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BP, formerly known as the British Petroleum Company, is a multinational oil and gas company that is headquartered in London, England. It was founded in 1909 and has become one of the largest energy companies in the world. The company operates in over 70 countries around the globe and is involved in all aspects of the oil and gas industry, from exploration and production to refining and marketing.

BP is also a major provider of renewable energy. The company has invested heavily in wind, solar, and biofuels, and aims to be a leader in the energy transition to a low-carbon future. BP sees a clear role for oil and gas in meeting the world’s energy needs for decades to come, but also recognizes the urgent need to reduce carbon emissions and address climate change.

BP’s operations are organized into two main business segments: Upstream and Downstream. Upstream includes exploration, development, and production of oil and gas resources, while Downstream includes refining, marketing, and distribution of petroleum and petrochemical products. BP also has a third business segment, Alternative Energy, which includes wind power, solar power, and biofuels.

BP has a strong commitment to safety and sustainability. The company’s values include safety, respect, excellence, courage and one team. BP also has a strong commitment to corporate social responsibility, and is involved in a wide range of initiatives to support local communities and protect the environment.

However, BP has faced controversies and challenges over the years. The Deepwater Horizon oil spill in 2010 was a major disaster for the company, and it has faced criticism for its role in contributing to climate change. BP has since committed to the Paris Agreement and is working to reduce its carbon footprint.

BP is a major player in the energy industry and has a significant impact on global energy markets. The company is adapting to the changing energy landscape and is taking steps to reduce its environmental impact, while continuing to provide energy to meet the world’s needs.