Power firm bp Southern Africa (bpSA) on Could 9 celebrated its hundredth 12 months of operation in South Africa and says it should use this milestone to refresh and re-energise for the following century and past.
To sign its dedication to a long-term future in South Africa, bpSA has designed a particular 100-year identifier, through which the double zero has been transformed to the well-known “lazy eight” signal for infinity.
“From our forecourt to our companions in retailing, storage and distribution, we’re devoted to remaining a forward-looking, accountable and efficient steward of South Africa’s vitality provide networks for so long as the nation wants us,” CEO Taelo Mojapelo says.
Over the previous 100 years, bpSA has advanced from the Atlantic Refining Firm of Africa, integrated in 1924, to the well-known model seen at present on all South Africa’s main highways and concrete areas. Its diverse historical past has included refining gas and coal mining – each of which it has now exited.
It has willingly taken on its accountability to assist with training, expertise, enterprise growth and transformation of the native vitality sector.
Amongst a number of the highlights of the previous 100 years are that bpSA was the primary native oil group to beat the federal government’s deadline for a lead abatement technique for fuels; one of many first in its sector to implement a black financial empowerment deal by forming a three way partnership firm managed and managed by traditionally deprived South Africans (Masana Petroleum Options); and the primary worldwide oil firm in South Africa to nominate a feminine CEO.
To information the following stage of bpSA’s journey, its management has drawn up a strategic roadmap for the long run.
Its targets are, firstly, to broaden and high-grade the portfolio of over 500 service stations, whereas rising the variety of forecourts owned by black entrepreneurs or run by black franchisees.
Secondly, it intends to redefine comfort retailing by upgrading and increasing its forecourt choices.
Thirdly, it’s engaged on optimising its provide mannequin, by implementing a strong, built-in product and provide chain that may drive topline development.
bpSA’s technique suits into the worldwide group’s broader concentrate on reimagining vitality, as bp pivots from being a world oil firm that produces assets to an built-in vitality firm that delivers options for purchasers. By specializing in resilient hydrocarbons; comfort and mobility; and low carbon vitality, bp is making certain that it stays related to future generations by adapting to an evolving market and the wants of individuals and the planet.
