BP Flashcards
Details
5th largest company in the world - operates in over 80 countries - has expertise to source oil and gas in many harsh environments.
Incidents
Deep water horizon - suffered an explosion that killed 11 people - oil spilled into the sea for 87 days - damaged estuaries and wetlands.
Operations - Angola
9 deep-water exploration blocks in Angola - employs over 10,000 people.
Operations - USA
30% of BPs business takes place in the USA - BP operates 13 oilfields in Alaska - operating conditions are challenging in the tundra - also complex because of national park.
Sustainability
£350 million invested into biofuel - in Brazil - reduce greenhouse gases by 90% compared to fossil fuels - BP invests 2.5% of its profits into renewable energy.