September 3rd, 2010

Archive for the ‘Oil’ Category

Admit It BP, You’re An Oil Company

by Alan Brew, originally posted on Namedroppings

“Yes, we are an oil company. But right now we are also providing natural gas, solar, hydrogen, geothermal. Because we live on this planet, too.”

No, this is not part of a mea culpa from BP. It’s a couple of lines from a Chevron ad, and one which BP would do well to consider emulating given the situation they are in. With smart and refreshing directness, Chevron’s “Human Energy” TV ad from McGarry Bowen makes the case for oil and an oil company better than it has ever been made. Actor Campbell Scott narrates the 150 second spot that unapologetically states Chevron’s case and its position in the global energy debate as an oil company searching for solutions. “…today, tomorrow and the foreseeable future, our lives demand oil. But what’s also true is that we can provide it more intelligently, more efficiently, more respectfully”.

It is in marked contrast to BP’s “Beyond Petroleum” campaign. Chevron seeks to explain and educate; BP tries to obfuscate. The problem with the “Beyond Petroleum” campaign for me is that it has always smacked of rebranding spin. Why? Because BP is, undeniably, an oil company. And a very big one at that. Like Chevron, BP is one of the world’s six oil majors, along with ExxonMobil, Royal Dutch Shell, ConocoPhillips and Total of France. Any attempt to deny that fact, or at least mask it, was bound to tempt fate in an industry in which major shit happens, as with the 2005 explosion at a BP refinery in Texas, and the Alaska oil pipeline leak a year later. Now, with oil gushing into the Gulf of Mexico unabated and officials giving no indication that the flow can be contained soon, BP is unfortunately up to its oily neck in an imminent environmental disaster. Any lingering credibility attached to its pretense of being an energy company that has gone beyond petroleum has been deep-sixed along with the Deepwater Horizon oil rig.

Hold the oil

The “Beyond Petroleum” campaign was born opportunistically out of BP’s merger with Amoco in 1998. Back then, BP was British Petroleum. After a brief but respectable period as BP Amoco, the company was recast in 2000 as plain BP. Replete with its elegant, Landor-designed sunburst logo, the intent was to send the message that the company was looking past oil and gas toward a benign, eco-friendly future of solar and renewable energy. John Browne, the CEO at the time, wanted to position BP as a broader energy company, not just an oil company, ahead of the looming issues of climate change, energy security and supply scarcity. Just as all oil companies are now attempting to do, he saw it as a way to “gain a seat at the table, a chance to influence future rules.” The slogan “Beyond Petroleum” was a clever if specious way of utilizing the initials ‘BP’ to emphasize they no longer stood for British Petroleum. “Better people, better products, big picture, beyond petroleum” went the alliterative mantra. But idea was pushed way beyond the bounds of its limits. BP’s ill-advised attempt to position itself beyond the petroleum sector on the basis of its laudable but marginal investments in renewables is rather like China claiming to be “Beyond Communism” because it now owns capitalist Hong Kong. It is a huge stretch of a small, albeit desirable, truth.

How can an oil company be ”Beyond Petroleum” without actively distancing itself from its core product? It’s a very hard sell when your logo is emblazoned on 10,000 gas stations in the US alone and the vast majority of your profits come from the black stuff.

BP has really tried to clean up its act over the last few years. How the company extricates itself from its current predicament will be proof enough of whether we are seeing a new BP. One thing it can do is finally move beyond “Beyond Petroleum” and talk about the business it is in with conviction, not what business it isn’t in.

GDF SUEZ Subsidiary Takes on New Name to Align with Parent Company

HOUSTON–(BUSINESS WIRE)–SUEZ Energy Resources NA, the retail energy business of GDF SUEZ Energy North America, has changed its name to GDF SUEZ Energy Resources NA. The name change reflects the July 2008 merger of its parent company SUEZ with Gaz de France. The name change will not affect company operations, but the retail business will integrate branding and marketing strategies to reflect the new GDF SUEZ brand.

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GE Oil & Gas consolidates brands

GE Oil & Gas has decided to streamline parts of its operation, which means the end of the brand names of three Houston-based companies that the petroleum services company acquired over the last several years.

The move affects VetcoGray Inc., Hydril Pressure Control and PII, which will cease to exist as independently named companies. The brands will be shifted to the product names. For example, GE Oil & Gas will now sell a “VetcoGray fullbore subsea wellhead system,” or a “Hydril pressure control blowout preventer.”

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Green rhetoric for greenbacks = greenhouse gas

bp5Last years’ political campaign managers marketed their products with the environmental green brand standard in industry, including even the weapons industry. Most high profile, highly funded politicians’ images now resemble that of oil giant British Petroleum, which rebranded itself as BP, Beyond Petroleum, with the bright yellow sun on a green background logo that now identifies every BP gas station all over the world.

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