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This is an old revision of this page, as edited by Maserati Turbo (talk | contribs) at 05:58, 20 May 2016 (→‎Article is very biased: new section). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Former good article nomineeBP was a Social sciences and society good articles nominee, but did not meet the good article criteria at the time. There may be suggestions below for improving the article. Once these issues have been addressed, the article can be renominated. Editors may also seek a reassessment of the decision if they believe there was a mistake.
Article milestones
DateProcessResult
September 7, 2006Good article nomineeNot listed

Template:Energy portal news


EU investigation concluded

The last paragraph of this article, under the heading Market manipulation investigations and sanctions, contains two sentences referring to an investigation into alleged price manipulation. However, on Monday, December 7, 2015, EU investigators dropped the investigation of BP, as well as Royal Dutch Shell and Statoil, as has been reported by the Financial Times, Reuters and Bloomberg Business. Margarethe Vestager of the European Commission is quoted as saying in relation to this investigation: "It’s important to close down probes when evidence and data don’t support the suspicions, … When it turns out there’s no basis for a case, it should be shut down instantly."

Given the statement from Vestager, and the fact that the investigation did not go anywhere, could this paragraph be removed, or should it simply be updated to reflect it has concluded? As always, I will not make direct edits to this article because of my conflict of interest, since I am a BP employee. Thanks. Arturo at BP (talk) 16:54, 18 December 2015 (UTC)[reply]

I've added about the investigation being dropped. Coretheapple (talk) 20:08, 18 December 2015 (UTC)[reply]
Closing COI Request. Seems to have been taken care of. There may likely still be a WP:UNDUE issue, as ~half the article looks to be about various criticisms. Just a thought to anyone working on this page. TimothyJosephWood 14:16, 18 April 2016 (UTC)[reply]

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Updates from 2015 Annual Report


BP published its Annual Report for 2015 in March, and I have gone through it to see what can be updated on Wikipedia. A number of key figures have already been updated by Beagel, but I added a few other suggestions below. As I am an employee of BP and have a WP:Conflict of interest, I will not make any of these edits myself. Would someone be able to look at my suggestions and make edits they see as fitting?


  • The following can be re-added with current information to the end of the first paragraph in the article's introduction:
    • BP has around 17,200 service stations worldwide, including 7,000 in the U.S.[1][2]


  • The following can be added to "Operations":
    • As of December 2015, BP had 79,800 employees[1]
    • In 2015 BP produced more than 1,528 million cubic feet per day (43.3 million cubic metres per day) of natural gas.[3]


  • I also combed through "United States", which needed significant updating. My proposed "United States" section appears below. In short, I have updated several figures and bits of information, and deleted information that is dated or no longer relevant. If editors prefer to see these changes outlined in more detail, I have also included a rundown of each individual change requested in the second collapse box below.


Extended content

United States

The headquarters of BP America in Westlake Park, Houston
The Thunder Horse PDQ semi-submersible oil platform in the Thunder Horse Oil Field
Part of the Trans-Alaska Pipeline System

The U.S. operations comprise nearly one-third of BP's worldwide business interests,[4] and the U.S. is the country with the greatest concentration of its employees and investments.[5][6] BP employs approximately 16,000 people in the U.S.[7] U.S. production in 2015 was 643,000 barrels of oil equivalent per day (boe/d).[8]


BP's major subsidiary in the United States is BP America, Inc. based in Houston, Texas, which is the parent company for the BP's operations in the United States.[9] BP Exploration & Production Inc., a 1996 established Houston-based subsidiary, is dealing with oil exploration and production, including Gulf of Mexico activities.[10] BP Corporation North America, Inc., provides petroleum refining services as also transportation fuel, heat and light energy, and petrochemical products.[11] BP Products North America, Inc., a 1954 established Houston-based subsidiary, is engaged in the exploration, development, production, refining, and marketing of oil and natural gas.[12] BP America Production Company, a New Mexico-based subsidiary, engages in oil and gas exploration and development.[13] BP Energy Company, a Houston-based subsidiary, is a provider of natural gas, power, and risk management services to the industrial and utility sectors and a retail electric provider in Texas.[14] In 2014, BP moved its onshore unit in the United States to a new business called U.S. Lower 48 Onshore to compete in the burgeoning shale gas industry dominated by smaller companies.[15] U.S. Lower 48 has a 7.5 billion bbl material resource base on 5.7 million net acres.[16]


BP is a leading acreage holder and producer of oil and natural gas in the deepwater Gulf of Mexico.[17][18] The company produces nearly 10% of its global output in the region, over 252,000 barrels per day (40,100 m3/d) of oil equivalent, as of 2014.[19][20] BP's production is from more than 10 fields and includes BP-operated hubs.[21] BP is the leaseholder of Mississippi Canyon Block 252 (Macondo Prospect) and the operator of the Macondo well, the site of the Deepwater Horizon explosion and oil spill.[22][23] In March 2014, the EPA's ban barring BP from bidding on new leases in the Gulf, imposed following the Macondo spill, was lifted.[18]


As of 2015, the company operated nine North Slope oilfields in the Greater Prudhoe Bay area, accounting for about 60% of all Alaska North Slope production.[24][25] In 2015, 107,000 barrels of oil per day were produced in Alaska.[26] BP is the largest partner with just under 50% ownership stake in the 800-mile (1,300 km) long Trans-Alaska Pipeline System.[27]


In 2015 BP produced more than 1,528 million cubic feet per day (43.3 million cubic metres per day) of natural gas.[28] Its U.S. Lower 48 onshore division has shale positions in the Woodford, Oklahoma, Fayetteville, Arkansas, Haynesville, Texas, and Eagle Ford, Texas, shales.[29][30][31] It has unconventional gas (shale gas or tight gas) stakes also in Colorado, New Mexico and Wyoming, primarily in the San Juan Basin.[32][33][34]


BP operates the Whiting Refinery in Indiana and Cherry Point Refinery in Washington, and has a stake in the Husky Energy-operated Toledo Refinery in Ohio.[35][36][37][38] Since the early 2000s, the company has been focusing its refining business on processing refined products from oil sands and shales.[36][39] On the U.S. West Coast, BP primarily operates service stations under the ARCO brand.[40][41]


The company owns two petrochemical plants in the U.S.[42][43][44] Its petrochemical plant in Texas City, located on the same site as the formerly owned Texas City Refinery, produces industrial chemicals including propylene and styrene.[45] BP's Cooper River, South Carolina, petrochemical plant produces PTA, which is used in the production of synthetic fibre for clothing, packaging and optical films.[43][46] BP agreed in early 2016 to sell its Decatur, Alabama, plant to Indorama Ventures, of Thailand.[44] The sale finalized in April 2016, and the plant changed names to Indorama Ventures Xylenes & PTA LLC.[47]


The company's alternative energy operations based in the US include 16  wind farms.[48][49]


Here are the individual edits included above:

Extended content
  • Replaced: As of April 2014, per the company website BP employs approximately 20,000 people in the US.
    • New wording and citations: BP employs approximately 16,000 people in the U.S.[7]


  • Added: U.S. production in 2015 was 643,000 barrels of oil equivalent per day (boe/d).[50]


  • Replaced: In March 2014, it was reported that BP was to move its US onshore oil and gas asset management to a new subsidiary, in an effort to better compete with the smaller companies that dominate the US shale gas industry.
    • New wording and citations: In 2014, BP moved its onshore unit in the United States to a new business called U.S. Lower 48 Onshore to compete in the burgeoning shale gas industry dominated by smaller companies.[15]


  • Added: U.S. Lower 48 has a 7.5 billion bbl material resource base on 5.7 million net acres.[16]


  • Replaced: BP is the second largest producer of oil and gas and the largest leaseholder in the deepwater Gulf of Mexico. The company produces roughly 10% of its global output in the region, over 252,000 barrels per day (40,100 m3/d) of oil equivalent.
    • New wording and citations: BP is a leading acreage holder and producer of oil and natural gas in the deepwater Gulf of Mexico.[51][18] The company produces nearly 10% of its global output in the region, over 252,000 barrels per day (40,100 m3/d) of oil equivalent, as of 2014.[19][20]


  • Replaced: Of the seven largest drilling platforms in the Gulf, four are operated by BP.[52] As of 2012 BP has oil and gas production in the Gulf from fields including Atlantis, Mad Dog, Na Kika, and Thunder Horse. The company also holds stakes in fields operated by other companies, including the Mars, Ursa, and Great White fields.
    • New wording and citations: BP's production is from more than 10 fields and includes BP-operated hubs.[53]


  • Removed: In December 2011, BP acquired 11 newly available leases for resource exploration rights to areas of federal waters in the Gulf and in June 2012 it acquired 40 further leases in the central region of the Gulf.[4][54]
    • Reason: This information is outdated.


  • Removed: BP won 24 bids at auction for leases in the region totalling $41.6 million.
    • Reason: This information is outdated.


  • Replaced: As of 2014, the company operated about 60% of all Alaska North Slope production. It operates 9 oil fields, four pipelines, and owns a stake in six additional fields in the North Slope.
    • New wording and citations: As of 2015, the company operated nine North Slope oilfields in the Greater Prudhoe Bay area, accounting for about 60% of all Alaska North Slope production.[55][25] In 2015, 107,000 barrels of oil per day were produced in Alaska.[56]



  • Replaced: The company owns three petrochemical plants in the US, which produce approximately four million tons of petrochemicals each year.
    • New wording and citations: The company owns two petrochemical plants in the U.S.[42][43][44]


  • Replaced: The Decatur plant also produces paraxylene and naphthalene dicarboxlate.


  • In addition to the edits included in the draft and listed out above, I would like to have updated the Gulf of Mexico production figure to the 2015 numbers. So far, I've been unable to find a public source stating it, but it is 249,000 barrels per day of oil equivalent and this number can be derived from BP’s Annual Report by adding two numbers together. If this seems straightforward enough that this source would work, I can provide the citation for the Annual Report page.


  • For Deepwater Horizon explosion and oil spill, the following can be added:
    • BP’s investigation into the Deepwater Horizon accident, the Bly Report, made 26 recommendations aimed at further reducing risk across the company's global drilling activities. All 26 recommendations have been completed.[58]


I am happy to discuss any questions. Also, given Dormskirk's recent edits to update the article, I wanted to bring this to their attention. Thanks. Arturo at BP (talk) 20:47, 18 May 2016 (UTC)[reply]


References

References

  1. ^ a b Cite error: The named reference BP at a glance was invoked but never defined (see the help page).
  2. ^ Annual Report 2015, p. 36.
  3. ^ "Annual Report and Form 20-F 2015" (PDF). www.BP.com (PDF). BP. 2015. p. 231. Retrieved 23 March 2016.
  4. ^ a b Fitzsimmons, Emma G. (2 May 2012). "BP Plc". The New York Times. Retrieved 7 June 2012.
  5. ^ "BP enters shale oil quest in Ohio". United Press International. 27 March 2012. Retrieved 6 August 2012.
  6. ^ "BP in the United States". BP. Retrieved 6 August 2012.
  7. ^ a b "United States". bp.com. BP. Retrieved 26 April 2016.
  8. ^ Annual Report 2015, p. 194.
  9. ^ Pulsinelli, Olivia (3 May 2013). "BP to pay $18M for early restoration projects in Texas". Houston Business Journal. Retrieved 13 May 2013.
  10. ^ "Company Overview of BP Exploration & Production Inc". Bloomberg Businessweek. Retrieved 3 November 2012.
  11. ^ "Company Overview of BP Corporation North America, Inc". Bloomberg Businessweek. Retrieved 3 November 2012.
  12. ^ "Company Overview of BP Products North America, Inc". Bloomberg Businessweek. Retrieved 3 November 2012.
  13. ^ "Company Overview of BP America Production Company". Bloomberg Businessweek. Retrieved 3 November 2012.
  14. ^ "Company Overview of BP Energy Company". Bloomberg Businessweek. Retrieved 3 November 2012.
  15. ^ a b Eaton, Collin (21 March 2016). "After years of catch-up, BP eyes edge in shale". Houston Chronicle. Retrieved 12 April 2016.
  16. ^ a b "BP's US Lower 48 unit buys Devon's New Mexico assets". Oil & Gas Journal. 18 December 2015. Retrieved 5 April 2016.
  17. ^ Annual Report 2015, p. 4.
  18. ^ a b c Stanley Reed url=http://www.nytimes.com/2014/03/20/business/energy-environment/ban-lifted-bp-bids-42-million-to-win-gulf-oil-leases-in-us-auction.html?_r=2 (19 March 2014). "Ban Lifted, BP Bids $42 Million to Win Gulf Oil Leases in U.S. Auction". The New York Times. {{cite news}}: |access-date= requires |url= (help); |author= has generic name (help); Missing pipe in: |author= (help)CS1 maint: numeric names: authors list (link)
  19. ^ a b "BP in America: Deepwater Gulf of Mexico" (PDF). bp.com. BP. Retrieved 26 April 2016.
  20. ^ a b "BP America: Deepwater Gulf of Mexico" (PDF). bp.com. BP. Retrieved 8 April 2015.
  21. ^ Annual Report 2015, p. 4.
  22. ^ Starr Spencer (20 April 2012). "Before there was an oil spill, what was later called Macondo had a rich past". Platts. Retrieved 15 April 2013.
  23. ^ Susan Buchanan (25 March 2013). "Judge says two BP contractors not at fault". Louisiana Weekly. Retrieved 11 April 2013.
  24. ^ Annual Report 2015, p. 222.
  25. ^ a b "BP's US Economic Impact 2014: Alaska" (PDF). bp.com. BP. Retrieved 8 April 2015.
  26. ^ Annual Report 2015, p. 230.
  27. ^ Cite error: The named reference miner311012 was invoked but never defined (see the help page).
  28. ^ Annual Report 2015, p. 231.
  29. ^ a b Cite error: The named reference Pulsinelli2014 was invoked but never defined (see the help page).
  30. ^ a b Cite error: The named reference Gebrekidan2012 was invoked but never defined (see the help page).
  31. ^ a b Cite error: The named reference Rouan2012 was invoked but never defined (see the help page).
  32. ^ Cite error: The named reference Hasterok2012 was invoked but never defined (see the help page).
  33. ^ Cite error: The named reference ZacksJun2012 was invoked but never defined (see the help page).
  34. ^ Cite error: The named reference BPUSExploration was invoked but never defined (see the help page).
  35. ^ "United States: Refining". BP. 2012. Retrieved 25 July 2012.
  36. ^ a b Dezember, Ryan (6 March 2012). "BP Draws Buyer Interest in Two Refineries". The Wall Street Journal. Retrieved 7 June 2012.
  37. ^ Haggett, Scott (24 July 2012). "BP-Husky Toledo refinery set for September turnaround". Reuters UK. Retrieved 27 July 2012.
  38. ^ "BP-Husky OKs $2.5B for project to boost oil volume". Toledo Blade. 1 December 2010. Retrieved 30 July 2012.
  39. ^ T.J. Aulds (6 June 2012). "Rumor mill in high gear over BP buyers". The Daily News (Galveston). Archived from the original on 11 July 2012. Retrieved 12 February 2013.
  40. ^ Bill Virgin (11 July 2001). "BP will retain Arco brand and low-price strategy". Seattle Post-Intelligencer. Retrieved 27 July 2012.
  41. ^ "ARCO". BP. 2012. Retrieved 25 July 2012.
  42. ^ a b "Petrochemicals". bp.com. BP. Retrieved 26 April 2016.
  43. ^ a b c "United States: Petrochemicals". BP. 2012. Retrieved 25 July 2012.
  44. ^ a b c d Blum, Jordan (6 January 2016). "BP sells Alabama petrochemical complex to Thai company". Fuel Fix. Retrieved 26 April 2016.
  45. ^ Buggs Sixel, Shannon (24 March 2005). "Texas City refinery is nation's third-largest". Houston Chronicle. Retrieved 25 July 2012.
  46. ^ "BP's Cooper River Plant Hits 35 Years". The Post and Courier. 19 November 2008. Retrieved 27 July 2012.
  47. ^ a b Steere, Tim (4 April 2016). "BP completes sale of Decatur plant". Birmingham Business Journal. Retrieved 26 April 2016.
  48. ^ Cite error: The named reference platts030413 was invoked but never defined (see the help page).
  49. ^ Cite error: The named reference bloomberg030413 was invoked but never defined (see the help page).
  50. ^ Annual Report 2015, p. 194.
  51. ^ Annual Report 2015, p. 4.
  52. ^ Ben Lefebrve (23 June 2012). "BP, Apache Evacuate Nonessential Staff From U.S. Gulf as Storm Nears". 4-Traders.com. Retrieved 27 June 2012.
  53. ^ Annual Report 2015, p. 4.
  54. ^ Steven Mufson (28 November 2012). "EPA suspends BP from new federal contracts in wake of oil spill". The Washington Post. Retrieved 8 April 2013.
  55. ^ Annual Report 2015, p. 222.
  56. ^ Annual Report 2015, p. 230.
  57. ^ Annual Report 2015, p. 231.
  58. ^ Annual Report 2015, p. 44.

Article is very biased

Article does not cover the company well. It is very biased and not neutral. True, oil is evil and anyone who uses oil is bad but we should still be neutral. Maserati Turbo (talk) 05:58, 20 May 2016 (UTC)[reply]