Piping Profits

Piping Profits

PWYP Norway can reveal that ten of the world’s most powerful oil, gas and mining companies own 6,038 subsidiaries and over a third of them are based in secrecy jurisdictions. The three Norwegian companies mapped own 55 subsidiaries, 20% of which are based in secrecy jurisdictions. On these pages you will find more information about this project, the detrimental effects of secrecy jurisdictions and how these can be tackled. The database is publicly available and can be explored here.

Due to lack of resources, it will not be continually updated, but nevertheless represents an excellent snapshot of extractive industries and their subsidiaries in 2011. The Piping Profits database includes information on the 13 case studies and their 6,093 subsidiaries, containing details of:

  • The Parent Company
  • The Subsidiary Name
  • The location in which the subsidiary is incorporated
  • The percentage of the subsidiary owned by the parent company

Below it is possible to search in the database by company, country and/or subsidiary, and using the buttons below the list of findings, it is possible to export the data to Excel.

Company Country Subsidiary Percent owned
Conoco Phillips Holdings Co. USA Venture Coke Company 50.00
BP Østerrike Adamol Mineralolhandels GmbH 100.00
BP Østerrike Ruehl Gesallschaft m b H & Co KG 100.00
BP Nederland BP Pipelines Vietnam B V 100.00
BP Tyskland Castrol Russia Gmbh 100.00
BP Tyskland Konsortium Deutsche Transalpine Oelleitung GbR 14.50
BP Tyskland TFSS Turbo Fuel Services Saschen GbR 16.67
BP Sverige Malmo Fuelling Services AB 33.00
BP Australia Elite Customer Solutions Pty Limited 100.00
BP Spania Sistema Integrado de gestion de aceites usados S L 15.00
BP Frankrike BP Polypropelene France 100.00
BP De forente arabiske emirater Sharjah Aviation Services Co LLC 49.00
BP India BP India Services Private Ltd 100.00
BP Barbados BP (Barbados) Holding SRL 100.00
BP Serbia Castrol d o o Beograd 100.00
BP Storbritannia Holdings BBG Ltd 100.00
BP Kina South China Bluesky Aviation Oil Co Ltd 24.50
BP USA ARCO Environmental Remediation LLC 100.00
BP USA 33 North Lorel Ltd Partnership 99.00
BP Canada Dome Beaufort Petroleum Ltd 100.00
BP USA BP Capital Markets America Inc 100.00
BP USA ARCO Zhenhai Petrochemical LLC 100.00
BP USA Amoco International Petroleum Company 100.00
BP Venezuela Petropenja S A 40.00
BP USA ARCO Exploration Inc 100.00
BP USA ARCO Neftegaz Holdings Inc
BP USA Highlands Ethanol LLC
BP USA Sherbino I Holdings LCC
BP USA BSPE LP
BP USA BP Egypt Company
  • Number of subsidiaries: 6093