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Overview
BP (formerly British Petroleum) is a multinational oil and gas company headquartered in London, England. It is one of the largest energy companies in the world, with operations spanning across 79 countries. BP was founded in 1909 as the Anglo-Persian Oil Company, and has since undergone numerous mergers and acquisitions to become the company it is today. The company's main activities include exploration, production, refining, and marketing of oil and natural gas, as well as manufacturing and marketing of petrochemicals. BP also has a renewable energy division, which focuses on developing and commercializing alternative energy sources such as wind, solar, biofuels, and hydrogen. BP has a strong presence in the United States, with operations in all 50 states. It is also one of the largest suppliers of oil and gas to the US military. Additionally, BP has a significant presence in Europe, Africa, and Asia. BP has faced several controversies over the years, including the Deepwater Horizon oil spill in 2010, which resulted in the largest marine oil spill in history. The company has since implemented safety measures and has focused on transitioning to cleaner and more sustainable forms of energy. In recent years, BP has made significant investments in renewable energy and aims to become a net-zero carbon emitter by 2050. The company has a strong commitment to social responsibility and has implemented various initiatives to support the communities in which it operates. This includes programs for education, health, and disaster relief. In addition to its energy operations, BP also has a significant presence in the retail sector with over 18,000 service stations worldwide under the BP and Amoco brands. It also owns the convenience store chain, ampm, and operates the BPme mobile app for fuel payments and rewards. Overall, BP is a major player in the global energy industry and continues to adapt and evolve as the world's energy needs and priorities change.
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