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Bus475 Assignment 1: Social Performance of Organizations: Bp

In: Business and Management

Submitted By spellfire
Words 1849
Pages 8
Business and Society
Social Performance of Organizations: British Petroleum (BP)
Professor Jeannette Wood
Christopher Casselman
Week 4 11/02/2014

Social Performance of Organizations
My chosen organization is British Petroleum.
Nature of the Entity
British Petroleum is one of the world’s leading international oil and gas companies. The company offers customers with fuel for transportation, lubricants to keep their engines moving, energy for heat and light, and the petrochemicals used to make everyday items. The company uses highly developed technologies and tried-and-tested solutions to find oil and gas beneath the earth’s surface.
Structure of the Entity

British Petroleum is present everywhere on the globe. From Europe to Africa and Middle East Asia, the company’s branches are operating effectively. The company has approximately eighty thousand employees, a turnover of $297 billion and operating branches in 100 countries in six continents. (Cambridge University Press, 1982)

Types of products

The principal activities of British Petroleum are exploration and extraction of natural gas and crude oil; refining the crude oil, marketing the refined product, supply and logistics; as well as production and marketing of petrochemicals. It also has a growing activity in gas and power, and in solar power generation.
The group is organised into two major business sectors: i.e. Exploration, production, and Refining & Marketing.

Exploration and Production

The Exploration and Production business segment assumes both midstream and upstream extraction activities. Midstream activities are based on management of crude oils and natural gas reservoir, while upstream activities are based on extraction, field development and production of oil and natural gas.
The British Petroleum “BP” has exploration and production activities in more than 25 countries

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