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BP in America Factsheet

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BP in America Factsheet BP in America By$115 the numbers billion+ Committed to economic growth, energy Invested between security and a lower-carbon future 2005 and 2018 For more than 150 years, BP has been contributing to America’s economy and energy security. Today, its U.S. operations provide 200,000+ the investment, jobs and products that underpin American Jobs supported by BP’s prosperity while also helping drive the global transition to a U.S. business activities lower-carbon fuel mix. Committed to the U.S. economy oil and natural gas producers. BP and American communities also is one of the top refiners in the 1.4 million+ U.S., with the capacity to process BP has a larger economic footprint about 760,000 barrels of crude oil Barrels of oil equivalent (BOE) in the United States than it does every day. Its U.S. retail presence produced and refined per day in any other country, and it consists of roughly 7,200 BP- and invested more than $115 billion in ARCO-branded sites, along with in 2018 the U.S. between 2005 and 2018. more than 1,000 ampm convenience stores. In addition, BP is the largest From downtown Chicago to the Gulf marketer of natural gas in of Mexico to the West Coast, BP’s North America. business activities support more than 200,000 American jobs and The company safely and responsibly contribute more than $100 billion provides energy products and raw to the national economy. BP invests materials that power and heat every dollar of profit it earns in Americans’ homes, fuel vehicles America back into America. that keep the country moving, and form the building blocks of everyday With about 14,000 employees items ranging from smartphones across the country, BP is a strong and seatbelts to clothes and supporter of the communities where packaging. it operates. Between 2014 and 2018 alone, BP and the BP Foundation Committed to a Fast facts donated more than $118 million to lower-carbon future U.S. community programs. Its U.S. businesses also are helping In 2018, BP’s operations contributed Committed to America’s advance the global transition more than $100 billion to the U.S. energy security toward a lower-carbon economy. economy. To fuel America’s future, BP is For example, BP is the leading focusing on high-value, high-quality supplier of renewable natural gas Over 40 percent of BP shares are held projects that play to the company’s to the U.S. transportation sector, in the U.S., more than in any other distinctive strengths. These include and it has wind farms in seven country. exploration and discovery, giant states, from Pennsylvania deepwater fields, and a world-class to Hawaii. downstream business — all In 2018, BP spent more than supported by leading-edge Also, since 2006, BP Ventures has $14 billion with U.S. vendors. technology. In 2018, BP produced invested more than $420 million 772,000 barrels of oil equivalent per in dozens of U.S. companies, day in the U.S., making the including eight alternative energy company one of America’s largest companies. 1866 1987 1998 2000 2018 BP’s presence in BP acquires Sohio, BP and Amoco merge, One of the world’s BP agrees to acquire a America dates back making it the becoming the largest most recognized portfolio of world-class to 1866 through a cornerstone of a new producer of oil and gas lubricant brands, unconventional oil and heritage company national operation, BP in the country. Amoco Castrol, becomes gas assets from BHP. of BP subsidiary America. Sohio’s history was originally the part of the BP The deal represents BP’s Atlantic Richfield. dates back to the Standard Oil Company group of companies. largest global acquisition Standard Oil Company, of Indiana, dating back in nearly 20 years. which was incorporated to 1911. in Cleveland, Ohio, in 1870. SEPTEMBER 2019.
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