BP p.l.c. is a British multinational oil and gas company headquartered in London, England. It is one of the oil and gas "supermajors" and one of the world's largest companies measured by revenues and profits. It is a vertically integrated company operating in all areas of the oil and gas industry, including exploration and extraction, refining, distribution and marketing, power generation, and trading.
Five years ago, BP's chief executive did something very unusual for the boss of an oil and gas company - he pledged to produce less..
Oil and gas giant BP has again slashed its renewable energy investment and announced more funding for fossil fuel production.
