Index/Organizations/BP

BP

British multinational oil and gas company

Fact-Checks

30 results
Dec 17, 2025
Most Viewed

Which major oil and mining assets were nationalized in Venezuela under Chávez and Maduro?

Hugo Chávez and his successor Nicolás Maduro oversaw waves of state takeovers and tighter state control over oil and mining assets, notably asserting majority or full state stakes in Orinoco heavy-oil...

Dec 17, 2025
Most Viewed

Which foreign oil companies lost holdings to Venezuela's nationalizations under Chávez and Maduro?

Hugo Chávez’s mid-2000s reassertion of state control over Venezuela’s oil sector and Nicolás Maduro’s continuation of that policy led to the effective loss or forced reduction of foreign companies’ op...

Dec 1, 2025
Most Viewed

Venezuela largest oil reserves

Venezuela is widely reported as holding the world’s largest proven oil reserves—commonly cited around 303 billion barrels in 2025—placing it ahead of Saudi Arabia and Iran in several recent compilatio...

Dec 17, 2025

Which international oil companies had assets seized by Hugo Chávez and in what years?

Hugo Chávez’s government seized or nationalized foreign oil assets in multiple waves, most prominently in 2007 when it reasserted state control over Orinoco heavy‑oil projects operated by major intern...

Oct 28, 2025

venezuela has the world's largest oil reserves

Venezuela is widely reported to hold the largest *proven* crude oil reserves in the world, commonly cited around , a figure repeated by multiple industry and data compilations. The headline number is ...

Dec 18, 2025

What other foreign (non‑U.S.) oil firms had assets nationalized by Venezuela and what legal outcomes followed?

Venezuela’s nationalizations over decades swept up not only U.S. oil majors but a broad array of foreign (non‑U.S.) firms — European and regional partners in joint ventures — and several of those comp...

Jan 3, 2026

Which oil companies were expropriated by Venezuela and how much was owed to each?

Venezuela’s 2007 hydrocarbon nationalizations led to high-profile seizures of assets from several foreign oil firms — most notably ConocoPhillips and ExxonMobil — triggering multiple international arb...

Dec 7, 2025

just stop oil funded by oil companies

Just Stop Oil is not shown in available reporting to be funded by oil companies; multiple mainstream sources state its primary backers are the US-based Climate Emergency Fund and public donations, wit...

Dec 21, 2025

How did the 1997 'Oil Opening' change foreign investment in Venezuela and which companies entered the Orinoco belt?

The 1997 “Apertura Petrolera” (Oil Opening) fundamentally shifted Venezuela from exclusive state control toward a hybrid model that invited foreign capital and technology into the Orinoco heavy‑oil be...

Dec 17, 2025

Which foreign oil companies had operations seized by Venezuela and what compensation was paid?

Available reporting does not list foreign oil companies whose operations inside Venezuela were seized in the recent U.S. operation; reporting centers on a U.S. seizure of a tanker (the Skipper) carryi...

Dec 21, 2025

How have ConocoPhillips and ExxonMobil pursued collection of their awards—court seizures, settlement talks, or asset attachments?

ConocoPhillips and ExxonMobil both obtained international arbitration awards after Venezuela’s 2007-2010-era seizures of assets and have pursued collection primarily through international arbitration ...

Dec 12, 2025

Which modern energy corporations trace their origins to Standard Oil and how dominant are they today?

Several of today’s biggest oil companies — most notably ExxonMobil and Chevron — trace directly to Standard Oil’s 1911 breakup; other modern majors such as BP, Marathon and Saudi Aramco also have sign...

Nov 1, 2025

Does BP Statistical Review 2023/2024 list Venezuela as having the largest proven oil reserves?

BP’s Statistical Review historically lists Venezuela as the country with the world’s largest proven oil reserves, roughly , and multiple independent datasets and summaries continue to report the same ...

Nov 15, 2025

How much of climate change is actually caused by individuals, instead of huge companies?

Estimates in the reporting provided stress that individuals contribute meaningful but limited shares of emissions compared with large industrial actors: many pieces argue that systemic sources—industr...

Oct 10, 2025

What were some of the key issues Pam Bondi focused on during her time as Florida Attorney General?

Pam Bondi’s tenure as Florida Attorney General emphasized , rooted in her prosecutorial background and landmark actions after the 2010 Deepwater Horizon oil spill, alongside controversies over transpa...

Jan 9, 2026

Which companies and countries own the largest shares of historical fossil fuel production?

Global fossil fuel production is concentrated in a relatively small group of countries—chiefly China for coal, the United States and Saudi Arabia for oil, and the U.S. and Russia for gas—while a handf...

Jan 9, 2026

How much oil was stolen by Venezuela from BP?

There is no factual, sourced figure in the reporting that quantifies "how much oil was stolen by Venezuela from BP"; major outlets and experts describe nationalisations and restructurings of foreign o...

Jan 7, 2026

Which Venezuelan oil projects (by name) were expropriated in 2007 and which companies originally operated them?

In 2007 the Venezuelan government moved to take operational control of major foreign-run heavy‑oil projects in the Orinoco Belt, most notably seizing ExxonMobil’s Cerro Negro and La Ceiba projects and...

Jan 7, 2026

What oil companies were nationalized in Venezuela

Venezuela nationalized its oil industry in two major waves: a broad, legal nationalization that created state oil company PDVSA on January 1, 1976, and a later campaign under President Hugo Chávez in ...

Jan 6, 2026

How do OPEC and the EIA calculate and reconcile differences in national proven oil reserves?

OPEC and the U.S. Energy Information Administration (EIA) both report “proven” oil reserves but use different reporting chains, definitions and data sources, which produces persistent discrepancies ra...