BP in Singapore
Beyond 2001
In Singapore, where the domestic market was
always small, the decision was made in 2004 to
sell the refining and retail businesses. Singapore
retained its status as the pre-eminent place in the
region to do business, with a business friendly
government, favourable terms of trade, a highly
educated population from whom staff of high
quality could be recruited, plus superb transport
and communications links to the rest of the world.
Since 2001, BP has retained its lubricants
blending plant in Jurong, and has developed its
Integrated Supply and Trading (IST) business using
Singapore as the hub for its trading network for
BP creates an inclusive working environment.
the Eastern Hemisphere – a geography that covers
half the world from the Middle East to New Zealand. IST was formed in 2001, two decades after BP had
begun to develop a trading business to manage the flow of oil and gas to its customers around the world.
Today, BP's main business activities in Singapore include the oil, gas, chemicals, carbon and
finance trading business for the Eastern Hemisphere. As well as the regional headquarters for
Shipping, Consumer Lubricants, Industrial Lubricants, Marine Fuel and Lubricants, and Aviation Fuels,
from which they serve international markets and customers. For the last 12 years, BP Singapore has
been the largest supplier of bunkering volumes in Singapore, based on Maritime Port Authority (MPA)
data. BP believes success comes from the energy of our people. Through living our values of Safety,
Respect, Excellence, Courage and One Team, we create an inclusive working environment where
everyone can make a difference and give their best. BP Singapore’s seven hundred staff are based at
the Harbourfront office, and Tepong Marine Lubricants Blending plant in Jurong.
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