| BP p.l.c. (BP) is a holding company. With effect from January 1, 2008, the Company operates in two business segments: Exploration and Production, and Refining and Marketing. A separate business, Alternative Energy, handles the Company's low-carbon businesses and options outside oil and gas and is referred as Other Businesses and Corporate. Exploration and Production's activities include oil and natural gas exploration, development and production (upstream activities), together with related pipeline, transportation and processing activities (midstream activities and the natural gas liquids (NGLs), liquefied natural gas (LNG) and gas, and power marketing and trading businesses. The activities of Refining and Marketing include the oil supply and trading, refining, marketing and transportation of crude oil, petroleum and chemical products. In April 2008, BP registered in Russia its subsidiary BP Exploration Services. |
