Former name of BP, p.l.c. The name "British Petroleum" remains in use because "BP" is useless for internet searches. Third largest oil company in the world, by sales (behind Exxon Mobile and Royal Dutch Shell; in 2009, these were $246.1 billion.

BP is the largest oil and gas producer in the US.

Lessor of Deepwater Horizon offshore drilling platform in the Gulf of Mexico. On 20 April 2010, a fire and explosion on the Deepwater Horizon killed eleven crew members and was followed by a blowout, during which perhaps four million barrels of crude oil were poured into the ecologically sensitive area.

Company was founded in 1909 by William Knox D'Arcy as the Anglo-Persian Oil Company (APOC), and used its ties with the hapless Qejar Dynasty ruling Iran.

In 1925, Reza Khan (formerly an employee of APOC) had himself proclaimed Shah; his ascendancy from commoner to emperor was stimulated by Iran popular anger at the way APOC was pumping billions of pounds from Iran's land to the Exchequer of the UK, while a ridiculously small amount went to Iran itself. Shah Reza promised to revise the agreement with APOC, but after 7 years of negotiating with the company, got nothing more than a name change (to Anglo-Iranian).

In 1951, Prime Minister Muhammad Mussadegh nationalize the company's assets in Iran. On behalf of AIOC, MI-5 and the CIA staged a coup d'etat that ousted the democratically elected Prime Minister in favor of absolute dictatorship by the Shah (1953).
Until 1997, British Petroleum was part of an industry-wide consortium that funded climate change "skepticism."

Although it is financially and legally unrelated to the British government, BP has historically been treated by the British FCO as if it were an arm of the state.
by Primus Intra Pares July 16, 2010
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A highly overpaid major typically chosen by douchebags who have already decided how they will spend their massive paycheck. Most of which drop out once they realize the complexity of the major. Those who complete four years of a mix between mechanical engineering, physics and geology rightfully earn the $110k starting salary.
Hey look at chad over there!

What? You mean his pink lacoste polo and snapback?

Did you hear he's majoring in petroleum engineering?

Look at him trying to pick up that chick with his acceptance letter to Colorado School of Mines.

Hah I give him 9 weeks before he drops
by MacandoMcFly October 23, 2013
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After months and sometimes years of analysis, Engineers and tons of money is used to drill holes down the ground to find Oil. They do perforations to the location at the end of their drilling in the ground to get the oil flowing in the pipes from ground to the surface.

After this exercise, which took so long and a lot of money and a lot of heavy equipments and machines:

1) If Petroleum Engineers find only Gas coming from the ground, then Petroleum Engineers achieve 30% Hearbreak.
1) If Petroleum Engineers find only Water coming from the ground, then Petroleum Engineers achieve 50% Hearbreak.
1) If Petroleum Engineers find nothing coming from the ground, then Petroleum Engineers achieve 100% Hearbreak.
We been drilling all night and nothing is coming out of this feat, I think we are lead towards a petroleum heartbreak.
I came here to drill, but i dont care if it leads to a petroleum heartbreak
by pyrocute July 19, 2013
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What we all know as "vaseline". Vaseline is the name of a petroleum jelly brand.
Petroleum jelly can prevent chapped hands and lips.
by untiteqm September 6, 2023
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Expensive Petroleum is when you are low on petrol and you go to an expensive gas station and ask if you can pay for the petrol and they say €300+ . You watch so much Harry Potter you say EXPENSIVE PETROLEUM (expecto patronum is in Harry Potter)
You: How much for the petrol?

Shopkeeper: €500

You: (watches to much Harry Potter) EXPENSIVE PETROLEUM!!
by BoonJr1 July 16, 2022
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The act of feeling envious towards another region's gasoline/petrol prices.
New Yorker: "Gas over here is down to $3.29 per gallon. I just filled up today."

Californian: "It's $4.57 over here. You have no idea how petroleum jelly I am of you right now."
by MiniPizzaHitman October 18, 2012
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