BP is one of the largest integrated oil companies in the world
Key facts and figures
Market capitalisation
$146 billion (at 31 Dec 2008)
Sales & Other operating revenue1
$361 billion (at 31 Dec 2008)
Capital employed
$125.3 billion (at 31 Dec 2008)
Replacement cost profit 2
$25.6 billion (year 2008)
Number of employees
92,000
Number of shareholders
In excess of 1.2 million (at 31 Dec 2008)
In business since
Amoco 1889
ARCO 1866
BP 1909 (first oil discovered in 1908)
BP Amoco 1998
Proved reserves
18.1 billion barrels of oil equivalent (approx. 57% oil and NGL's, 43% natural gas)
Daily production
3.8 million barrels of oil equivalent; (approx 63% oil and NGL's, 37% natural gas)
Daily refined product sales
5.7 million barrels
Community expenditure
$125.6 million (year 2008)
Service stations3
22,600
Exploration and production
Active in 29 countries.
Refineries (in which BP has an interest)
17
Refinery capacity (BP share)
2.7 million barrels of crude oil per day
1 Sales and other operating revenues excludes customs duties and sales taxes.
2 Replacement cost profit reflects the replacement cost of supplies and is arrived at by excluding from profit inventory holding gains and losses and their associated tax effect.
3 Excludes our interest in equity-accounted entities.
All data is as per the 2008 Annual Report and Accounts unless otherwise noted.
Business segments
Organisationally BP has two business segments:
Exploration and Production
Refining & Marketing
They are supported by a number of other organizational elements comprising group functions and regions.
We operate in more than 90 countries, with well-established operations in Europe, the US, Canada, Russia, South America, Australasia, Asia and parts of Africa.