Bp (Oil and Chemical Company) and Its E-Commerce Arm

They were the ones who dropped the oil into the ocean when they were out on the ocean. Even though other companies were working on the rig, BP was in charge of the boat that caused the spill.

British Petroleum (BP) is a multinational oil and gas company. Based on market cap, it was the fifth largest energy company in 2013. ("IHS Energy 50"). Like many petroleum based companies, BP is often under fire from environmental activists for not being environmentally cautious, but during the year of 2010, BP experienced a disaster that would cripple it’s reputation far past that of the average petroleum energy company.

BP is a company that delivers energy products and services to people around the world. BP supplies people with oil and natural gases. They also focus on the marketing of fuels. BP also provides energy for heat and light in households. They operate in more than 70 countries and have 79,800 employees’.

BP, originally known as British Petroleum which was founded in 1889, is part of the world’s seven largest publicly traded oil and gas companies. According to BP’s recent annual report BP states that they provide their customers with “fuel for transportation, energy for heat and light, lubricants for engines, and petrochemical items used to make items for everyday use such as paints, clothes, and packaging.” The current CEO of BP, Bob Dudley, has a focus of turning the company around into a safer, stronger, and more simple business. Its headquarters are in London, England but the company is present worldwide and operates in three segments: Upstream, Downstream, and Rosneft.

This report will investigate the three most prominent external PESTEL factors which face BP (Beyond Petroleum). The report will provide a detailed look at how these factors affect the business, and explore the

BP wa s the largest company in the United Kingdom and the third largest publicly held oil and gas company in the world. It had 56,000 employees, activities in more than 70 countries, and three principal lines of businesses: crude oil and natural gas exploration and production (E&P), refining and marketing (R&M), and petrochemical production. Its principal producing or “upstream” assets were oil and gas fields in the North Sea and on Alaska’s North Slope, where it had been a leader in the development of the Prudhoe Bay oil field and the construction of the Trans Alaska Pipeline. BP’s refining and marketing operations, the “downstream” assets, consisted of refineries, service stations, transportation and storage facilities, most of which were located in the United Kingdom, United States, and Europe. Besides oil and gas, BP was also a leading chemical producer with several proprietary technologies such as processes for making polyethylene and acetyls. Sir John Browne, a 22-year veteran of the company and former head of the E&P business, had been the group chief executive since 1995. In 1997, BP earned $4.1 billion on revenues of $71.3 billion and assets of $54.6 billion (Exhibits 1 and 2 include summaries of BP’s financial statements.) Adjusted for exceptional items, exploration and production, refining and marketing, and petrochemicals accounted for 68%, 21%, and 11%, respectively, of consolidated 1997

Beyond Petroleum (BP) formerly British Petroleum is a company that claims to be devoted to finding new energy sources with little impact on the environment. Ferrell, Fraderich, and Ferrell, explain in their Business Ethics textbook in 2012 that after several environmental tragedies in the mid-to late 2000’s, the company had to reassess their ethical standards and make changes to repair their image and regain the confidence of their stakeholders. During this time, they began investing in wind, solar, biofuels, and many other new types of energy sources. They also created programs to educate citizens and stakeholders about environmental awareness. Most importantly, though, they also tasked their ethics and compliance team with creating a code of conduct policy and communicate it out to every employee (p.343-345). Considering that BP is a worldwide company, with employees of diverse languages and cultures, this was a very difficult task to complete. Not only would it be a challenge to communicate the new code of conduct out to each employee, but it was even more difficult for the company to enforce it. Because of the lack of understanding on how to deal with ethical dilemmas, managers and employees within the company did not complete proper risk assessment, leading to the worst oil spill in U.S. History. This would come to be known as the Deepwater Horizon spill. BP commonly outsources machinery and companies to complete certain tasks. They did in this case by hiring an oil rig

BP is one of the world’s largest integrated oil and gas companies. They operate in almost 80 countries with nearly 85,000

British Petroleum (BP) is of one of the world 's largest energy companies, providing its customers with

When a person thinks of BP they image a green gas station and gas pumps. But BP has over 100 years of history behind it. BP was formally known as British Petroleum and the Anglo-Persian Oil Company. It was founded in 1908 by William D’Arcy, a rich British man who invested all his savings in his quest for oil in the Middle East. At the time BP was committed to protect the environment and took necessary steps to research areas where they would likely be drilling for oil to minimize habitat disruption and protect the area. But as competition in the area heightened, and shares of the

British Petroleum or BP is among the six largest oil and gas companies in the world with a large multinational presence. BP is a British multinational organization with headquarters in London, England, and that pursues commercial interests throughout the world. BP has a strong global presence due to its production and marketing operations in several regions of the world. The global operations of BP comprise a large geographical area due to the effective vertical integration of the organization in all sectors of the oil and gas industry. This organization is relatively gigantic as compared to other organizations of this industry and that is why several stakeholders trust its viability. BP manages operations in exploration, drilling, refining, production, distribution, and marketing of oil and oil based products including petroleum products. Although BP is a British organization, a large portion of the revenue of the company depends on foreign locations. BP relies on several international regions for achieving strategic objectives including the United States, Africa, Middle East, and Asia-Pacific. BP faces several cultural issues due to its interactions with stakeholders in various geographical locations.

In order to access the crude oil there, BP leased a rig from Transocean, the world’s biggest offshore drilling company. With more than 26,000 employees and a fleet of 136 vessels, Transocean operates in some 30 countries. BP also hired Halliburton, the second largest oilfield services company, to cement and seal off the well once drilling was complete. Halliburton employs more than 50,000 people and provides services in 70 countries.

BP plc[3][4] (LSE: BP, NYSE: BP) is a British multinational oil and gas company headquartered in London, United Kingdom. It is the third-largest energy company and fourth-largest company in the world measured by 2011 revenues and is one of the six oil and gas "supermajors".[5][6] It is vertically integrated and operates in all areas of the oil and gas industry, including exploration and production,refining, distribution and marketing, petrochemicals, power generation and trading. It also has renewable energy activities in biofuelsand wind power.

BP is one of the biggest petroleum and energy companies in the world. It has a truly interesting history that stated very early in the 20th century in Persia, when an Australian/British magnate decided to explore the country’s soil in search of petroleum. After the success of such expedition (That at some point almost failed) the company developed a rich market and expanded all through Western Europe, as well as some parts of Asia and Oceania. They also played a crucial role during the wars, by providing the British with fuels for their army.

Abusiness modelis defined as the organization of product,serviceandinformation flows, and the source of revenues and benefits for suppliersandcustomers.In the past two years, e-business seems to have permeated every aspect of dailylife. In just a short time, both individuals and organizations have embraced Internettechnologies to enhance productivity, maximize convenience, and improve communicationsglobally. From banking to shopping to entertaining, the Internet has become integral to dailyactivities. For example, just 23 years ago, most individuals went into a financial institutionand spoke with a human being to conduct regular banking transactions. Ten years later,individuals began to embrace the ATM machine, which made banking activities moreconvenient. Today, millions of individuals rely on online banking services to complete a large percentage of their transactions.The rapid growth and acceptance of Internet technologies has led some towonder why the e-business phenomenon did not occur decades ago. The short answer is: itwas not possible. In the past, the necessary infrastructure did not exist to support