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Jenny"o"
What are all the companys BP owns?
I have been hearing that they also own Hess, and 7/11. Just wanted to know some facts. Thanks for the help guys =)
BP has made many mergers and acquisitions in the past.
Here are some of the notable ones:
Standard Oil of Ohio (Sohio) - 1978
Standard Oil of Indiana (Amoco) - 1998
ARCO (Atlantic Richfield Co.) - 2000
Burmah Castrol - 2000
TNK-BP (BP has 50% of this ex-soviet block petrol joint venture - They went through a series of legal disputes in the recent years - represents 20% of BP global reserve, 25% of production, and 10% of profit)
If you want a detailed history of all M&A's by BP, go to this site. It has a very detailed history of all dealings.
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