BP

:This article is about the corporation known as BP. See also BP (disambiguation)

Related Topics:
Corporation - BP (disambiguation)

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BP (formerly "British Petroleum" and briefly known as "BP Amoco") {{lse|BP}}, {{nyse|BP}} is a petroleum company headquartered in London, and one of the top four oil companies in the world (along with Shell, ExxonMobil, and Total).

Related Topics:
Petroleum - London - Shell - ExxonMobil - Total

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In December 1998, BP merged with the American Oil Company (Amoco), forming "BP Amoco". However, this move was widely viewed as a purchase of Amoco by BP, only officially described as a merger for legal reasons. Indeed, after a single year of joint operations, the two giants merged most operations and "Amoco" was dropped from the name. The newly-renamed "BP" became an initialism no longer standing for "British Petroleum", and used the tagline "Beyond Petroleum" in advertising campaigns (this perhaps to disguise the company's foreign ownership after its extensive acquisitions and increased presence in the United States, as British Aerospace became "BAE Systems" for similar reasons). Its BP Solar division has become a world-leading producer of solar panels.

Related Topics:
1998 - Amoco - Initialism - British Aerospace - Solar panel

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BP is the leading partner in the controversial Baku-Tbilisi-Ceyhan pipeline.

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