BP in the United States
BP is the leading producer of oil and natural gas in the United States and the largest investor in U.S. energy development
The BP family of brands includes Amoco, ARCO, and BP gasolines, as well as am/pm retail outlets and Castrol motor oil.
Investing in American Energy
Since 2004, BP has invested over $35 billion in the United States to increase existing energy sources, extend energy supplies and develop new low-carbon technologies. BP employs more than 29,000 people in the US, has $48 billion in fixed assets, and sells more than15 billion gallons of gasoline every year.BP’s solar business has been in operation for over 30 years and last year had sales of 162 megawatts (MW) globally. This represents an increase of 29 percent over 2007 and while economic conditions have slowed growth recently, BP Solar is well-positioned to grow sales as global economic conditions improve.
BP Wind Energy is one of the leading wind developers in the U.S., with interests in six operating wind farms and has two wind farms in construction. Our portfolio includes the opportunity to develop almost 100 projects with a potential total generating capacity of 20,000 megawatts (MW). We have over 1,000 MW in commercial operation and more than 1,000 MW in an advanced stage of development.
BP is one of the largest blenders and marketers of biofuels in the nation. We are underwriting cutting-edge research — investing more than $500 million over the next 10 years — in the search for a new generation of biofuels that contain more energy, have less impact on the environment, and will not reduce the supply or increase the cost of food.
BP is one of the largest blenders and marketers of biofuels in the nation. We are underwriting cutting-edge research — investing more than $500 million over the next 10 years — in the search for a new generation of biofuels that contain more energy, have less impact on the environment, and will not reduce the supply or increase the cost of food.
Fifty Years in the United States
BP entered the North American oil business as a pioneer explorer in Alaska in the late 1950s. In 1969 we made a major oil discovery at Prudhoe Bay on Alaska’s North Slope. Through our large share in Prudhoe Bay, we became part owners of the biggest oilfield in the US.By 2001, following a series of mergers and acquisitions, we’d become the largest oil and gas producer and one of the largest gasoline retailers in the US.
Today, BP is the number one producer of oil and gas offshore in the deepwater Gulf of Mexico. Equally important are our onshore gas operations, which have enabled the company to become the one of the largest gas producers in the US.
We also operate about 10,000 miles of pipelines, making us the second-largest liquids pipeline company in the US. At sea, a fleet of BP-owned and chartered tankers move our products around the globe.
We have modern refineries in Texas City, TX, Carson, CA, Cherry Point, WA, Whiting, IN and Toledo, OH. These five refineries have a total capacity for processing 1.5 million barrels of crude oil a day.
We’re also the second largest gasoline marketer in the US. Our products and services are purchased through 11,700 service stations around the country.
We have modern refineries in Texas City, TX, Carson, CA, Cherry Point, WA, Whiting, IN and Toledo, OH. These five refineries have a total capacity for processing 1.5 million barrels of crude oil a day.
We’re also the second largest gasoline marketer in the US. Our products and services are purchased through 11,700 service stations around the country.
