Business Studies: SBA task
About BP
BP is an integrated oil and gas company which is well known around the world. BP delivers heat, light and mobility products and services to people all around the world in ways that will help to drive the transition to a lower carbon future. “From the desert to the deep sea, from rigs to renewables to fuel retail sites, we deliver energy products and services to people around the world.” . Their Upstream business finds and produces oil and gas. They work with many partners around the world. BP uses advanced technologies to produce resources more efficiently and more cleanly to meet the growing global demand. Their Downstream business manufacture and market a wide range of high-quality refined petroleum
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And, when used in hybrid vehicles, it can deliver similar GHG life cycle emissions reductions to electric vehicles.” BP makes electricity from bagasse which is a sustainable biofuel which BP use in their Brazil based business. BP remains on of the top wind energy producers in the USA, they create enough electricity to power about 400 000 homes. Wind energy accounts for half of the renewbale enrgy in the world which means that BP is ahead of the game in some regards.
“Around 80-90% of carbon dioxide (CO2) emissions from oil and gas products are from their use by consumers in transportation, power plants, industries and buildings. BP provides an increasing number of lower carbon, energy efficient and high-performance products to help our customers reduce their carbon footprint.” This shows that BP is trying to help their customers help the earth by using more sustainable products and hence reducing gas emissions. BP develops lubricants Castrol lubricants which are more nature friendly than regular lubricant sand it allows manufacturers to improve the efficiency of their vehicles. “ In India, we provide customers with a diesel lubricant that uses re-refined engine oil as its base, thus reducing CO2 emissions in the production and use of the lubricant.” BP is clearly trying to be more earth friendly by the initiatives it’s running and the strategies it has implemented.
“BP supplies fuel for more than 6,000 flights a day. We are
Newvic Sixth Form College have a Sports hall where students can Tennis, Netball, Football, and Badminton etc. The college provides indoor and outdoor fitness equipments.
Social networks are widely used. Describe how this technology could be used in a business setting. Are there any drawbacks or limitations to using social networks in a business setting?
Currently headquartered in London, BP is one of the largest producers of both oil and natural gas. BP provides its customers with fuel for transportation and energy for heat and light. BP’s core business is gas exploration and production division and their main sources of production include Angola, Argentina, Australia, Azerbaijan, Egypt, Trinidad, the United Arab Emirates, the United Kingdom and the United States (BP PLC (BP) Company Profile | Reuters.com. (n.d.). Retrieved October 27, 2015.). In 2013, BP produced 628,000 barrels of oil each day in the US and was the sixth largest producer of natural gas. Each day, BP sells 50 million gallons of fuel in the US consisting of 7,500 BP branded locations located in 13 states. BP is always seeking new opportunities for advancement in technology so that their operation is safer and more efficient. The company is leading the way in in the energy industry with the world’s largest supercomputer used for commercial research, located in Houston and also the first to use drones in the United States. To further place themselves ahead in the industry, BP has invested over $160 million in 2 dozen companies for advancements in technology. BP currently has 17,000 employees and on average, donates approximately $30 million each year to community
P3 - Describe the main physical and technological resources required in the operation of a selected organisation.
The Small Business Administration “aids, counsels, assists, and protects the interests of small business concerns.” They assist small businesses by providing them with whatever is necessary and will not stop until they get the business to be successful without their assistance. Although they are not able to give the business all of the necessities they need, they do their best and as much as they can do. Their motto is, “Aid, counsel, assist, and protect insofar as is possible, the interests of small business concerns.”
BP is the third largest multi-national company 's energy companies. It specializes in oil; natural gas and alternative fuels, such as electricity and renewable energy. BP also and Chemicals, Marketing and refining them in the industry very competitive player. BP has changed: from the development of the local oil company into a global energy group, employing over 96,000 people and operates in more than 100 countries worldwide. BP believes that sustainable growth and corporate social responsibility has been included but it is whether CSR has actually been realized yet been established, or if it ISA
* Legal: can be time consuming and costly, confusing and contradictory. Many laws apply to businesses.
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At the time SBA purchased the loan from the secondary market on 06/25/10, Colson and the lender’s TOAs reconciled. Lender servicing fees were calculated as $15,227.30 but $11,968.03 was disbursed and $3,259.27 OGF that was deducted at purchase. Due to a judgment/agreement between SBA and the lender reached in 2010 BLC was not to receive any funds, therefore the servicing fee payment of $11,968.03 was returned and the check was cancelled on 07/01/10
The BP Amoco group stands out as a complete provider of energy and petrochemicals. Every day they serve millions of customers with products to the quality of their lives – fuel for transport, energy for heat and light, solar power, and petrochemicals for plastics, fibres and fabrics. Explorers from Amoco and BP have led the way in finding the world’s giant oil and gas fields and getting energy to the world’s marketplace. According to Larry Fuller and Peter Sutherland, co-chairmen, the meeting the demand of energy calls for a blend of outstanding human and technical skills, sophisticated global organization and two-way relationships with local communities, customers, contractors, partners, government and employees. BP Amoco’s aim is to be successful in everything they do by
There are very few aspects of how a company behaves as a corporate citizen that do not apply to a company of the size and nature of BP. The most significant of these are the sheer environmental impact - not simply of the extraction of oil and the energy use of BP's own operation, but more significantly of the impact on climate change of the actual use of all the oil by BP's customers. The state of current scientific evidence raises serious question marks over whether or not human society can actually afford to burn all the hydrocarbons whose existence we have already identified - never mind potential future discoveries. Twenty years ago, people worried that one day the oil would run out. Now, it is the case that the real issue has been identified as one of emissions.
BP also known as British Petroleum is one of Britain’s largest multinational oil and gas company. This company was founded in the early 1900s and now serves a worldwide service as the sixth-largest energy company in the world in 2012, measured by revenue. Therefore, it is no secret that BP has integrated many aspects of the energy sector into it company such as; trading, refining, production, distribution and marketing etc. In this report, I will analysis BP’s environmental report of 2013 and write an investment assessment report. The main body will discuss BP as a company and advise shareholders on the aspects where investment could be beneficial or unprofitable.
Since BP is the world top three of gasoline industry with its great brand loyalty for oil, the company has its internal strengths. On the one hand, BP dominated a strong market position. Datamonitor (2010) pointed out that BP is one of the world’s largest manufacturer of oil and hydrocarbons in the UK and the second largest producer of gas. Meanwhile, in North America, BP is also the largest creator of oil and gas. Moreover, BP also occupies a large market share. BP Air, a supplier of aviation fuels, has become a world largest brand of the global aviation business .On the other hand, the company has a wide geographic presence. It is reported that BP has a presence in almost 80 countries through the whole world such as Middle China, Europe and the United States (datamonitor, 2010). Therefore, the company has a wide range of customers that can make the profits stay stable.
BP p.l.c. is an energy company with an upstream business of extracting crude oil and downstream business of providing processed energy to companies. It is listed in both the New York Stock Exchange (NYSE) based in the United States of America and the London Stock Exchange (LSE). BP is based in London and they carry out oil prospecting extraction and retail its product in more than 70 countries. Out of the companies operating in the oil industry, the biggest two competitor of BP is ExxonMobil and Chevron. ExxonMobil and Chevron are chosen due to their similarities to BP and they are ranked
Beyond Petroleum (BP) is one of the world’s largest energy industries, involved in all activities which are associated with the oil and gas industry. This includes “exploring, producing, refining, distributing and marketing of these products” to a global market (1). BP operates in around 80 countries with over 83,000 employees, producing 3.2 million barrels of oil daily and an economic value of $403.3