BP SWOT Analysis, Competitors, STP & USP

BP (merger of British Petroleum & Amoco)

Oil & Gas

Energy & Power

Beyond petroleum

3rd largest energy company, 4th largest company in the world by revenues and one of the six oil and gas "supermajors"

Corporates, countries, individuals looking to fulfill energy needs

Enterprises looking for energy for production, people for petrol diesel for vehicles and domestic uses

BP's focus on meeting the growing demand for fossil fuels, manufacturing and delivering more advanced products, and enabling the material transition to a lower carbon future

Below are the Strengths in the SWOT Analysis of BP:

1.One of the biggest in the energy sector
2.Top in market
3.Huge geographical reach
4,High quality operations
5.Very Strong Brand Name

Here are the weaknesses in the BP SWOT Analysis:

1.Cost of environmental hazards
2.Decline in production
3.Reaching Maturity

Following are the Opportunities in BP SWOT Analysis:

1.Increasing fuel/oil prices
2.Increasing natural gas market
3.More oil well discoveries
4.Expand export market
5.Investment in alternate business

The threats in the SWOT Analysis of BP are as mentioned:

1.Government regulations
2.High Competition
3.Environment Regulations
4.Increasing Cost of Operations

Below are the top 5 BP competitors:

1. Chevron Corporation

2. Exxon Mobil

3. Royal Dutch Shell

4. Total

5. ConocoPhillips