about bp oil company

1. Toshmatov Fozilbek
Group of Bi-51i
BBritish Petroleum plc.

2. History of The British Petroleum Company plc.
In May 1908, a group of British geologists discovered a large amount of
oil at Masjed Soleyman located in the Khuzestan Province in southwest
of nowadays Iran. It was the first commercially significant find of oil in
the Middle East. William Knox D'Arcy, by contract with Ali-Qoli Khan
Bakhtiari, obtained permission to explore for oil for the first time in the
Middle East, an event which changed the history of the entire region.
The oil discovery led to petrochemical industry development and also
the establishment of industries that strongly depended on oil. On 14
April 1909, the Anglo-Persian Oil Company (APOC) was incorporated as a
subsidiary of Burmah Oil Company. Some of the shares were sold to the
public. The first chairman and minority shareholder of the company
became Lord Strathcona.

3. BP plc (official styling BP p.l.c., formerly The British Petroleum Company plc and BP Amoco plc)
is a British multinational oil and gas company headquartered in London, England. It is one of the world's
seven oil and gas "supermajors". It is a vertically integrated company operating in all areas of the oil and
gas industry, including exploration and production, refining, distribution and marketing, power
generation and trading. It also has renewable energy interests in biofuels, wind power, smart
grid and solar technology.
BP's origins date back to the founding of the Anglo-Persian Oil Company in 1908, established as a
subsidiary of Burmah Oil Company to exploit oil discoveries in Iran. In 1935, it became the Anglo-Iranian
Oil Company and in 1954, adopted the name British Petroleum.[7][8] In 1959, the company expanded
beyond the Middle East to Alaska and it was one of the first companies to strike oil in the North Sea.
British Petroleum acquired majority control of Standard Oil of Ohio in 1978. Formerly majority state-
owned, the British government privatised the company in stages between 1979 and 1987. British
Petroleum merged with Amoco in 1998, becoming BP Amoco plc, and acquired ARCO and Burmah
Castrol in 2000, becoming BP plc in 2001. From 2003 to 2013, BP was a partner in the TNK-BP joint
venture in Russia.

4. 0
5
10
15
20
25
2017 ET ME LG
RT
Renew.*
Hydro
Nuclear
Coal
Gas
Oil
Primary energy consumption by fuel
Billion toe
Energy Outlookscenarios
2040
0
10
20
30
40
50
1970 1980 1990 2000 2010 2020 2030 2040
2019 BP Energy Outlook
Evolving transition (ET)
More energy (ME) Less
globalization (LG)
Rapid transition (RT)
CO2 emissions
Gt of CO2
© BP p.l.c. 2019
*Renewables includes wind, solar, geothermal, biomass and biofuels

5. Three windows on the energy transition
0
5
10
15
Transport
Industry
Non-combusted
Buildings
0
5
10
15
20 20 Other
Africa
Other Asia
India
China
OEC
D
0
5
10
15
20 Renewables
Hydro
Nuclear
Coal
Gas
Oil
Primary energy demand
End-use sector Region
Billion toe
Fuel
2019 BP Energy Outlook
© BP p.l.c. 2019

6. 0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
1995-2017 2017-2040
Annual demand growth and
sector contributions
% per annum
Primary energy consumption by
end-use sector
Billion toe
Energy demand bysector
5
15
20
0
1970 1980 1990 2000 2010 2020 2030 2040
Transport
Industry
Non-combusted
Buildings
10
2019 BP Energy Outlook
© BP p.l.c. 2019

7. Primary energy growth and regional
contributions
% per annum
Primary energy consumption
by region
Billion toe
Regional energy demand
0
5
10
15
20
1990 2000 2010 2020 2030 2040
Other
Other Asia
Africa
India
China
OECD
-0.5%
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
1990-
2000
2000-
2010
2010-
2020
2020-
2030
2030-
2040
2019 BP Energy Outlook
© BP p.l.c. 2019

8. Increase in primary energy demand, 2017-2040
Billion toe
0
2019 BP Energy Outlook
© BP p.l.c. 2019
5
10
15
20
25
30
2040
2017
Income per
head
World
population
Energy efficiency
Increase in primary energydemand

9. Shares of primary energy
Primary energy consumption by fuel
Billion toe
Global energy by fuel type
5
10
15
20
0
1970 1980 1990 2000 2010 2020 2030 2040
Renewables
Hydro
Nuclear
Coal
Gas
Oil
10%
20%
30%
40%
50%
0%
1970 1980 1990 2000 2010 2020 2030 2040
2019 BP Energy Outlook
© BP p.l.c. 2019

10. Three windows on the energy transition
0
5
10
15
Transport
Industry
Non-combusted
Buildings
0
5
10
15
20 20
Other
Africa
Other Asia
India
China
OEC
D
0
5
10
15
20 Renewables
Hydro
Nuclear
Coal
Gas
Oil
Primary energy demand
End-use sector Region
Billion toe
Fuel
2019 BP Energy Outlook
© BP p.l.c. 2019

11. Human development and energy consumption
Gigajoules/head
HDI
UN Human Development Index and energy consumption, 2017
0.0
0.2
0.4
0.6
0.8
1.0
0 100 200 300 400 500
80% of
population
Sample of
countries
Line of best fit

12. 2019 BP Energy Outlook
© BP p.l.c. 2019
-70%
-50%
-30%
-10%
10%
30%
50%
70%
2029 2032 2035 2038
Primary energy demand and carbon emissions
Dual challenge: more energy, less carbon
2017 2020
Primary energy
CO2
2023 2026
Evolving transition scenario
less carbon
more energy
Primary
energy
CO2
Cumulative growth rate

13. Liquids demand Liquids demand growth
Mb/d, average annualgrowth
Demand for oil and other liquid fuels
0
20
40
60
80
100
120
2010 2015 2020 2025 2030 2035 2040
Buildings
Non-combusted
Trucks
Power
Industry
Non-road
Cars
-0.5
0.0
0.5
1.0
1.5
2.0
2005- 2010- 2015- 2020- 2025- 2030-
2035-
2010 2015 2020 2025 2030 2035 2040
Power
Buildings
Industry
Non-combusted
Transport
Total
Transport
Mb/d
140
2019 BP Energy Outlook
© BP p.l.c. 2019

14. 0
5
10
15
20
25
30
2017
Mb/d
Liquid feedstocks for single-use plastics
0
1
2
3
4
5
6
7
1990 2000 2010 2020 2030 2040
Impact ofsingle
use plastics ban
2040
Impact of tighter
plastics regulations
in ET scenario
Mb/d
Demand for non-combusted liquid fuels
2019 BP Energy Outlook
© BP p.l.c. 2019
Demand for liquid fuels and plastics

15. 40
20
0
60
80
100
120
1970 1980 1990 2000 2010 2020 2030 2040
More energy
Evolving transition
Single-use plastics ban
Greater reform
Less globalization
Rapid transition
Supply with no investments in new fields
Demand and supply of oil
Trillions
of $s
2019 BP Energy Outlook
© BP p.l.c. 2019
Mb/d
140

16. Less globalizationscenario
2019 BP Energy Outlook
© BP p.l.c. 2019
 Reduced openness and trade leads to slight reduction in trend global GDP
growth
 Concerns about energy security adds a small risk premium(10%) to
imported energy

17. Alternative scenario: Less globalization
-900
-600
-300
0
2000 2010 2020 2030 2040
ET
Less
globalization
Net exports (oil & gas)
Mtoe
-900
-600
-300
0
300
600
2000 2010 2020 2030 2040
US
China
Difference relative to ET scenario in 2040:
Global GDP and energy
-7%
-6%
-5%
-4%
-3%
-2%
-1%
0%
1%
GDP Energy
Renewables Coal
Gas Oil
Total

18. Stock
BP stock is composed of original BP shares as well as shares acquired through mergers
with Amoco in 1998 and the Atlantic Richfield Company (ARCO) in 2000. Following the United
States Federal Trade Commission's approval of the BP-Amoco merger in 1998, Amoco's stock was
removed from Standard & Poor's 500 and was merged with BP shares on the London Stock
Exchange. The merger with Amoco resulted in a 40% increase in share price by April
1999. However, shares fell nearly 25% by early 2000, when the Federal Trade Commission
expressed opposition to BP-Amoco's acquisition of ARCO. The acquisition was ultimately approved
in April 2000 increasing stock value 57 cents over the previous year.
The Deepwater Horizon oil spill in April 2010 initiated a sharp decline in share prices, and BP's
shares lost roughly 50% of their value in 50 days.[272] BP's shares reached a low of $26.97 per share
on 25 June 2010.[273] Shares reached a post-spill high of $49.50 in early 2011.
On 22 March 2013, BP announced an $8 billion share repurchase. The buyback decision followed
closure of the TNK-BP deal and it has to offset the dilution to earnings per share following the
loss of dividends from TNK-BP. The buyback was also seen as a way to invest excess cash from the
TNK-BP deal.
As of 27 May 2018, major institutional shareholders include BlackRock Investment Management
(UK) Ltd. (3.35% as of 14 May 2018), The Vanguard Group, Inc. (3.12% as at 2 May 2018), Norges
Bank Investment Management (2.21% as at 2 May 2018) and Legal & General Investment
Management Ltd. (2.07% as of 2 May 2018).
2021 BP Energy Outlook
© BP p.l.c. 2019

19. Renewables share of power generation
Renewable energy
0%
5%
10%
15%
20%
25%
30%
1995 2010 2025 2040
Geothermal
and biomass
Solar
Wind
Fuel shares in power
0%
10%
20%
30%
40%
50%
2000 2010 2020 2030 2040
Gas
Coal Renewables
Hydro & Nuclear
2019 BP Energy Outlook
© BP p.l.c. 2019

20. 30%
25%
20%
15%
10%
5%
0%
Speed of penetration of new fuels in global energy system
Share of world energy
35%
0 10 20 30 40 50
Oil (1877) Gas (1899) Nuclear (1974) Hydro (1922) Renewables (2006)
Speed of energy transition
Years from reaching 1% share
2021 BP Energy Outlook
© BP p.l.c. 2021

21. Rapid transition scenario: policymeasures
2021 BP Energy Outlook
© BP p.l.c. 2021
 Wide range of policy measures: broadly equivalent in termsof their
implied costs and effort
 No silver bullet: a comprehensive set of policy measures isneeded
 Carbon prices are key, especially in the power and industrialsectors
 Role for targeted regulatory measures, especially until carbon pricesreach
material levels

22. Global energy demand and fuel mix
0
4
12
2017 Rapid transition Evolving transition
Primary energy consumption by fuel
Billion toe
20
Renewables
16
Hydro
Nuclear
Coal
8
Gas
Oil
2040
2021 BP Energy Outlook
© BP p.l.c. 2021