater Horizon oil spill has had a significant impact on the Gulf of Mexico economy and ecosystem silver price live chart forex, as well as a continuing financial, legal, and public relations burden for BP, whose conduct was found to be "reckless" in a court ruling in September The spill had a strong economic impact on the Gulf Coast 's economy sectors such as fishing and tourism.

However, it was not clear if states most affected by the oil spill would still lag behind others as tourism improves nationally.

Oil spills are known to cause both immediate and long-term harm to human health and ecosystems.

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Further research suggested that the oil on the bottom of the seafloor was not degrading. In OctoberAl Jazeera reported that the gulf ecosystem was "in crisis", citing a decline in seafood catches, as well as deformities and lesions found in fish.

Oil cleanup crews worked four days a week on 55 miles of Louisiana shoreline throughout The study found that even very low concentrations of crude oil can slow the pace of fish heartbeats.

BP disputed the study, which was conducted as part of the federal Natural Resource Damage Assessment process required by icici forex selling rates Oil Pollution Act. BP responded that the concentrations of oil in the study were a level rarely seen in the Gulf, but The New York Times reported that the BP statement was contradicted by the study.

In Februarya study from University of South Florida researchers showed the possibility that subsurface oil particles from Deepwater Horizon had traveled underwater as far south as Sanibel, Florida and reached the West Florida Shelf.

Fish along the way were found to have diseased livers from filtering hydrocarbons chemically similar to oil from Deepwater Horizoncausing them immune system problems. Oil particles buried in gulf sediment could remain there for years.

Research discussed at a conference included preliminary results of an ongoing study being done by the National Institute for Environmental Health Sciences indicating that oil spill cleanup workers carry biomarkers of chemicals contained in the spilled oil and the dispersants used.

Several studies found that a "significant percentage" of Gulf residents reported mental health problems such as anxiety, depression and PTSD. Australia's 60 Minutes reported that people living along the gulf coast were becoming sick from the mixture of Corexit and oil. But BP and the EPA clearly knew about the toxicity of the Corexit long before this spill. The safety manuals read: A peer-reviewed study published in The American Journal of Medicine reported significantly altered blood profiles of individuals exposed to the spilled oil and dispersants that put them at increased risk of developing liver cancer, leukemia and other disorders.

Ina study was published in Proceedings of the National Academy of Sciences which found heart deformities in fish exposed to oil from the spill.

The researchers said that their results probably apply to humans as well as malaysia stock market high dividend share. On 11 Marchthe US Department of Justice formed the " Deepwater Horizon Task Force" to consolidate several federal agencies' investigations into possible td ameritrade options account charges stemming the explosion and spill.

Near the end of Novemberthe U. Environmental Protection Agency reached an agreement to lift the ban. BP's ability to bid for leases is conditional on it meeting new ethical and corporate governance standards, as well as complying with safety procedures, a code of conduct for officers, and showing "zero setting up a forex trading company in singapore for retaliation against whistleblowers among its employees and contractors.

Environmental and consumer groups attacked the lifting of the ban as unwarranted. On 15 DecemberThe US Department of Justice filed a civil and criminal suit against BP and other defendants for violations under the Clean Water Act in the U.

District Court for the Eastern District of Louisiana. District Judge Carl Barbier. The consolidated trial's first phase began on 25 Februaryto determine the liability of BP, Transocean, Halliburton, and other companies, and to determine whether the companies acted with gross negligence and willful misconduct.

On 4 SeptemberJudge Barbier ruled in the first phase plasco energy stock market the case that BP had committed gross negligence. He rejected BP's assertion that other parties were equally responsible for the oil spill, and ruled that "its employees took risks that led to the largest environmental disaster in U.

Barbier ruled that BP had acted with "conscious disregard of known risks. The fund would not supersede individual or state's rights for future claims. Fifth Circuit Court of Appeals rejected an effort by BP to curb payment of what BP claimed to be "fictitious" and "absurd" claims to the settlement fund for businesses and persons affected by the oil spill. BP said administration of the settlement fund was marred by the fact that people without actual damages could file a claim.

The court ruled that BP hadn't explained "how this court or the district court should identify or even discern the existence of 'claimants that have suffered no cognizable injury. On 2 MarchBP and businesses and residents affected by the spill reached a settlement of roughlysuits claiming economic losses.

BP lobbied the British government to conclude a banc de binary a versatile options brokers agreement which the Libyan government had wanted to secure the release of Abdelbaset al-Megrahithe only person convicted for the Lockerbie bombing over Scotland, which killed people. According to the Center for Responsive PoliticsBP was the United States' th-largest donor [ when?

In FebruaryBP's then-chief executive, Lord Browne of Madingleyrenounced the advantage of binary options signals review franco of corporate campaign contributionssaying: During the U. The US Justice Department and work from home 44124 Commodity Futures Trading Commission filed charges forex 21 compounding calculator BP Products North America Inc.

These charges were dismissed by a US District Court in on the grounds that the transactions were exempt under the Commodities Exchange Act because they didn't occur in a marketplace but were negotiated contracts among sophisticated companies. The dismissal was upheld by the Court of Appeals for moral hazard and the us stock market 5th Circuit in In NovemberUS regulators FERC and CFTC began an investigation of BP for allegedly manipulating the gas market.

The investigation relates to trading activity that occurred in October and November BP denied that it engaged in "any inappropriate or unlawful activity.

In Maythe European Commission started an investigation into allegations the companies reported distorted prices to the price reporting agency Plattsin order to "manipulate the published prices" for several oil and biofuel products. From Wikipedia, the free encyclopedia. Redirected from British Petroleum.

This article is about the energy company. For other uses, see BP disambiguation. BP FTSE Component. Anglo-Persian Oil Company Castrol Standard Oil of Ohio ARCO Amoco. Carl-Henric Svanberg Chairman Bob Dudley CEO. Motor fuels Aviation fuels. Anglo-Iranian Oil Company and Iraq Petroleum Company. Oil fields operated by BP. List of articles about Canadian oil sands. Texas City Refinery explosion. Prudhoe Bay oil spill. Deepwater Horizon explosionDeepwater Horizon oil spillDeepwater Horizon litigationand Deepwater Horizon Oil Spill Trust.

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Archived from the original on 16 December Retrieved 16 December BP blames gas leak on 'bad cement job' [Original title: BP downbeat on Shah Deniz phase two progress]. Retrieved 27 March Retrieved 5 September Retrieved 6 September Office of the Maritime Administrator.

Retrieved 25 February Retrieved 22 February Gulf Coast oil spillers about to face day in court". National Oceanic and Atmospheric Administration. Retrieved 17 February The Impact of the BP Oil Spill on Regional Lodging Demand" PDF. Journal of Travel Research. Retrieved 1 June BP oil spill gone from deep ocean, but remains in marshes". Retrieved 29 April Retrieved 3 February Dolphins Plagued By Death, Disease Years After Rig Explosion". The Times-Picayune, New Orleans.

Retrieved 18 February Diseased fish show dissolved oil from BP spill landed off Florida's coast as far south as Sanibel". Retrieved 27 February Scientists say seafood safe, but health effects being measured".

Retrieved 5 March The State of the Gulf: BP Sets the Record Straight. Retrieved 5 December Agrees to Allow BP Back Into Gulf Waters to Seek Oil". Retrieved 14 March District Court - Eastern District of Louisiana". Retrieved 30 April Retrieved 26 February Transcript of Nonjury Trial Proceedings Heard before the Honorable Carl J. Retrieved 18 January Center for Responsive Politics.

Retrieved 23 March Archived from the original on 5 May Commodity Futures Trading Commission. Retrieved 7 September Retrieved 15 September BP Gamed Market at Houston Ship Channel". Commission confirms unannounced inspections in oil and biofuels sectors" Press release. MP attacks inquiry into BP and Shell petrol price-fixing allegations". Retrieved 18 December Sedimentary basins and petroleum geology of the Middle East 2 ed.

Bamberg, James H The History of the British Petroleum Company: The Anglo-Iranian Years, — British Petroleum and Global Oil, — The Challenge of Nationalism. The Cambridge History of Iran, Volume 7. Directors and Investors in Action.

Strategies, Markets and Governance: Exploring Commercial and Regulatory Agendas. Annual Report and Form F PDF. Burns, Richard Dean, ed. Chronological History of U. The Developing Years — All the Shah's Men: An American Coup and the Roots of Middle East Terror. Ends of British Imperialism: The Scramble for Empire, Suez, and Decolonization.

Marwick, William Hutton Scotland in Modern Times: An Outline of Economic and Social Development Since the Union Of Frank Cass and Company Limited.

Meyer, Karl E; Brysac, Shareen The Invention of the Modern Middle East. A Sea in Flames: The Deepwater Horizon Oil Blowout. Interim measures in the Hague Court. Historical Dictionary of the Petroleum Industry: Business data for BP plc: Hoover's Reuters SEC filings.

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ARCO Arena BP Ford World Rally Team BP National Championships BP Natural World Book Prize BP Pedestrian Bridge BP Portrait Award BP Professor of Organic Chemistry BP Top 8 BP Ultimate Acropolis Rally.

Robert Anderson Sylvia Baca Baron Browne Robert Dudley William Fraser William D'Arcy Tony Hayward Robert Horton Doug Suttles Carl-Henric Svanberg.

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Energy sources Coal Coal Authority Coal-fired power stations Coal mines Coal mining regions Confederation of UK Coal Producers Greenhouse gas emissions History Miners' strike National Coal Board Open-pit coal mining.

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