What it does: British Petroleum is involved in exploring, drilling or extracting, refining, distributing, marketing, and trading petroleum products and natural gas. The company is involved in generating electrical power. Some of the products the company produces and sells include premium motor spirit, liquefied natural gas, aviation fuel, etc.
Mission: The company has a new mission which is the reimagination of energy for the world
and to become a company with zero carbon emissions into the environment by the year 2050 or before. The company is also committed to helping the world achieve net zero carbon emissions.
Size and presence: British Petroleum has six offices in the U.K and employs around 2,300
workers.
Best known for: This company is known as one of the world supermajors of the global oil and gas industry, with a presence in over 70 countries. It's also one of the highest-earning companies in terms of revenue. BP won an award at the SPE Offshore Achievement Awards.
The good bits: The pay is according to industry standards. The company offers numerous benefits to its employees. The work culture is good.
The not-so-good bits: The job can be demanding.
The origin of this company can be traced to the early 20th century when Anglo-Persian Oil was established in 1908. It was established as a subsidiary firm of Burmah Oil Company focused on oil discoveries in Iran. Lord Strathcona became the first chairman and minority shareholder of this newly incorporated company. The first refinery was built in 1912 and commenced operations that same year. Two years later, the British government acquired roughly 50% stake in the company. Anglo-Persian Oil Company acquired British Petroleum in 1916. In 1923, Anglo-Persian gained exclusive rights to Persian Oil Resources. This company was later rebranded to Anglo-Iranian Oil Company. In 1954, this company was renamed the British Petroleum Company. The firm acquired a 40% stake in Iranian Oil Participants Ltd. In the 60s, the company gained renown for taking the most daring risks in the industry. This earned the company a lot of revenue, but it also
suffered significant setbacks. The company has been on a spree of strategic partnerships
and acquisitions worldwide.
The company’s culture is built on care for others, compliance for others, and collaboration. So the company functions like one big family with all hands on deck to achieve a common goal. The company believes in transparency and follows a strict code of conduct to ensure professionalism within the office environment. The company has a support-oriented environment with helpful co-workers and management staff. The firm also adopts the policy of inclusion and opens its doors to workers of all ethnic identities, religions, genders, and social statuses. The company is ideal for fresh graduates and interns.
British Petroleum funnels the large stream of applications by using a multi-stage hiring process to select the best candidates for vacant job roles:
British Petroleum offers rich career prospects to its employees, including interns, graduates,
and experienced professionals. The company has an accelerator skills program designed to
offer several digital learning experiences. Each virtual session has a duration of 75 minutes.
Fresh graduates, interns, and experienced professionals learn essential skills: acute
emotional intelligence, leveraging change, resilience, learning to unlearn, and partnering
with artificial intelligence. Even undergraduates in school have career opportunities in this
company where they can work during the holidays and gain helpful work experience.
A fresh graduate working at British Petroleum earns an average annual salary of £41,000.
The company is invested in reducing carbon emissions into the environment and making
great strides towards environmental sustainability. The company aims to achieve net zero
carbon emissions on or before 2030.
Though an oil and gas company can't be free of controversies, there are no widely published
involving British Petroleum.