Nobody downloaded yet

History of the British Petroleum Company - Case Study Example

Comments (0) Cite this document
The author of this case study "History of the British Petroleum Company" comments on the company founded by William D’Arcy and was registered in 1909 under the name Anglo-Persian Oil. Reportedly, during its early years, the company main focus lay in the Middle East. …
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER94.9% of users find it useful
History of the British Petroleum Company
Read TextPreview

Extract of sample "History of the British Petroleum Company"

Download file to see previous pages When Iran nationalized the British Petroleum Company’s assets in 1951, the company ventured into conducting explorations in other Middle Eastern countries such as Iraq, Libya, and Kuwait and in 1954, it was eventually renamed as the British Petroleum Company. In 1987, the British government sold its last shares in the company at a time when BP’s lackluster performance had caused it to start languishing at the bottom of its sector. However, by 1996, the company had been able to effect a turn around that saw it start performing within the oil and gas top quartile.
Currently, BP is considered to be the world’s number 3 public traded integrated oil concern (Juhasz, 2011). It explores for gas and oil in over 30 countries and has proven reserves that are estimated to stand at 17 billion barrels of oil. Within the United States, it is regarded as the largest gas and oil producer and a top refiner with its 15 plants that are continuously processing an estimated more than 2 million barrels of crude oil per day.
Some of the external factors that can possibly affect the success of the company include political and economic factors. Political factors such as government policy such as the overall degree of intervention in the economy can affect the performance of BP. This might include trading policies and lobbying actives that can serve to either improve the company performance or make it difficult for it to trade within a given country. Economic factors can affect the performance of BP include the national economies of the environment in which the company is running its business operations. When a country’s economy is not doing too well, the buying power of its citizens is reduced and this will have the effect of reducing the total sales of BP’s products in the country. Conversely, the company performance in countries with good economies is relatively good due to the fact that the company is able to achieve high levels of sales. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Social Performance of Organizations Assignment Example | Topics and Well Written Essays - 1500 words”, n.d.)
Social Performance of Organizations Assignment Example | Topics and Well Written Essays - 1500 words. Retrieved from
(Social Performance of Organizations Assignment Example | Topics and Well Written Essays - 1500 Words)
Social Performance of Organizations Assignment Example | Topics and Well Written Essays - 1500 Words.
“Social Performance of Organizations Assignment Example | Topics and Well Written Essays - 1500 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF History of the British Petroleum Company

British Petroleum America, Inc

...? BP America, Inc; Case Study BP America, Inc: Case Study British Petroleum (BP) had its birth in the year 1901 when William Knox D’Arcy got the chance to explore Persia’s oil resources. At first, the company was known as the Anglo-Persian Oil Company (Eugene D. Fanning Cente, p. 9). In the year 1914, it entered into an agreement with the British government. With the funding from the British government, it spread its operations to start marine bunkering stations and aviation fuel production. By 1935, it had refineries in Australia, Canada, South America, Africa, Papua New Guinea, and Europe (p. 10). It was in the year 1959 that BP found the presence of Hydrocarbons under the North Sea and under Alaska’s permafrost. Thereafter... , the...
3 Pages(750 words)Case Study

British Petroleum

...? Report on British Petroleum Contents Introduction 3 Structure of the organization 3 Entrepreneurship 5 Innovation 6 Market opportunities 7 Competitive advantage 9 Porters five force 9 Sustainability 11 Corporate social responsibility 12 Future strategy 13 Conclusion 14 Reference 16 Bibliography 18 Introduction British Petroleum is among the top international oil and gas company which aims to provides the customers with energy required for light and heat, fuel required for transportation, petrochemicals product and retail services for everyday living. The business model of BP aims to generate value for the hydrocarbon value chain. The process usually...
12 Pages(3000 words)Essay

Finance - British Petroleum

...?British Petroleum British Petroleum (BP) is one of the world’s leading international oil and gas companies that operates and markets products in more than 80 countries, providing its customers with fuel for transportation, energy for heat and light, retail services and petrochemical products for day-to-day activities ( n.d). The sales and other operating revenues of the company during 2010 were $297,107 million, with human resource strength of 79,700 employees (, 2010). The British Petroleum (BP) share prices have been at its lowest level prior to its rising by the end of July 2011. There...
8 Pages(2000 words)Essay

British Petroleum Oil Spill

...that area. It looks at the company’s behavior post the oil spill and their reaction in front of the media and as expressed in their annual reports. More specifically, this paper looks at how BP’s reaction post the disastrous oil spill ties in with the theories about company behavior. Some theories used as reference for this paper include the legitimacy theory, the stakeholder theory and the institutional theory etc. 2. The case  2.1 Context  Background information about the case  British Petroleum (BP) is the 6th largest oil and gas company worldwide. BP is involved in all stages including the extraction of oil to the retail of the final product (BP,...
13 Pages(3250 words)Essay

British Petroleum

...British Petroleum, which is due to celebrate its centennial in 2008, is singularly responsible for the discovery of much of the Middle East's oil wealth. As Heiss (1997) explains, the discovery of oil in Iraq, Iran, Kuwait and Saudi Arabia, is part of BP's long history. It need be noted, however, that the aforementioned history is far from a proud one insofar as BP's activities were closely linked to British colonialism and, indeed, were sustained and supported by the imperialist framework. What this means is that BP received concessions not available to any other non-British company, including national ones, and...
4 Pages(1000 words)Case Study

British Land Company and Shell Petroleum Development Company of Nigeria

...British Land Company of UK & Ireland and Shell Petroleum in Nigeria The British Land Company is one of the biggest property developers and investmentcompanies in the United Kingdoms. Formerly, it was a Public Limited Company (Plc) but later on, it became a Real Estate Investment Trust (REIT) during the real estate boom period in 2006. “British Land’s opportunistic but risk-averse strategy seeks to achieve long-term growth in shareholder value by: focusing on prime assets in the office and retail sectors.” (British Land Company Plc. 2006). Its transformation to the category of REIT has...
8 Pages(2000 words)Essay

Corporate Communication of the British Petroleum Company

...INTRODUCTION FARMA Limited has emerged as one of the largest pharmaceutical company that has its operations in more than 40 countries and products available worldwide. It was started in early 2000 by a group of medical researchers from Princeton University. It is one of those companies that gained tremendous success in just a few years. FARMA Limited combines the best values of entrepreneurship, business ethics, and strict acquiescence with current Good Manufacturing Practices (cGMP). It has its own branded generic medicines besides which it also promotes products from distinguished research-based pharmaceutical companies. Since its creation, FARMA Ltd. has primarily endorsed research...
10 Pages(2500 words)Research Paper

British Petroleum Company

...Owners The owners are the shareholders of the firm contributing their capital i.e. funds to the firm in order to finance it. The owners of BP are itsshareholders who contribute their funds through purchase and sell of its shares on the stock exchange. Owners of the firm interact with other stakeholders and business of the firm through their board of directors and other supervisory mechanisms. Since owners/shareholders are not directly involved in the management of the firm therefore their interaction remains mostly in terms of supervisory oversight. (Post, Preston, & Sauter-Sachs, 2002) Their overall interests in the business include the extent to which they have invested their funds in the company. Shareholders and...
5 Pages(1250 words)Assignment

British petroleum

...1) The of the company is British Petroleum. The company has its corporate headquarters in London, United Kingdom. The firm is a publicly tradedcompany sold in the London Stock Exchange and New York Stock Exchange under the symbol BP. 2) “BP is one of the worlds leading international oil and gas companies, providing its customers with fuel for transportation, energy for heat and light, retail services and petrochemicals products for everyday items” (Bp, 2012).The company operates across 30 countries worldwide. British Petroleum has a global workforce of 83,200 employees. Some of the brands of the...
3 Pages(750 words)Essay

British Petroleum

...The British Petroleum Company - Crisis Communication Introduction This present research paper seeks to investigate how the British Petroleum Company communicated with its key constituencies in relation to their catastrophic April 2010 oil spill in the Gulf of Mexico. The research paper will comprise of three key sections of which the first section will offer a brief background review of the April 2010 oil spill at the Gulf of Mexico. Secondly, the research paper will analyse how the company handled the oil spill at the Gulf of Mexico from the communication perspective. Thirdly, the research paper will put forward three...
4 Pages(1000 words)Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Case Study on topic History of the British Petroleum Company for FREE!

Contact Us