The abbreviation BP most popularly refers to the British energy company which was originally British Petroleum. Donald Alexander Smith is the founding chairman of BP while the current CEO is John Browne of Madingley. The company’s CFO is Byron Grote.
The headquarters of BP is in London, United Kingdom. In the world, it is one of just six private sector vertically integrated petroleum, petroleum spirit and natural gas “supermajors”. It was in the year 2000 that the company was renamed BP and no meaning was given to the letters.
BP could also popularly refer to Bharat Petroleum Corporation Limited (BPCL), which is among the largest PSU companies in India. Ashok Sinha is the company’s current Chairman & MD. This company is basically concerned with the refining as well as retailing of petroleum products.