British Petroleum was founded in 1909 and has come a long way since then. Mr. Robert Dudley is the current CEO for the company. It is headquartered in London, U.K.
It has operations in more than 80 countries in the world. BP has 19.75% on Russia’s ROSNEFT which is Russia’s second largest oil & gas company. In 1965, BP became the first company to find oil in the North Sea which has now become the main hub for the offshore operations of different companies. BP formed a 30% partnership with Indian joint-venture, Reliance Industries in 2011. During 2011-13, it had drastically reduced its alternative energy business while totally exiting the solar energy operations. Last year BP signed a deal with CNOOC to supply Liquefied Natural Gas. The company has around 84,500 employees. It is involved in all the aspects of oil & gas industries which are exploration, production, refining and sales of natural gas & other hydrocarbons.