when did bp change its name to beyond petroleum
BP Under John Browne, British Petroleum acquired other oil companies, transforming BP into the third largest oil company in the world. British Petroleum merged with Amoco (formerly Standard Oil of Indiana) in December 1998, becoming BP Amoco plc.[81][82] Most Amoco stations in the United States were converted to BP's brand and corporate identity. In 2000, BP Amoco acquired Arco (Atlantic Richfield Co.) and Burmah Castrol.[83][84][85][86] As part of the merger's brand awareness, the company helped the Tate Modern gallery of British Art launch RePresenting Britain 1500â€“2000.[87] In 2001, in response to negative press on British Petroleum's poor safety standards, the company adopted a green sunburst logo and rebranded itself as BP ("Beyond Petroleum") plc.[82]
History of the petroleum industry in the United States Petroleum became a major industry following the oil discovery at Oil Creek Pennsylvania in 1859. For much of the 19th and 20th centuries, the US was the largest oil producing country in the world. As of October 2015, the US was the world's third-largest producer of crude oil.[1]