OLD BP GASOLINE PUMP DESIGN Low-poly 3D model

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BP History BP PLC, formerly known as Anglo-Persian Oil Company, Ltd., was founded on April 14, 1909. Initially registered under this name, it would undergo several transformations over the years. In 1935, the company's name changed to Anglo-Iranian Oil Company, Ltd. Then, in 1954, it became known as British Petroleum Company Limited. This name change occurred again in 1982 when it adopted the title of British Petroleum Company PLC. Following a merger with Amoco Corporation in 1998, the company took on the name BP Amoco before settling on BP PLC in 2000. The corporation's headquarters are located in London. The Anglo-Persian Oil Company was established to oversee an oil-field concession granted by the Iranian government to English investor William Knox D'Arcy. The first successful oil wells were drilled at Masjed Soleymän, and crude oil was piped to a refinery built at Abädän, from which the first cargo of oil was exported in March 1912. Other Iranian fields and refineries were developed, with Abädän boasting the world's largest single refinery by 1938. The concession underwent revisions in 1933, experienced a brief suspension between 1951 and 53, and was renewed in 1953 as part of a consortium with other oil companies. By 1914, the British government had become the company's principal stockholder and retained this position. On January 1, 1955, British Petroleum became a holding company. Starting from 1977, the British government gradually sold its shares to the public, eventually transferring full ownership of British Petroleum to private shareholders in the late 1980s. This move paved the way for British Petroleum to acquire Britoil PLC, an independent oil company operating in North Sea fields. British Petroleum expanded into several countries, establishing significant interests in Alaska's Prudhoe Bay and the United Kingdom's sector of the North Sea. Notably, it made the first commercial discovery of natural gas in 1965 and a major oil field in 1970. In 1970, BP merged its U.S. assets with those of Standard Oil Company (Ohio), acquiring a controlling interest. The acquisition of the remainder of Standard Oil for almost $8 billion followed in 1987. Upon merging with Amoco in 1998, BP Amoco became one of the world's largest petroleum concerns. In 2010, an explosion on the Deepwater Horizon oil rig leased by BP released an estimated 4.9 million barrels of oil into the Gulf of Mexico, making it history's largest marine oil spill. The company subsequently paid billions in damages to those affected. In 2012, BP agreed to pay over $4.5 billion in fines and penalties to the U.S. government, pleading guilty to 14 criminal charges. A civil trial in 2015 saw the company agree to a payment of some $20 billion. BP continues to engage in oil and natural gas exploration, production, refining, transportation, and distribution, as well as manufacturing chemicals, plastics, and synthetic fibers through its subsidiaries and associated companies. The corporation operates convenience stores and filling stations under brands like BP, Aral, ARCO, and am/pm. In the late 20th century, BP invested heavily in green energy, unveiling the slogan "Beyond Petroleum" in 2003. However, within a decade, the company had scaled back its renewable energy efforts, notably closing its solar energy unit in 2012.