COVID Stimulus Watch Individual Entry

Recipient Company:
BP CAP MARKETS AMERICA
Loan or Loan Guarantee Amount:
$7,456,992

Recipient Details

Ownership Structure: publicly traded (ticker symbol LSE: BP)

Award Details

Award Date: Jul 10, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...

Parent Company Data

Parent Company: BP
Headquartered in: United Kingdom
Parent Sector: oil and gas
Parent Industry: oil & gas
Employees (prior to pandemic): 70,100

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $5,400,000
Contracting icon
Government-contracting-related Penalties: $127,689,800
Environment icon
Environmental / Healthcare / Safety Penalties: $33,458,836,060
ConsumerProt icon
Consumer Protection / Financial / Competition-related Penalties: $800,387,169
CEOpay icon
CEO Compensation: $13,234,000
Tax icon
Total Federal, State, and Local Subsidies: $201,611,323
Subsidy Tracker
Violation Tracker

Details on Accountability data sources

Accountability Issues

Covid Stimulus Watch provides accountability data on CARES Act recipients in the following categories:

Employment iconEmployment Issues

Tax iconTax / Subsidy Issues

Contracting iconContracting Issues

Environment iconEnvironment / Safety Issues

Consumer iconConsumer Protection Issues

CEO pay iconCEO Pay Issues