July 25, 2014 9:32 PM ET

Oil, Gas and Consumable Fuels

Company Overview of BP America, Inc.

Company Overview

BP America, Inc. produces oil and natural gas in the United States. It offers aviation and marine fuels, fuel cards, automotive lubricants, natural gas liquids, liquefied natural gas, natural gas, and power products and services, as well as blends and markets biofuels. The company also operates gasoline retail outlets; provides roadside assistance services; and manufactures solar panels. It has a solar manufacturing plant in Frederick, Maryland. The company was formerly known as BP-Amoco, Inc. The company was incorporated in 1974 and is based in Warrenville, Illinois. BP America, Inc. operates as a subsidiary of BP plc.

4101 Winfield Road

Warrenville, IL 60555-3521

United States

Founded in 1974

Key Executives for BP America, Inc.

Chairman
Head of Russia and Kazakhstan
Secretary
Age: 71
Group Head of Communications
Compensation as of Fiscal Year 2014.

BP America, Inc. Key Developments

BP America, Inc. Presents at IHS Energy CERAWeek 2014, Mar-04-2014 11:20 AM

BP America, Inc. Presents at IHS Energy CERAWeek 2014, Mar-04-2014 11:20 AM. Venue: Hilton Americas, Houston, Texas, United States. Speakers: J. Douglas Sparkman, President, East of the Rockies Fuels Value Chain.

BP and Arco to Pay $19.5 Million Settlement to Nevadans in Decade-Old Yerington Mine Pollution Battle

Rural neighbours of an abandoned World War II-era copper mine that has leaked toxic chemicals in northern Nevada for decades have won up to a $19.5 million settlement from companies they accused of covering up the contamination. Atlantic Richfield Co. and its parent BP America Inc. acknowledged no wrongdoing under the agreement, which also calls for them to pay $2.6 million in attorney fees to the legal team that represented about 700 past and present neighbours of the old Anaconda mine built in 1941 on the edge of Yerington about 65 miles southeast of Reno. Residents said in a class-action suit filed in 2011 that the companies had "intentionally and negligently" concealed the extent of uranium, arsenic and other pollutants leaking into their drinking water wells from the mine covering 6 square miles - an area equal to 3,000 football fields. The companies agreed to pay $7 million in property damages and $900,000 to a medical monitoring fund. The final damages will depend on the cost of extending city water supplies to about 200 residents, estimated between $6.5 million and $12.5 million.

BP America, Inc. Announces Management Changes

BP plc has named John Ming the new chairman and president of BP America Inc. Ming, who becomes the company's chief representative in the United States, replaces Lamar McKay, who will serve as the chief of BP's Upstream business. Ming currently serves as the head of BP Alaska, a job he took over in January 2009. In that position, he oversaw BP's oil and gas exploration, development and production activities, as well as its interests in the Trans-Alaska pipeline.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 7, 2014
BP America, Inc., Gas Fields in Panhandle West and Texas Hugoton
Merger/Acquisition
January 28, 2014
BP plc, Aviation Turbine Oil Business
 

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