BRITISH PETROLEUM: WHO OWNS IT?

By Salvatore Scimino

January 8, 2013 

 

Fuente: El Blog Salmón

 

A lot of people want to know who owns British Petroleum. We have found an article which will give readers an idea of BP´s owners and therefore the money power it wields. It tells who owns what, where it is and how much each owner has. 

 

It very important to know this information because BP is the company behind the recent Deep Horizon oil spill in the Gulf of Mexico and also because this corporation has got a lot of money invested in genomics ventures with the J. Craig Venter Institute (JCVI), the laboratory that created the first artificial life form nicknamed Synthia (Mycoplasma laboratorium), a project which took 12 years of research and 40 million dollars to achieve (Fig. 1).

 

Figure 1. The first synthetic organism, Synthia (Mycoplasma laboratorium). Source: The Synthetic Bestiary.

 

BP has an investment alliance with the JCVI to develop new microbes with laboratory created genomes to be injected along with nutrients into prospected oil reservoirs. These GM critters would then multiply deep down in the well which would result in improved flow of gas and oil out of the reservoir and of course also in a lot more profit.  This process is called Microbial Enhanced Oil Recovery (MEOR) (Video 1).

 

                                Video 1. Microbial Enhanced Oil Recovery (MEOR).

 

It does not matter how you look at MEOR, this process is messy, for it uses other nasty chemicals and surfactants which if spilled are harmful to the environment, wildlife and humans. 

 

So make sure you don´t go jacking around too much with your car. The less you use your tonne of iron, tin and plastic (your vehicle), the less you will contaminate Mother Nature and the more your grandchildren will thank you for it in the future. 

 

Let us hope this fucking oil craziness (Video 2) croaks soon so that Nature can reestablish its balance for the sake of all of the inhabitants on planet Earth.

 

                                         Video 2. Gulf of Mexico oil spill.

 

 

But before we sign off we should mention one thing. Here is one big problem. What would it happen if these GM microbes used in MEOR escaped into the environment and started eating out carbon-based life forms? Since we humans are carbon-based life creatures, we would be in deep trouble. Hereby lies the danger.  

 

Man (Homo insapiens) is really fucking crazy!

 

Some people suspect these GM microbes are already creating havoc amongst animals and crops in the US, particularly those microorganisms that were used to clean up (eat) the mess left by the Deep Horizon oil spill (Video 3).

 

                      Video 3. Venter synthetic bacteria preying on more than just oil?

 

 

BP is playing God. It is trying to fool Mother Nature. And you cannot fool Mother Nature and get away with it. Nature always punishes and when she does she hits very hard indeed. Mother Nature is the boss!

 

Anyhow, here is the article taken verbatim from Corporate Watcher for your information:

----------------------------------------------------------------------------------------------

Source: Corporate Watch

"BP plc

www.bp.com

Who, Where, How Much?

• Structure/Ownership
• BP's Board of Directors
• Subsidiaries

Structure/Ownership

 

BP Group is the top level of the company hierarchy. For organisational purposes Group is divided into 4 divisions: Exploration & production, Oil, Chemicals and Gas & Power (see divisional chief executives above). Figures for production volumes and financial performance are reported separately for each division in BPs quarterly Financial and Operating Information. Most senior figures within BP Group including John Browne himself have made their way up through exploration and production, and despite BPs re-branding as an environmentally aware energy company it is this division which continues to drive the direction of the group.

Top Institutional Holders of BP[110]	Shares	Value
State Street Corporation	74,838,292	$3,708,237,369
FMR Corporation(Fidelity Management & Research Corp)	45,746,425	$2,266,735,359
AXA Financial, Inc.	44,415,420	$2,200,784,061
UBS Warburg LLC	16,933,090	$839,034,610
Morgan Stanley Dean Witter & Company	16,617,457	$823,394,994
Barrow, Hanley Mewhinney & Strauss, Inc.	15,631,424	$774,537,059
Bank of America Corporation	15,402,166	$763,177,325
Citigroup Inc.	13,230,389	$655,565,775
First Union Corporation	12,831,490	$635,800,330
State Farm Mutual Automobile Insurance Co	12,228,148	$605,904,733

Top Mutual Fund Holders of BP[111]	Shares	Value
Fidelity Contrafund Inc	11,639,166	$576,720,675
Vanguard/Windsor II	11,098,572	$549,934,243
Alliance Premier Growth Fund	8,291,672	$410,852,348
Fidelity Growth And Income Portfolio	7,362,220	$364,798,001
Fidelity Equity-Income Fund	7,162,404	$354,897,118
Massachusetts Investors Trust	6,858,598	$339,843,531
Fidelity Magellan Fund Inc	6,368,842	$315,576,121
Variable Insurance Products...
Fd-Equity-Income Portfolio	5,970,742	$295,850,266
Putnam Fund For Growth And Income	5,825,526	$288,654,813
Price (T.Rowe) Equity Income Fund	5,071,026	$251,269,338

BP's Board of Directors

 

Sutherland, Peter D.
Co-Chairman of the Board

Age: 53 Peter Sutherland was a non-executive director of BP from 1990 to 1993 and rejoined the board in 1995, he was appointed chairman of BP in May 1997 [49]. His other interests include chairmanship of Goldman Sachs International and a position as a non-executive director of Telefonaktiebolaget LM Ericsson, Investor AB and ABB [50]. In addition, he is on the advisory board of the US 'Council on Foreign Relations' [51] who at July 9th, 2001 bear the headline "The Collapse of the Kyoto Protocol and the Struggle to Slow Global Warming" on the front page of their website [52]. Sutherland is also chairman of the US 'Overseas Development Council' who work to emphasise 'America's national interests in multilateral engagment' [53].

Buchanan, John G.
Chief Financial Officer

Age: 56 John Buchanan, chief financial officer, was appointed an executive director of BP in 1996. He is a non-executive director of Boots, the UK cosmetics and pharmaceuticals retailer and a member of the UK Accounting Standards Board [54].
  

Block, Ruth S.
Director

Age: 69 One of only 2 women at the top of the company Ruth Block joined Amoco's board in 1986 [55]. She retired as executive vice president and chief insurance officer of The Equitable (The UK insurer) in 1987 [56]. She is a non-executive director of Ecolab [57] who serve clients within the fields of Agribusiness, Building Servives, Dairy Processing, healthcare, pharmaceuticals, Pest Elimination and vehicle services [58]. She is also a director of Alliance Capital Mutual Funds (www.alliancecapital.com)

Bryan, John H.,
Position: Director

Age: 63 John Bryan joined Amoco's board in 1982, he is also chairman and chief executive officer of Sara Lee Corporation [59] who manufacture and market foods, underwear and household products worldwide [60]. He is also a non-executive director of Bank One Corporation (www.bankone.com), General Motors Corporation and Goldman Sachs [61].

Davis, Jr. Erroll B.
Director

Age: 55 Erroll B. Davis, Jr. joined Amoco's board in 1991. He is president and chief executive officer of Alliant Energy [62], which is an energy provider to consumers in the American mid-west [63]. He is a non-executive director of PPG Industries [64] which provides materials for manufacturing, construction, automotive industry and chemical processing [65]. In addition he is a member of the American Society of Corporate Executives and the Association of Edison Illuminating Companies [66], the association for US and international (shareholder-owned) electric companies [67]. He is also a member of the Wisconsin Association of Manufacturers and Commerce, the Iowa Business Council and the Edison Electric Institute: [68] 'The association of US shareholder-owned electric utilities and international affiliates' [69]. He is a member of the Nuclear Energy Institute, [70] whose purpose is to foster and encourage the continued safe utilization and development of nuclear energy in the US [71]. He is also a trustee of Carnegie Mellon University [72].

Ferris, Richard J.
Director

Age: 63 Richard Ferris joined Amoco's board in 1981. He retired as co-chairman of Doubletree Corporation [73] which manages resorts and business hotels [74], in 1997. He is a non-executive director of The Proctor & Gamble Company [75] (Pharmaceuticals & Cosmetics).

Knight, Charles F.
Director

Age: 64 Charles Knight joined BP's board in 1987. He is chairman and chief executive officer of Emerson Electric [76] who supply hi-tech engineering equipment to companies including BP [77] and is a non-executive director of Anheuser-Busch [78] whose operations are focused on beer, adventure park entertainment and packaging [79] and of Morgan Stanley Dean Witter [80], Financial services (www.morganstanley.com), IBM and SBC Communications [81], the US telecomunications Company [82].

Maljers, Floris A.
Director

Age: 66 Floris Maljers joined Amoco's board in 1994. He is a member of the supervisory boards of SHV Holding [83] whose business encompasses LPG, Food, Recycling and Venture Capital; [84] Vendex N.V. [85] who market consumer goods in the Netherlands, Belgium, France, Germany, and the US; [86] and KLM Royal Dutch Airlines [87]. He is chairman of the supervisory board of the Amsterdam Concertgebouw and Rotterdam School of Management, Erasmus University [88].

Massey, Walter E.
Position: Director

Age: 61 Walter Massey first joined Amoco's board from 1983 to 1991, he rejoined in 1993. He is president of Morehouse College and is a non-executive director of Motorola (electronics company), Bank of America, McDonald's Corporation (fast food), the Mellon Foundation and the Commonwealth Fund [89], a private foundation which funds research on health [90].

  

Miles, H. Michael P.
Director

Age: 63 Michael Miles joined BP's board in 1994. He is chairman of Johnson Matthey and a non-executive director of ING Baring Holdings and BICC [91], both finance companies.

  

Nicholson, Robin
Director

Age: 65 Sir Robin joined BP's board in 1987, his past positions include chairmanship of Pilkington Optronics from which he retired in November 1998 [92]. Pilkington is the leading UK supplier of Electro-optic equipment [93]. He is a non-executive director of Rolls-Royce [94] the UK based automobile, aerospace and arms company, and a member of the UK Government's Council for Science and Technology [95].

Prosser, Ian
Deputy Chairman of the Board

Age: 56 Sir Ian joined BP's board in 1997 and was appointed deputy chairman in February 1999. He is chairman and chief executive of Bass (UK Brewers), a non-executive director of Glaxo-SmithKline (Pharmaceuticals) and vice president of the council of the Brewers and Licensed Retailers Association (UK) [96].

  

Wilson, Michael H.
Director

Age: 62 Wilson joined the board of Amoco in 1993, His other interests include his position as vice chairman and a director of RBC Dominion Securities and as a non-executive director of Manufacturers Life Insurance Company and of Rio Algom [97].
  

Wilson, Robert
Director

Age: 56 Sir Robert joined BP's board in July 1998. He is chairman of Rio Tinto, the notorious mining corporation and a non-executive director of Diageo [98] (Food and drink corporation [99]).
  

Wright, Lord
Director

Age: 68 Wright joined BP's board in 1991, having previously been Permanent Under-Secretary and Head of the UK Diplomatic Service. He is a non-executive director of De La Rue [100] the global 'cash transactions' business [101].

Hanratty, Judith C.
Secretary

Age: 56 Judith Hanratty joined BP in London in 1986 and was appointed company secretary in October 1994. She is a nominated member of the Council of Lloyds (the London Insurance Market), a member of the Competition Commission (formerly the UK Monopolies and Mergers Commission), and a member of the Listing Authorities Committee of The London Stock Exchange and the Takeover Panel (UK). She is also a governor of the College of Law and a Fellow of Lucy Cavendish College, Cambridge [102].
  

Browne, John
Group Chief Executive, Director

Age: 52 Often the public face of BP, Lord Browne was appointed an executive director in 1991 and group chief executive in 1995. He is a non-executive director of Goldman Sachs Group and of Intel Corporation (computer components); a trustee of the British Museum and a member of the supervisory board of Daimler Chrysler (automobile manufacturers). He is also vice president and a member of the board of the Prince of Wales' Business Leaders Forum [103]. He is said to be a cool-headed man who lives and breathes BP. He's one of the key characters credited with turning BP around since 1992.

Chase, Rodney F.
Deputy Group Chief Executive, Director

Age: 56 Rodney Chase was appointed an executive director of BP in 1992. When not at the helm of BP, he is a non-executive director of Diageo (Food and drink corporation) and the BOC Group [104] (chemicals).

Ford, Doug,
Chief Executive, Refining and Marketing

Age: 56 Doug Ford held a position as an executive vice president of Amoco from 1993 until January 2000 when he was appointed an executive director of BP Amoco. He is a non-executive director of USG Corporation [105] a US Fortune 500 corporation and manufacturer of building materials for the US construction industry [106].
  

Gibson-Smith, Chris S.
Executive Director, Policies and Technology

Age: 54 Chris Gibson-Smith, was appointed an executive director of BP in 1997. He is a non-executive director of Lloyds-TSB [107], the UK Bank.  

Olver, Richard L.
Chief Executive, Exploration and Production

Age: 53 Dick Olver, was appointed an executive director of BP in January 1998, he is also a non-executive director of Reuters Group [108] (News Agency).
  

Sanderson, Bryan
Chief Executive, Chemicals

Age: 59 Bryan Sanderson, was appointed an executive director of BP in 1992. He is chairman of Sunderland PLC, the British Football Club and a non-executive director of Corus, the UK Metals group, (http://www.corusgroup.com). He is president of CEFIC: the European Chemical Industry Council and vice president of the court of governors of the London School of Economics [109].

Subsidiaries

 

BP PLC, registered in England at Britannic House, 1 Finsbury Circus, London, is the overall BP holding company. First order subsidiaries of BP PLC include many national and regional divisions of BP such as: BP (Indian agencies) Ltd, BP Africa Ltd and BP China Ltd (all registered in England) The most notable first order subsidiary remains BP International Ltd (registered in England). Below the BP international umbrella lie many further subsidiaries such as BP America holdings Ltd (registered in England), BP America Inc (registered in USA) and BP Chemicals (International) Ltd (registered in England). Exploration and production (Ex-Pro.) is mostly divided into national subsidiaries under the BP Exploration Operating Co. Ltd, Ex-Pro. Subsidiaries include, for example: BP Exploration (Angola) Ltd and BP Exploration (Caspian Sea) Ltd. Most BP subsidiaries can be recognised by the BP or Amoco name although others include The Standard Oil Co. Inc and more obscure examples such as Grangemouth Polypropylene Ltd. Wholly owned UK subsidiaries are suffixed by the letters Ltd (Limited Liability Company) and most US subsidiaries by the letters Inc. (Incorporated). A full list of subsidiaries can be found in Who owns Whom (vol.1 - UK & Ireland) available in the UK at most major libraries.

 References

[49] Marketguide Executive Biographies, BP Board (July 28, 2000): http://yahoo.marketguide.com/mgi/biograph.asp?nss=yahoo&rt=
biograph&rn=A1D5C#Offr_153959
[50] http://yahoo.marketguide.com/mgi/biograph.asp?nss=yahoo&rt=
biograph&rn=A1D5C#Offr_153959
[51] http://yahoo.marketguide.com/mgi/biograph.asp?nss=yahoo&rt=
biograph&rn=A1D5C#Offr_153959
[52] www.cfr.org
[53] www.odc.org
[54] http://yahoo.marketguide.com/mgi/biograph.asp?nss=yahoo&rt=
biograph&rn=A1D5C#Offr_153959
[55] http://yahoo.marketguide.com/mgi/biograph.asp?nss=yahoo&rt=
biograph&rn=A1D5C#Offr_153959
[56] http://yahoo.marketguide.com/mgi/biograph.asp?nss=yahoo&rt=
biograph&rn=A1D5C#Offr_153959
[57] http://yahoo.marketguide.com/mgi/biograph.asp?nss=yahoo&rt=
biograph&rn=A1D5C#Offr_153959
[58] www.ecolab.com/
[59] http://yahoo.marketguide.com/mgi/biograph.asp?nss=yahoo&rt=
biograph&rn=A1D5C#Offr_153959
[60] www.saralee.com/
[61] http://yahoo.marketguide.com/mgi/biograph.asp?nss=yahoo&rt=
biograph&rn=A1D5C#Offr_153959
[62] http://yahoo.marketguide.com/mgi/biograph.asp?nss=yahoo&rt=
biograph&rn=A1D5C#Offr_153959
[63] www.alliantenergy.com/
[64] http://yahoo.marketguide.com/mgi/biograph.asp?nss=yahoo&rt=
biograph&rn=A1D5C#Offr_153959
[65] www.ppg.com/
[66] http://yahoo.marketguide.com/mgi/biograph.asp?nss=yahoo&rt=
biograph&rn=A1D5C#Offr_153959
[67] www.aeic.org/
[68] http://yahoo.marketguide.com/mgi/biograph.asp?nss=yahoo&rt=
biograph&rn=A1D5C#Offr_153959
[69] www.eei.org/
[70] http://yahoo.marketguide.com/mgi/biograph.asp?nss=yahoo&rt=
biograph&rn=A1D5C#Offr_153959
[71] www.nei.org/
[72] http://yahoo.marketguide.com/mgi/biograph.asp?nss=yahoo&rt=
biograph&rn=A1D5C#Offr_153959
[73] http://yahoo.marketguide.com/mgi/biograph.asp?nss=yahoo&rt=
biograph&rn=A1D5C#Offr_153959
[74] www.doubletree.com/
[75] http://yahoo.marketguide.com/mgi/biograph.asp?nss=yahoo&rt=
biograph&rn=A1D5C#Offr_153959
[76] http://yahoo.marketguide.com/mgi/biograph.asp?nss=yahoo&rt=
biograph&rn=A1D5C#Offr_153959
[77] Emerson electric website
[78] http://yahoo.marketguide.com/mgi/biograph.asp?nss=yahoo&rt=
biograph&rn=A1D5C#Offr_153959
[79] Anheuser-Busch website
[80] http://yahoo.marketguide.com/mgi/biograph.asp?nss=yahoo&rt=
biograph&rn=A1D5C#Offr_153959
[81] http://yahoo.marketguide.com/mgi/biograph.asp?nss=yahoo&rt=
biograph&rn=A1D5C#Offr_153959
[82] SBC Communications website
[83] http://yahoo.marketguide.com/mgi/biograph.asp?nss=yahoo&rt=
biograph&rn=A1D5C#Offr_153959
[84] SHV Holding website
[85] http://yahoo.marketguide.com/mgi/biograph.asp?nss=yahoo&rt=
biograph&rn=A1D5C#Offr_153959
[86] Vendex N.V. website
[87] http://yahoo.marketguide.com/mgi/biograph.asp?nss=yahoo&rt=
biograph&rn=A1D5C#Offr_153959
[88] http://yahoo.marketguide.com/mgi/biograph.asp?nss=yahoo&rt=
biograph&rn=A1D5C#Offr_153959
[89] http://yahoo.marketguide.com/mgi/biograph.asp?nss=yahoo&rt=
biograph&rn=A1D5C#Offr_153959
[90] www.cmwf.org/
[91] http://yahoo.marketguide.com/mgi/biograph.asp?nss=yahoo&rt=
biograph&rn=A1D5C#Offr_153959
[92] http://yahoo.marketguide.com/mgi/biograph.asp?nss=yahoo&rt=
biograph&rn=A1D5C#Offr_153959
[93] www.optronics.co.uk/
[94] http://yahoo.marketguide.com/mgi/biograph.asp?nss=yahoo&rt=
biograph&rn=A1D5C#Offr_153959
[95] http://yahoo.marketguide.com/mgi/biograph.asp?nss=yahoo&rt=
biograph&rn=A1D5C#Offr_153959
[96] http://yahoo.marketguide.com/mgi/biograph.asp?nss=yahoo&rt=
biograph&rn=A1D5C#Offr_153959
[97] http://yahoo.marketguide.com/mgi/biograph.asp?nss=yahoo&rt=
biograph&rn=A1D5C#Offr_153959
[98] http://yahoo.marketguide.com/mgi/biograph.asp?nss=yahoo&rt=
biograph&rn=A1D5C#Offr_153959
[99] Diageo corporation website
[100] http://yahoo.marketguide.com/mgi/biograph.asp?nss=yahoo&rt=
biograph&rn=A1D5C#Offr_153959
[101] www.delarue.com/
[102] http://yahoo.marketguide.com/mgi/biograph.asp?nss=yahoo&rt=
biograph&rn=A1D5C#Offr_153959
[103] http://yahoo.marketguide.com/mgi/biograph.asp?nss=yahoo&rt=
biograph&rn=A1D5C#Offr_153959
[104] http://yahoo.marketguide.com/mgi/biograph.asp?nss=yahoo&rt=
biograph&rn=A1D5C#Offr_153959
[105] http://yahoo.marketguide.com/mgi/biograph.asp?nss=yahoo&rt=
biograph&rn=A1D5C#Offr_153959
[106] USG corporation website
[107] http://yahoo.marketguide.com/mgi/biograph.asp?nss=yahoo&rt=
biograph&rn=A1D5C#Offr_153959
[108] http://yahoo.marketguide.com/mgi/biograph.asp?nss=yahoo&rt=
biograph&rn=A1D5C#Offr_153959
[109] http://yahoo.marketguide.com/mgi/biograph.asp?nss=yahoo&rt=
biograph&rn=A1D5C#Offr_153959
[110] http://biz.yahoo.com/hd/b/bp.html - Data provided by Vickers Stock Research
[111] http://biz.yahoo.com/hd/mf/b/bp.html - Data provided by Vickers Stock Research"

Source link:

http://www.corporatewatch.org/?lid=288

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References

Alvarado V. & Manrique E. (2010). Enhanced Oil Recovery: Field Planning and Development Strategies. Gulf Professional Publishing, Burlington, MA, USA. 192 p.

Church G. Regis E. (2012). Regenesis. How Synthetic Biology Will Reinvent Nature and Ourselves. Basic Books, Philadelphia, PA, USA. 270 p.
 

Donaldson E. C., Chilingarian G. V. & Yen T. F. (Eds.) (1989). Microbial Enhanced Oil Recovery. Developments in Petroleum Science Nº 22. Elsevier Science Publishers B.V., Amsterdam, The Netherlands. 227 p.

Sheng J. J. (2011). Modern Chemical Enhanced Oil Recovery: Theory and Practice. Gulf Professional Publishing, Burlington, MA, USA. 617 p.

Venter J. C. (2007). A Life Decoded. My Genome: My Life. Penguin Group, New York, NY, USA. 390 p. 

 

 

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