This page contain information copyrighted by other individuals and entities. Copyrighted material displayed in this page is done so for archival purposes only and is not intended to infringe upon the ownership rights of the original owners.
BP p.l.c. (ID: 8243)
tions); (d) the transfer of the Grangemouth and Lav ra refineries from the Refining and Marketing segment into Olefins and Derivatives; (e) the transfer of the Mardi Gras pipeline from the Exploration and Production segment to the Refining and Marketing segment; and (f) the transfer of the Hobbs fractionator from the Gas, Power and Renewables segment to Olefins and Derivatives. Note 2 provides further detail of the resegmentation. Outlook BP Group Chief Executive, Lord Browne, concluded: "World economic growth appears to have been sustained at close to trend rates, despite thedisruptions and uncertainties following hurricanes Katrina and Rita. "Crude oil prices averaged $61.63 per barrel (Dated Brent) in the third quarter, an increase of$10 per barrel from the second quarter average, and more than $20 per barrel above the sameperiod last year. Hurricanes Katrina and Rita resulted in the loss of as much as 1.5 mmb/d ofproduction in the US Gulf of Mexico. However, in recent weeks, the temporary loss of GulfCoast refining capacity and signs of weaker consumption have caused crude prices to driftdownward. Nonetheless, prices are expected to be well supported into the winter. "US natural gas prices averaged $8.53/mmbtu (Henry Hub first of month index) in the thirdquarter, up nearly $2 per mmbtu versus the second quarter. Hurricanes Katrina and Rita shutin about 20% of US domestic output and raised prices to around imputed distillate parity. Weexpect US gas prices to continue to trade close to distillate parity. "Average global refining margins reached a record $12.35/bbl in the third quarter. HurricanesKatrina and Rita caused extensive damage to refining facilities in the US Gulf, shutting-in5mmb/d of refining capacity, of which 1.5 mmb/d is yet to return to operation. Oil productstocks and anticipated recoveries in refining capacity generally are adequate to meet currentdemand but the situation remains finely balanced and vunerable to further disruptions or acolder than normal winter. Therefore, refining margins are likely to remain high during thefourth quarter. "During the third quarter, retail margins have been impacted negatively by high and risingproduct prices. As the fourth quarter opens, some easing in wholesale gasoline prices isevident. However, significant uncertainty exists about the strength of the consequent marginrecovery and the outlook for marketing margins remains highly volatile. "We anticipate production from the deepwater Gulf of Mexico to be back to normal, with theexception of the Shell-operated Mars project, by the end of the year. Thunder Horse isexpected to start production in the second half of 2006. The Texas City refinery is expected toresume production late in the fourth quarter, with initial gasoline production expected duringDecember. "Our strategy is unchanged. We continue to execute it with discipline and focus. Our ability tocapture the benefit of current prices and margin strength underpins continued dividend growthand continuing share buybacks subject to market conditions and constraints. Capitalexpenditure is now expected to be approximately $14 billion for the year and around$15 billion in 2006." The foregoing discussion, in particular the statements under "Outlook", contains forward looking statements particularlythose regarding capital expenditure, costs, demand, dividends, future performance, growth and other trend projections,margins, prices, production, share buybacks, supply and the timing of projects. By their nature, forward looking statementsinvolve risks and uncertainties and actual results may differ from those expressed in such statements depending on a varietyof factors including the following: the timing of bringing new fields on stream; industry product supply; demand andpricing; currency exchange rates; operational problems; general economic conditions including inflationary pressures;political stability and economic growth in relevant areas of the world; changes in governmental regulations; exchange ratefluctuations; development and use of new technology; the actions of competitors; natural disasters and other changes inbusiness conditions; prolonged adverse weather conditions; wars and acts of terrorism or sabotage; and other factorsdiscussed in this Announcement. For more information you should refer to our Annual Report and Accounts 2004 and our2004 Annual Report on Form 20-F filed with the US Securities and Exchange Commission. In this section Imperial College London-BP Project to Explore Energy Savings in Cities Strong Environment, Strong Performance Former U.S. Secretary of State James A Baker, III to Chair Independent Safety Review Panel BP Makes Ninth Oil Discovery in the Ultra-Deep Water Block 31 Angola Apex- BP Solar Takes Part in the Electrical Development of the Great Southern Desert of Tunisia More Related links BP third quarter 2005 results BP 3Q 2005 trading update Quarterly results archive Full archive of our quarterly results available to download back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/Press/Former U.S. Secretary of State James A Baker, III to Chair Independent Safety Review Panel Site Index | Contact us | Reports and publications | BP worldwide | Home Search: About BP Environment and society Products and services Investors Press Careers BP Global Press Press Releases Press Releases Images/Graphics Features and news Speeches Former U.S. Secretary of State James A Baker, III to Chair Independent Safety Review Panel Release date: 24 October 2005 HOUSTON -- BP today announced that former U.S. Secretary of State James A. Baker, III of Houston has agreed to chair an independent panel to review and make recommendations for improvement of safety management systems and corporate safety culture at BP Products North America, Inc., the subsidiary responsible for the company s U.S. refining operations. I deeply appreciate Secretary Baker s willingness to lead the panel and the willingness of the other panel members to accept this important assignment. The panel will have BP s full support and cooperation. We are determined to do everything possible to prevent a tragedy like this from ever happening again by ensuring that safety practices at our operations are effective and comprehensive. This inquiry is a vital part of that effort," said BP chief executive John Browne. Secretary Baker said: My goal in chairing the Safety Review Panel is to make sure that it returns with a thorough, independent, and credible report. We will determine if the corporate culture at BP Products North America is properly focused on preventing tragic accidents like the one that occurred in Texas City or if improvements are required. This review will meet the recommendations of the U.S. Chemical Safety Board and we will let the chips fall where they may. That is exactly what I told BP when it contacted me about chairing this panel, and the company said it expects no less." The independent panel is being formed in response to a recommendation received August 17 from the U.S. Chemical Safety and Hazard Investigation Board (CSB) which is investigating a series of explosions and significant hydrocarbon releases at the BP Products North America, Inc. refinery in Texas City. A March 23, 2005 explosion and fire at the Texas City refinery claimed the lives of 15 workers and injured over 170 more. BP has been notified by the CSB that its plans for the panel, when fully implemented, will satisfy the objective of the board s recommendation. The panel will not duplicate the efforts of the CSB to determine the specific root causes of the March 23 incident, but it will instead conduct a review of safety management and culture. The independent panel has been asked to complete its work within one year and will make public its findings and recommendations. The members of the panel are: Secretary James A. Baker, III served as Secretary of State (1989-92), Secretary of the Treasury (1985-88), and White House Chief of Staff (1981-85 and 1992-93). From 1997 to 2004, Secretary Baker served as the personal envoy to the United Nations Secretary-General in seeking a political solution to the conflict over Western Sahara. In 2003, he was appointed Special Presidential Envoy on the issue of Iraqi debt. Secretary Baker is currently a senior partner at Baker Botts LLP. Retired Admiral Skip Bowman , former Director of Naval Nuclear Propulsion, is president of the Nuclear Energy Institute. Admiral Bowman was responsible for the operation of more than 100 nuclear reactors aboard Navy aircraft carriers and submarines and for U.S. Navy nuclear training and research facilities. Senator Slade Gorton is a former United States Senator and member of the 9/11 Commission. Senator Gorton served in the United States Air Force and Air Force Reserves, as Attorney General of Washington state, and as a member of the National Commission on Federal Election Reform. He is of counsel at Preston Gates Ellis & Rouvelas Meeds LLP. Mr. Dennis Hendershot is a chemical engineer who has more than 30 years of experience in chemical process research and development, plant design and operation, and process safety. He chairs the Inherently Safer Process Subcommittee of the American Institute of Chemical Engineers Center for Process Safety. Dr. Nancy Leveson is Professor of Aeronautics and Astronautics and Professor of Engineering Systems at the Massachusetts Institute of Technology (M.I.T.). Dr. Leveson s research focuses on accident investigation and modeling, addressing both the social and the technical factors that cause accidents. Ms. Sharon Priest is the first woman elected as Arkansas Secretary of State, and former president of the National Association for Secretaries of State. She is the executive director of the Downtown Partnership, a non-profit organization devoted to developing downtown Little Rock, Arkansas. She serves on the board of directors of the Federal Reserve Bank of St. Louis, Little Rock Branch, and served as a member of the National Commission on Federal Election Reform. Dr. Isadore Irv Rosenthal is a former board member of the U.S. Chemical Safety and Hazard Investigation Board and a senior research fellow at the Wharton Risk Management and Decision Processes Center where he is conducting research on low probability - high consequence chemical process accidents. Dr. Paul V. Tebo is a retired Dupont vice president who led the company s global petrochemical business and also oversaw the company s highly respected safety program, considered by many to be the industry gold standard. Dr. Douglas Wiegmann is a senior associate consultant and clinical research scholar within the Division of Cardiovascular Surgery at Mayo Clinic in Rochester, MN. He is an expert in the field of human factor analysis in accident investigations and is a former investigator for the National Transportation Safety Board. Mr. Duane Wilson is retired vice president, Refining, Marketing, Supply & Transportation-Fuels Technology for ConocoPhillips. He currently serves on the University of Tulsa Board of Trustees. BP will also appoint a member of the United Steel, Paper, Forestry, Rubber, Manufacturing, Energy, Allied Industrial and Service Workers Union (USW) to the panel. Notes to Editors BP has accepted responsibility for the March 23rd explosion and for the management failures and employee mistakes which contributed to or caused the explosion. The company has set aside $700 million to compensate victims of the explosion and has worked to resolve claims arising from the incident. Settlements have been achieved with the families of most of the workers who died and with many workers who suffered serious injuries. BP has entered a settlement with the U.S. Occupational Safety and Health Administration resolving more than 300 separate alleged violations of OSHA safety regulations. BP paid a fine of $21.3 million. The company agreed to a number of corrective actions, including the hiring and placement of process safety and organizational experts at the refinery. Under the agreement, BP does not admit the alleged violations or agree with the way OSHA has characterized them. BP continues to cooperate with the U.S. Chemical Safety and Hazard Investigation Board, the U.S. Environmental Protection Agency and the Texas Commission on Environmental Quality regarding the Texas City explosion and related concerns. BP will issue a final incident investigation report in November. Completion of the report has been delayed because it has taken longer than expected to complete testing of key equipment due to Hurricane Rita and additional time required to identify and select testing contractors. BP published an interim report May 17 which identifies the immediate causes of the incident. The Texas City refinery is one of five refineries owned and operated by BP Products North America Inc. It is BP s largest and most complex refinery with a rated capacity of 460,000 barrels per day and an ability to produce up to 11 million gallons of gasoline per day. Copies of the independent panel charter and the biographies and disclosure statements of panel members can be found at www.bpresponse.org. www.bpresponse.org Further information: Name: Ronnie Chappell Office: BP Press Office, Houston Phone : +1 281 366 5174 Name: Mike Cinelli Office: Baker Botts LLP, Houston Phone : +1 713 229 1764 In this section Imperial College London-BP Project to Explore Energy Savings in Cities Strong Environment, Strong Performance Former U.S. Secretary of State James A Baker, III to Chair Independent Safety Review Panel BP Makes Ninth Oil Discovery in the Ultra-Deep Water Block 31 Angola Apex- BP Solar Takes Part in the Electrical Development of the Great Southern Desert of Tunisia More Related links Sec. James A. Baker, III statement Merritt statement on BP panel Mogford transmittal letter Panel member biographies Additional links Panel disclosure statement BP panel - preliminary operating procedures BP panel charter BP response website back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/Press/BP Makes Ninth Oil Discovery in the Ultra-Deep Water Block 31 Angola Site Index | Contact us | Reports and publications | BP worldwide | Home Search: About BP Environment and society Products and services Investors Press Careers BP Global Press Press Releases Press Releases Images/Graphics Features and news Speeches BP Makes Ninth Oil Discovery in the Ultra-Deep Water Block 31 Angola Release date: 21 October 2005 Sociedade Nacional de Combust veis de Angola (Sonangol) and BP today announced the 'Hebe-1' oil discovery in ultra-deepwater Block 31, offshore Angola. Hebe-1 is the ninth successful discovery BP has drilled in Block 31, following Plut o, Saturno, Marte, Venus, Palas, Ceres, Juno and Astraea. The well is located 16 kilometres Southwest of the Ceres discovery announced earlier in the year. Hebe-1 was drilled by the Jack Ryan drillship, in a water depth of 2,008 metres, some 361 kilometres north-west of Luanda, and reached a total depth of 4,823 metres below sea level. The well was tested at a maximum rate of 5,956 barrels of oil a day (b/d) through a 2 inch choke. BP is currently evaluating development concepts in the south-eastern region of the block. Sonangol is the concessionaire of Block 31. BP as operator holds 26.67 per cent. Partners in Block 31 are Esso Exploration and Production Angola (Block 31) Limited (25 per cent), Sonangol E.P. (20 per cent), Statoil Angola A.S. (13.33 per cent), Marathon International Petroleum Angola Block 31 Limited (10 per cent) and TEPA (BLOCK 31), LIMITED, (a subsidiary of the Total Group) with 5 per cent. Notes to editors: BP s involvement with Angola goes back to the mid 1970s. During the 1990s, BP made very substantial investments in Angola s offshore oil and it is now an important part of the company s upstream portfolio. BP has interests in four blocks with operatorship of two. Operatorship of Block 31 was awarded to BP Exploration (Angola) Limited in May 1999. The Block covers an area of 5,349 square kilometres and lies in water depths of between 1,500 and 2,500 metres. BP also operates Block 18, in which it has a 50% equity. In Block 18 the Greater Plutonio Project is currently being developed. BP s non-operated interests are in Block 15, operated by Esso Exploration Angola (Block 15) Limited (BP 26.67 % equity) and Block 17 operated by Total (BP 16.67 % equity). Further information: Name: Toby Odone Office: BP Press Office, London Phone : +44 (0)20 7496 5256 Name: Amilcar da Costa Office: BP Angola (Luanda) Phone : +2442 637408 In this section Imperial College London-BP Project to Explore Energy Savings in Cities Strong Environment, Strong Performance Former U.S. Secretary of State James A Baker, III to Chair Independent Safety Review Panel BP Makes Ninth Oil Discovery in the Ultra-Deep Water Block 31 Angola Apex- BP Solar Takes Part in the Electrical Development of the Great Southern Desert of Tunisia More Related links BP Magazine BP is helping to preserve the biodiversity of the Angolan coastline back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/Press/Apex- BP Solar Takes Part in the Electrical Development of the Great Southern Desert of Tunisia Site Index | Contact us | Reports and publications | BP worldwide | Home Search: About BP Environment and society Products and services Investors Press Careers BP Global Press Press Releases Press Releases Images/Graphics Features and news Speeches Apex- BP Solar Takes Part in the Electrical Development of the Great Southern Desert of Tunisia Release date: 20 October 2005 St Mathieu de Treviers, France, October 20, 2005: Apex-BP Solar has been selected by TunisieTelecom to take part in the development of the Great Southern Desert of Tunisia based on its expertise in the electrification of remote areas. TunisieTelecom, the public Tunisian telecommunications operator, will build four telecommunication repeater stations powered solely by photovoltaic solar power in the open desert. In this very remote area of the Great Southern Desert, which is still not connected to the electricity grid and where the climatic conditions are extreme (temperatures in excess of 50 C or 122 F, sand storms, etc.), the choice of solar power was obvious. Apex-BP Solar was selected by the Tunisian operator for its experience in remote sites and for its ability to complete this turnkey project, which includes the supply, installation, commission and training for solar power centres, including the photovoltaic array and the air-conditioned shelter to house the electronic equipment. All local telecommunications services such as civil engineering, commissioning and training will be provided by TELEMAGH, Apex-BP Solar's partner in Tunisia. This project includes system installation with peak power ranging between 9 kWp and 31 kWp for a total installed capacity of 71 kWp. The contract as a whole amounts to a sum of 570,000, or roughly $680,000. Following this announcement, C dric Dupuy, Sales Director of Apex-BP Solar and Director of BP Solar Maroc, stated "this project is proof of the technical and commercial excellence of Apex-BP Solar, which has met the requirements of the historical Tunisian operator's specifications, demonstrating once again its know-how and ability to innovate". Khaled Fourati, Managing Director of TELMAGH affirmed that "this project once again demonstrates TELMAGH s ability to reposition itself in advanced fields, whether closely or remotely concerned with that of telecommunications and always in association with internationally renown partners who are leaders in their field. Today, sustainable energy is one of the priorities of the Tunisian authorities and we are proud to be one its promoters". Arnaud Mine, Managing Director of Apex-BP Solar, declared that "this exemplary project is all the more meaningful in that the international community is increasingly concerned with the issues of development in Africa. Telecommunications is one of the essential requirements and this collaboration with the Tunisian operator proves that solutions are available". The Great Southern desert of Tunisia is the least densely populated part of the country yet the most attractive and intriguing. Based near Montpellier, France, Apex-BP Solar has been a subsidiary of BP France since 1999 and specialises in designing and producing made-to-measure solar power systems using BP Solar panels. Apex-BP Solar has set up a network of branches in France and its overseas territories. BP Solar is a global activity within the BP group employing more than 2,000 people. Specialising in converting solar energy into electricity, its activities include designing, manufacturing and distributing high quality solar power systems covering a wide range of applications in the residential, commercial and industrial sectors. With more than 30 years experience and systems in more than 160 countries, BP Solar is one of the leading players in the field of solar power and has manufacturing plants in the United States, Spain, India and Australia. BP Solar is an integral part of the BP Group, one of world's leading energy groups. For further information please follow the link below. www.bpsolar.fr Notes to editors Created in 1995, TELMAGH is a Tunisian company which specialises in telecommunications and has been approved by the Ministry of Communication Technologies. TELMAGH employs 25 people with a management ration of more than 55%. Originally specialising in private telecommunications, TELMAGH has diversified as different opportunities have arisen. Further information: Name: Philippe Lambert Office: BP France Phone : 01 34 22 46 24 Email: philippe.lambert@fr.bp.com Name: B rang re Lan on Office: Apex-BP Solar Phone : 04 99 62 26 48 Email: b.lancon@apex-bpsolar.com In this section Imperial College London-BP Project to Explore Energy Savings in Cities Strong Environment, Strong Performance Former U.S. Secretary of State James A Baker, III to Chair Independent Safety Review Panel BP Makes Ninth Oil Discovery in the Ultra-Deep Water Block 31 Angola Apex- BP Solar Takes Part in the Electrical Development of the Great Southern Desert of Tunisia More Related downloads This press release is also available for you to download in French Apex and BP Solar press release - French version , pdf , 63KB back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/Reports and publications/Investor fact sheets Site Index | Contact us | Reports and publications | BP worldwide | Home Search: About BP Environment and society Products and services Investors Press Careers BP Global Reports and publications Reports Financial reports Investor fact sheets Annual Review 2004 Annual Report and Accounts 2004 Quarterly results Annual reports and accounts archive Financial and operating information 2005 reporting changes Directors' remuneration report Quarterly F&OI update Half Year Review Investor fact sheets Investor fact sheets Select an issue: Sort by: August 2005 May 2005 February 2005 August 2004 May 2004 February 2004 All Date Title Half year 2005 Investor fact sheet (pdf , 803 KB ) 10 August 2005 Add to download folder May 2005 Investor fact sheet (pdf , 712 KB ) 11 May 2005 Add to download folder February 2005 Investor fact sheet (pdf , 703 KB ) 09 February 2005 Add to download folder Half year 2004 Investor fact sheet (pdf , 469 KB ) 10 August 2004 Add to download folder May 2004 Investor fact sheet (pdf , 267 KB ) 12 May 2004 Add to download folder February 2004 Investor fact sheet (pdf , 71 KB ) 09 February 2004 Add to download folder Download Manager 0 items, 0.0 KB View Related links BP investor centre Sign up for BP investor news Recieve email reminders for investor events such as quarterly results presentations back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/About BP/Code of conduct Site Index | Contact us | Reports and publications | BP worldwide | Home Search: About BP Environment and society Products and services Investors Press Careers BP Global About BP How we run the business Code of conduct How BP works Corporate governance Our brand Our objectives Our values Code of conduct Technology Code of conduct As one of the world s leading companies, we have a responsibility to set high standards: to be, and be seen to be, a business which is committed to integrity. In a complex global business environment like ours, that s not always easy. Our code of conduct is designed to help us achieve this. Our code of conduct is the cornerstone of our commitment to integrity. As Lord Browne, the group chief executive, affirms: Our reputation, and therefore our future as a business, depends on each of us, everywhere, every day, taking personal responsibility for the conduct of BP s business . The new BP code of conduct is an essential tool to help our people meet this aspiration. The code summarizes our standards for the way we behave. All our employees must follow the code of conduct. It clearly defines what we expect of our business and our people, regardless of location and background. Ultimately it is about helping BP people to do the right thing. The code includes many examples of how our group values should be applied in specific situations. The level of detail and practical approach signal our determination to embed our values and a culture of integrity more firmly in our group. What does the code cover? The code covers five key areas of our business operations: health, safety, security and the environment fundamental rules and guidance to help us protect the natural environment, the safety of the communities in which we operate, and the health, safety and security of our people employees covering fair treatment and equal opportunity, providing guidance for dealing with cases of harassment or abuse and for protecting privacy and employee confidentiality business partners providing detailed guidance on giving and receiving gifts and entertainment, conflicts of interest, competition, trade restrictions, money laundering and working with suppliers governments and communities covering such areas as bribery, dealing with governments, community engagement, external communications and political activity company assets and financial integrity containing guidance about accurate and complete records and reporting, protecting company property, intellectual property, insider trading and digital systems Code of conduct Full version (English), pdf, 2043KB Download by chapter Overview, pdf, 222KB Health, safety, security and the environment, pdf, 206KB Employees, pdf, 262KB Business partners, pdf, 784KB Governments and communities, pdf, 738KB Company assets and financial integrity, pdf, 1676KB Download by language Arabic, pdf, 3765KB Azeri, pdf, 3346KB French, pdf, 1970KB German, pdf, 2313KB Mandarin, pdf, 2269KB Polish, pdf, 1922KB Portuguese, pdf, 1837KB Russian, pdf, 3527KB Spanish (Iberian), pdf, 1758KB Spanish (Latin American), pdf, 1750KB Text only versions Dutch, pdf, 1086KB Greek, pdf, 1560KB back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/Reports and publications/Statistical Review of World Energy 2005 Site Index | Contact us | Reports and publications | BP worldwide | Home Search: About BP Environment and society Products and services Investors Press Careers BP Global Reports and publications Statistical Review of World Energy 2005 Reports Statistical Review of World Energy 2005 Group chief executive's introduction 2004 in review Review by energy type About the Review Links for researchers Statistical Review downloads Language versions Energy charting tool Feedback Frontiers BP Magazine Statistical Review of World Energy 2005 Welcome to the 54th edition of the Review Published on 14th June 2005, this Review provides high-quality and globally consistent data of the energy markets, with a history series of statistics dating back to 1965 Highlights Download the complete report View the complete Review and Excel workbook history series Peter Davies' energy review 2004 Watch BP chief economist's review of world energy markets Order a printed report Request a printed version of the Statistical Review Chart energy data Create charts and graphs according to energy types on a regional and annual basis In this section Group chief executive's introduction An introduction to the Statistical Review of World Energy by The Lord Browne of Madingley 2004 in review A retrospective look at 2004 energy markets, detailing major events and developments Oil Natural gas Other fuels Review by energy type Detailed analysis of the different sectors of the energy market, with charts tables and maps Oil Natural gas Coal Nuclear energy Hydroelectricity Primary energy Renewables Electricity About the Review A background to the Review along with descriptions of the terms, references and calculations used Definitions and explanatory notes Regional definitions Oil reserves Conversion factors Links for researchers Discussing the link between energy, the economy and the environment, with useful links Economic context Energy and the environment Links to contributors Statistical Review downloads Download the full report, history series, or tables, maps and charts for each energy type Download information Language versions Download the German and Russian version of the full Statistical Review as a PDF Energy charting tool View pre-determined reports or chart specific data according to energy type, region and year Feedback Your views and comments on the Statistical Review and energy charting tool back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/Reports and publications/Sustainability Reporting Site Index | Contact us | Reports and publications | BP worldwide | Home Search: About BP Environment and society Products and services Investors Press Careers BP Global Reports and publications Reports Environment and Society reports Sustainability reporting Sustainability reporting Verified site reports Performance data Governance and policy Case studies Sustainability Reporting Select an issue: Sort by: April 2005 April 2004 May 2003 July 2002 May 2001 April 2000 April 1999 All Date Title BP Sustainability Report 2004 (pdf , 4309 KB ) 11 April 2005 Add to download folder BP Sustainability Review 2004 (pdf , 3284 KB ) 11 April 2005 Add to download folder BP Sustainability Review 2004 - German language version (pdf , 1892 KB ) 11 April 2005 Add to download folder BP Sustainability Review 2004 - Russian language version (pdf , 1801 KB ) 11 April 2005 Add to download folder BP Sustainability Review 2004 - Spanish language version (pdf , 1720 KB ) 11 April 2005 Add to download folder BP Sustainability Report 2003 - German language version (pdf , 2345 KB ) 30 April 2004 Add to download folder BP Sustainability Report 2003 - English language version (pdf , 2104 KB ) 06 April 2004 Add to download folder Environmental and Social Report 2002 (pdf , 894 KB ) 29 May 2003 Add to download folder Environmental and Social Report 2001 (pdf , 1225 KB ) 23 July 2002 Add to download folder Environmental and Social Report 2000 (pdf , 2571 KB ) 11 May 2001 Add to download folder Environmental and Social Report 1999 (pdf , 2696 KB ) 14 April 2000 Add to download folder Environmental and Social Report 1998 (pdf , 2332 KB ) 07 April 1999 Add to download folder Download Manager 0 items, 0.0 KB View BP Sustainability Report 2004 Request a printed version of the Sustainability Report 2004 Order a printed report Further information Find our more about how we report and communicate with our key stakeholders Environment and society Dialogue and engagement How we report back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/Investors/Annual Report and Accounts Site Index | Contact us | Reports and publications | BP worldwide | Home Search: About BP Environment and society Products and services Investors Press Careers BP Global Investors Financial performance Annual Report and Accounts Financial results Annual Report and Accounts Report and accounts e-delivery sign up Financial and operating information 2005 reporting changes Quarterly F&OI update UK RNS filings 20-F and SEC filings Share buyback Shares in issue Annual Report and Accounts 'Making the right choices' - BP 2004 Annual Report and Accounts: download now and find out more about our e-communication services for shareholders In this section Annual Report and Accounts 2004 'Making the right choices' - BP 2004 Annual Report and Accounts e-delivery sign up Ordinary shareholders Ordinary shareholder FAQs ADS holders BP links BP Annual Review 2004 View the online summary of our strategy, performance and accounts BP Sustainability report 2004 Download a copy of our 2004 Sustainability report back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Close window Print this page Legal notice Click on the link in the footer of this page to read our Privacy Statement. The following sets out the conditions of use of the BP p.l.c. website. Unless specified otherwise, references in this site to "BP" and the "BP Group" shall mean BP p.l.c. and its subsidiaries and affiliates. The US sections within the Cleaner Fuels website and the Casper and BPOnTheStreet websites are specifically the responsibility of BP America Inc., 4101 Winfield Road, Warrenville, IL 60555, USA and where appropriate references to BP or to BP p.l.c. therein should be read as references to BP America Inc. Investor Centre The information on the Investor Centre has been approved for the purposes of S21 of the Financial Services and Markets Act 2000 by Cazenove & Co. Ltd, which is regulated by the Financial Services Authority and is a member firm of the London Stock Exchange. The price of shares and the income derived from them can go down as well as up and investors may not get back the amount originally invested. Investors should be aware that past performance is not necessarily a guide to future performance. The information contained in this document concerning taxation is based on BP's understanding of legislation and practice in effect at the time the information was produced. That information may no longer be accurate because of subsequent changes in legislation or changes in interpretation or practice or because the levels or bases of taxation have changed. An investment in BP shares may not be suitable for all investors. You should take independent financial advice before making any investment decision. Cazenove & Co. Ltd has not reviewed or approved any information contained in any website accessed through a hyperlink from the BP website including the Equity Development research reports, and Cazenove & Co. Ltd accepts no liability for any direct, indirect, special, consequential or other losses or damages of whatsoever kind arising out of access to, or use of, any hyperlinked website, the Equity Development research reports or any information contained therein. None of the services or investments referred to on this site are available or appropriate for sale or use in any jurisdiction where such activity is prohibited. Any persons resident outside the United Kingdom who access this site must first satisfy themselves that they are not subject to any local requirements which prohibit or restrict them from doing so. Cazenove & Co. Ltd act as broker to BP p.l.c. Cazenove & Co. Ltd 12 Tokenhouse Yard London EC2R 7AN Our liability to you The information contained in this website is not comprehensive. Despite our efforts, it may not be accurate, up to date or applicable to the circumstances of any particular case. We cannot accept any liability for any inaccuracies or omissions (other than for fraudulent misrepresentation) in this website and any decisions you make based on information contained in this website are your sole responsibility. Neither BP p.l.c. nor any of its subsidiaries accept liability for any direct, indirect, special, consequential or other losses or damages of whatsoever kind arising out of access to, or the use of this website or any information contained in it. We are of course happy to discuss with you the implications of any issue raised if you e-mail us at Webassure@bp.com. Webassure@bp.com (1) With respect to U.K. residents, save in respect to the Investor Centre, and (2) with respect to U.S. residents, no information contained in this website constitutes or would be deemed to constitute an invitation or inducement to invest or otherwise deal in the shares or ADRs of BP or an invitation or inducement by or on behalf of BP or any of its subsidiaries to enter into a contract with you. Other than in respect of personal information which will be treated in accordance with the BP Privacy Statement that appears in this website, if you provide information to us, you agree that we have unlimited rights to such information and that we may use such information in any way we choose. Such information shall be deemed to be non-confidential. Forward Looking Statements Statements made on or contained in this website or in documents referred to, particularly those regarding capital employed, capital expenditure, cash flows, costs, savings, debt, demand, disposals, dividends, earnings, efficiency, gearing, growth, improvements, investments, margins, performance, prices, production, productivity, profits, reserves, returns, sales, strategy, synergies, tax rates, trends, value, volumes, the effects of BP merger and acquisition activity, are or may be forward looking statements. Such statements reflect the views of BP as of the date made with respect to future events and are subject to risks and uncertainties. Actual results may differ from those expressed in such statements, depending on a variety of factors including future levels of industry product supply; demand and pricing; political stability and economic growth; development and use of new technology; actions of competitors; and natural disasters, wars and acts of terrorism. Additional information, including information on factors that could cause actual results to differ materially from those in the forward looking statements are contained in BP's latest published Annual Report and Accounts, in BP's latest published Annual Report on Form 20F filed with the US Securities and Exchange Commission and other documents filed by BP from time to time with the US Securities and Exchange Commission. BP disclaims any intention or obligation to update forward looking statements. Ownership of the copyright of this site The copyright in the contents and any downloads from this website is owned by BP p.l.c. or its subsidiaries unless otherwise stated. . BP p.l.c., 1 St James's Square, London SW1Y 4PD, UK. The copyright in the contents and any downloads from the US sections of the Cleaner Fuels website and the Casper and BPOnTheStreet websites is owned by BP America Inc., 4101 Winfield Road, Warrenville, IL 60555, USA notwithstanding that the copyright notice itself on relevant webpage may identify another company within the BP Group. You are responsible for obeying all applicable copyright laws. We permit you to make copies of this website as necessary incidental acts during your viewing of it; and you may take a print for your personal use of so much of the site as is reasonable for private purposes. All other use is strictly prohibited. You may not frame this site nor link to a page other than the home page without our express permission. Ownership of trademarks BP, the BP Shield and the Helios mark are trademarks of BP p.l.c., the Amoco Torch and Oval device are trademarks of BP Products North America Inc. and ARCO and the ARCO Spark are trademarks of Atlantic Richfield Company. The owner of the Castrol word and the Castrol logo is Castrol Limited The owner of the Burmah Castrol logo is BP p.l.c.. Use of any Hyperlink Neither we nor any of our subsidiaries are responsible for the content of any other website, including any website through which you may have gained access to our website or to which you may gain access from our website. We do not accept any liability in connection with any such sites or links. Where we provide a hyperlink to a third party's website, we do so because we believe in good faith that such a website contains or may contain material which is relevant to that on our website. Such a hyperlink does not signify that BP or its subsidiaries have reviewed or approve of the connected third party's website or its contents - indeed in certain instances a hyperlink may connect you to a third party's website containing views contradictory to those expressed on our website or otherwise held by BP and its subsidiaries. What law governs this website? Your use of this website and downloads from it, and the operation of these terms and conditions, shall be governed in accordance with the laws of England and Wales. The English courts shall have exclusive jurisdiction over any dispute arising out of your use of this website. In the event that any or any part of the terms contained in these terms and conditions shall be determined by any competent authority to be invalid, unlawful or unenforceable to any extent, such term shall to that extent be severed from the remaining terms which shall continue to be valid and enforceable to the fullest extent permitted by law. 1996-2005 BP p.l.c. back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Close window Print this page Privacy statement Information about our Organisation and Web site BP respects your privacy and is committed to protecting it. We provide this Privacy Statement to inform you of our Privacy Policy and practices and of the choices you can make about the way your information is collected online and how that information is used. This website is governed in accordance with the laws of England. The English courts shall have exclusive jurisdiction over any dispute arising out of your use of this website. The bp.com website is owned by BP p.l.c. 1 St James's Square, London. SW1Y 4PD. Registered in the UK: 102498 Data automatically collected We log visitor's domain and IP address automatically; this information does not identify you as an individual, but only the computer that is being used to view the site. This data is used to see where the site is being used in the world to ensure coverage, and for click stream analysis to help better understand site usage, so that we can improve our service to you. We do not link information automatically logged by such means with personal data about specific individuals. Cookies are small text files that are stored on your computer as a result of visiting a web site. This allows the site to know that you have visited before and in some cases can be used to record your preferences. Cookies We use cookies for two reasons. to help us track usage patterns in order to improve and manage our sites to record preferences in order to personalise your visit There are four types of cookies used on this website: Session Cookies These are temporary cookies that only remain until your browser is closed. They are used by our web application in order to maintain the information relating to your transaction from page to page following any input, such as when a form is completed over several screens. Web Analytics Cookies These cookies are used to help us compile anonymous statistics in order to improve and manage our sites. An example of the information collected would be the path you used to gain access to the site and your patterns of browsing when navigating the site. They are persistent meaning they are not deleted when the browser is closed and expire after a period of 2 years unless you visit the same site within the 2 year period in which case the same cookie is refreshed and a new 2 year period begins. Information Cookies These cookies allow the site to remember how you have answered a question in order to change the content displayed to you. For example, if you have already taken a survey this cookie will ensure you are not asked again. They are persistent meaning they are not deleted when the browser is closed, and expire after a period of 2 months. Membership Cookies These cookies are used to provide you with access to membership services you have subscribed to. They are persistent meaning they are not deleted when the browser is closed, and expire after a period of 2 months. You can still use most of this site with cookies turned off. To stop cookies being placed on your terminal equipment refer to your specific internet browser. In a few cases blocking cookies may reduce the functionality of some sites or prevent access to them depending on your chosen browser options. Cookies can also easily be deleted through your specific internet browser, although this means your settings will not be retained. For further information visit www.aboutcookies.org. This link will take you to another website that is opened in a new window. BP is not responsible for the content of the www.aboutcookies.org website. Data collection and use When you request information through this site, we may need to know some personal information about you. When emailing us, or subscribing for free news or information we need your e-mail address, name and other limited personal identifiers, typically name and contact number. If you chose to purchase information, goods, products or services, we will usually require some additional limited financial details. Where you request employment related services or products we will usually need limited data about personal identifiers, education, employment, family and financial details. Your personal data will be processed to provide information, goods, products and services you request in the form that you require. If we require sensitive personal data then we will ensure that the collection and use is in strict accordance with the UK Data Protection Act 1998 and EC Directive on Data Protection 95/46/EC principles of data protection and data privacy. We may appoint third party organisations to assist us in providing you with the information, goods, products and services you request. In these circumstances, we will take steps to ensure that your personal information is held in strict accordance with our privacy policy and is only used for the purpose of fulfilling your request. Except as set out above, we will not pass your details to anyone else outside the BP Group without your permission. Since BP operates globally, the information you submit may be transferred outside of the European Economic Area. This and all other transmissions will remain secure and under our control. By clicking the 'I accept' button where you offer your information in return for information, goods, products and services, you consent to such a transfer. If we look to use your personal data for a new purpose, beyond what it was originally provided for, we will ask for your consent. You can choose to provide this consent in advance by indicating in the 'opt-in' box at the point that personal data is collected. Data retention Data will be held for the lifetime your subscription is active for the purposes of contacting you effectively after which time it is depersonalized and non-identifiable. We do not collect any additional information about you other than that outlined above. Access to your personal data To enquire about accessing your personal data, or if you have any questions relating to BP's data privacy policy please email Datamanager@bp.com using the link below, or by post at the following address BP International Ltd, Digital Security, (Building 200, 2nd Floor), Chertsey Road, Sunbury on Thames, TW16 7LN. We will provide you with a readable copy of the personal data that we keep about you, within 40 days; we will require proof of your identity. We allow you to challenge the data that we hold and you, where appropriate, you may have the data: erased, rectified, amended or completed. We reserve the right to refuse to provide our visitors with a copy of their personal data, but will give reasons for our refusal. You will be able to challenge our decision to refuse to provide you with a copy of your personal data. Datamanager@bp.com Disclosure and Visitor choice You may unsubscribe or opt-out of services at any time, details of how to opt-out vary between BP sites but generally it is a simple process. Where we disclose your personal data for those purposes stated, we provide you with the means to opt-out of disclosure by either indicating in a box at the point of the site where personal data is collected, by sending an email Datamanager@bp.com or by sending postal mail to this address BP International Ltd, Digital Security, (Building 200, 2nd Floor), Chertsey Road, Sunbury on Thames, TW16 7LN. Where we disclose your personal data for purposes, which are different to those, stated we offer you the opportunity to consent prior to disclosure. Datamanager@bp.com Security We have implemented security policies, rules and technical measures to protect the personal data that we have under our control that complies fully with data privacy & protection legislation appropriate to the jurisdiction applicable to the site. The security measures are designed to prevent unauthorised access, improper use or disclosure, unauthorised modification & unlawful destruction or accidental loss. At present we do not give visitors to our Web site the option of using a secure transmission method to send us their personal data. Children BP is committed to protecting the privacy needs of children and we encourage parents and guardians to take an active role in their children s online activities and interests. BP does not knowingly collect information from children under the age of 13 and BP does not target its websites to children under 13. Privacy compliance Our privacy policy is compliant with the following instruments: UK Data Protection Act 1998, the EU Directive on Data Protection 95/46/EC and the EU Directive on Personal Data in Electronic Communications02/58/EC. In order to demonstrate that our privacy policy accords with the above privacy instruments, we are: voluntarily committed to a Self Assessment procedure and subject to Independent Data Protection Authority supervision by the UK Information Commissioner. Data privacy legislation is subject to revision and we strongly suggest that you regularly check our privacy statement. Hyperlinks The BP websites may provide links to third-party websites for your convenience and information. If you access those links, you will leave the BP website. BP does not control those sites or their privacy practices, which may differ from BP s. We do not endorse or make any representations about third-party websites. The BP Privacy Statement does not cover the personal data you choose to give to unrelated third parties. We encourage you to review the privacy policy of any company before submitting your personal information. Some third-party companies may choose to share their personal data with BP; that sharing is governed by that third-party company s privacy policy. back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Site Index | Contact us | Reports and publications | BP worldwide | Home Search: About BP Environment and society Products and services Investors Press Careers Contact us Use this form to contact BP. To help us know where to direct your query or comment, please select the relevant category and sub-category below. To view sub-categories you must first click the 'Go' button. * indicates a mandatory field. Select categories Category* Select Education Shareholder/Investor information Products & services Publication requests Careers Country information Environmental & social Sub-category* Select Personal details Salutation* Select Ms. Mrs. Mr. First Name* Last Name* Email address* Mailing address City State/Province Zip code/postal code Country* Select Algeria Angola Argentina Australia Austria Azerbaijan Bangladesh Belgium Bolivia Bosnia and Herzegovina Botswana Brazil Canada Chile China Colombia Croatia Czech Republic Denmark Egypt Faroe Islands France Germany Greece Hong Kong Hungary India Indonesia Ireland Italy Japan Kazakhstan Kuwait Lesotho Luxembourg Malawi Mexico Mozambique Namibia Netherlands New Zealand Norway Oman Pakistan Papua New Guinea Peru Philippines Poland Portugal Russia Saudi Arabia Singapore Slovak Republic Slovenia South Africa South West Pacific Spain Sri Lanka Swaziland Sweden Switzerland Tanzania Thailand Trinidad & Tobago Turkey United Arab Emirates United Kingdom United States Uruguay Venezuela Vietnam Yugoslavia Zambia Phone Fax Message* Since BP operates globally, the information you submit may be transferred outside the European Economic Area. This and all other transmissions will remain secure and under our sole control. By checking the 'I accept' box below, you consent to such a transfer. Please indicate your acceptance of the Privacy statement by checking the 'I accept the following terms and conditions' box below. I accept I consent for the personal data that I have provided to be used for marketing purposes. back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/About BP/BP at a glance Site Index | Contact us | Reports and publications | BP worldwide | Home Search: About BP Environment and society Products and services Investors Press Careers BP Global About BP BP at a glance BP at a glance Who we are What we do Where we operate How we run the business BP Explorer BP at a glance BP is of one of the world's largest energy companies, providing its customers with fuel for transportation, energy for heat and light, retail services and petrochemicals products for everyday items Turnover 1 $285 billion (year 2004). Replacement cost profit 2 $15.4 billion (year 2004) Number of employees 102,900 (at Dec 2004) Number of shareholders 1.3 million + Proved reserves 18.6 billion barrels of oil and gas equivalent Service stations 28,500 Exploration Active in 26 countries Refineries 21 Chemicals revenues $21.2 billion a year Solar power capacity sold 99 mw a year The core BP brands: Key business addresses: International headquarters BP p.l.c. 1 St James's Square London SW1Y 4PD Tel +44 (0)20 7496 4000 Fax +44 (0)20 7496 4630 North American headquarters 28100 Torch Parkway Warrenville, IL 60555-3938 United States Tel +1 630 420 5111 Exploration headquarters 501 Westlake Park Boulevard Houston TX 77079-2696 United States Tel +1 281 366 2000 Sunbury Business Park Chertsey Road Sunbury Middlesex TW16 7LN United Kingdom Tel +44 (0)1932 762216 1 Turnover represents sales and other operating revenues, excluding customs duties and sales taxes 2 Replacement cost profit is after exceptional items, interest, tax and minority shareholders' interest. This has been restated to reflect the adoption of FRS 17 'Retirement Benefits' with effect from 1 January 2004 In this section BP facts and figures Did you know that...? Did you know...? Some amazing facts from our operations around the world Did you know... BP's logo, the Helios, is named after the sun god of ancient Greece More about our brands Find out more A family of brands that are recognized and respected in markets worldwide New technology Decarbonised Fuels Aiming to produce electricity with 90% less carbon dioxide emissions back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/About BP/Who we are Site Index | Contact us | Reports and publications | BP worldwide | Home Search: About BP Environment and society Products and services Investors Press Careers BP Global About BP Who we are BP at a glance Who we are Our brands Our history Group organization The board World advertising What we do Where we operate How we run the business BP Explorer Who we are BP has transformed: growing from a local oil company into a global energy group; employing over 100,000 people and operating in over 100 countries worldwide In this section Our brands Focusing on a family of brands that are recognized and respected in markets worldwide BP am/pm Aral ARCO Castrol Our history From local oil company to global energy group: highlights from our extraordinary 103 year journey History of BP History of Amoco History of Aral History of ARCO/ampm History of Castrol Publications Group organization Structured for success: the four key segments, and the many specialist functions, that make BP work Exploration and Production Refining and Marketing Gas, Power and Renewables The board Members of the BP board of directors Executive directors Non-executive directors World advertising Presenting and promoting our unique energy products to consumers around the world Global campaign US advertising UK campaign German campaign BP Ultimate Related links Code of conduct As one of the world s leading companies, we have a responsibility to set high standards Putting people first Why we make the development of our people a top priority Executive management Find out more about how BP works and the role of our executive management team Key reports View online or download some of our key reports Annual Report and Accounts 2004 'Making the right choices' - view our 2004 report online Sustainability report Download or order a copy of our 2004 Sustainability report back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/About BP/Our brands Site Index | Contact us | Reports and publications | BP worldwide | Home Search: About BP Environment and society Products and services Investors Press Careers BP Global About BP Who we are Our brands Our brands Our history Group organization The board World advertising Our brands Our brands are recognized and respected around the world. Each one has its own unique history and heritage. Together they make BP the force it is today In this section BP What our brand stands for; how our brand values define our aspirations and drive our business am/pm Our leading convenience store brand serves customers on the US West coast through 950 outlets Aral The brand that stands for outstanding products and customer service on forecourts across Germany ARCO First for gasoline retail quality, convenience and value on the US West coast Castrol Introducing a leader in automotive and specialist lubricants - renowned in 150 countries worldwide Related links What we do Finding, producing and marketing the natural energy resources on which the world depends Related websites www.ampm.com www.aral.de www.arcogas.com www.castrol.com back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/About BP/Our history Site Index | Contact us | Reports and publications | BP worldwide | Home Search: About BP Environment and society Products and services Investors Press Careers BP Global About BP Who we are Our history Our brands Our history History of BP History of Amoco History of Aral History of Arco/ampm History of Castrol Publications Group organization The board World advertising Our history BP today reflects a period of unprecedented transformation. This section explains the paths that make us what we are today In this section History of BP From Anglo-Persian Oil Company to global energy group: putting a 103 year journey into perspective A new company emerges Through two wars and beyond Shocks and successes The spirit of enterprise continues BP Archive unit History of Amoco How John D Rockerfeller built a Midwest business that grew to become an industry giant From the Midwest to Texas Chemicals to offshore Drive towards innovation and efficiency History of Aral Looking back on 106 years in the life of one of Gemany s most familiar brands History of ARCO/ampm Tracing the eventful progress of one of America s most famous and most trusted energy brands Acquisitions and mergers Planning for the future History of Castrol Advanced oils and lubricants for planes and automobiles how C.C. Wakefield gave the world Castrol Recovery and expansion follow crisis Publications The BP story in-depth: details of our official three-volume company history Related links Mergers and acquisitions Download information about BP s historical mergers and acquisitions back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/About BP/Group organization Site Index | Contact us | Reports and publications | BP worldwide | Home Search: About BP Environment and society Products and services Investors Press Careers BP Global About BP Who we are Group organization Our brands Our history Group organization The board World advertising Group organization BP's businesses are organized to deliver the energy products and services people around the world need right now In this section Exploration and Production Taking oil and natural gas resources from discovery through to development and production Refining and Marketing Focusing on supply and trading, refining, marketing and transportation of oil and petroleum products Gas, Power and Renewables Maximizing the value of our gas products; leading the development of renewable energy technologies Related links Segment results Summary of the latest quarterly results Strategy presentation John Browne (group chief executive) hosts a webcast covering group strategy Annual Report and Accounts 2004 'Making the right choices' - view our 2004 report online Related websites Gas, Power and Renewables back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/About BP/The board Site Index | Contact us | Reports and publications | BP worldwide | Home Search: About BP Environment and society Products and services Investors Press Careers BP Global About BP Who we are The board Our brands Our history Group organization The board Executive directors Non executive directors World advertising The board The board recognises that it has a unique role in representing and promoting the interests of shareholders. It is accountable to shareholders for the activities and performance of the group In this section Executive directors Profiles of our group chief executive and our other executive directors Non-executive directors Profiles of our chairman and our 12 other independent non-executive directors Related links Executive management Further information on structure and management of BP News by email Register to recieve the latest BP news by email back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/About BP/World advertising Site Index | Contact us | Reports and publications | BP worldwide | Home Search: About BP Environment and society Products and services Investors Press Careers BP Global About BP Who we are World advertising Our brands Our history Group organization The board World advertising Global campaign US advertising UK campaign German campaign BP Ultimate World advertising BP is a global energy business with a family of brands known around the world. We do business in 100 countries, with operations in Europe, North and South America, Asia, and Africa In this section Global campaign Details of our worldwide advertising programme for the BP group TV gallery Print gallery Share your thoughts US advertising Introducing the new BP on the Street campaign for 2005 TV gallery Print gallery Share your thoughts UK campaign View the TV commercials or read our latest print advertisements online TV gallery Print gallery Share your thoughts German campaign Share your thoughts BP Ultimate Click here for more on our BP Ultimate advertising campaign 10 million cars off the road Related links Our brands Details of our family of brands, recognized and respected in markets worldwide back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/About BP/What we do Site Index | Contact us | Reports and publications | BP worldwide | Home Search: About BP Environment and society Products and services Investors Press Careers BP Global About BP What we do BP at a glance Who we are What we do An overview of BP Exploration and production Pipelines and shipping Refining and marketing Gas and power Petrochemicals Renewable and alternative energy Where we operate How we run the business BP Explorer What we do Our business is about finding, producing and marketing the natural energy resources on which the modern world depends In this section An overview of BP What we do and where we do it - the focus of our business worldwide explained in brief Exploration and production BP at work upstream: our oil and natural gas operations today and our plans for the next five years Pipelines and shipping Managing a global oil and gas transportation network; developing our shipping fleet for tomorrow Refining and marketing BP downstream: refining, marketing and trading energy products in over 100 countries Gas and power Delivering integrated energy solutions: shipping and trading gas-derived products worldwide Petrochemicals Materials for living: producing the basic ingredients that go into every aspect of everyday life Renewable and alternative energy Developing the use of solar power, wind and hydrogen in the search for sustainable energy solutions Related links Decarbonised Fuels Aiming to produce electricity with 90% less carbon dioxide emissions Strategy presentation John Browne (group chief executive) hosts a webcast covering group strategy Our products Our aim to reduce our environmental footprint by producing cleaner energy products Environmental mapping tool Our new mapping tool aims to provide greater transparency on the issues we face at a local level Upstream major projects Learn about BP's upstream major projects operating across the globe back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/About BP/An overview of BP Site Index | Contact us | Reports and publications | BP worldwide | Home Search: About BP Environment and society Products and services Investors Press Careers BP Global About BP What we do An overview of BP An overview of BP Exploration and production Pipelines and shipping Refining and marketing Gas and power Petrochemicals Renewable and alternative energy An overview of BP Our main activities are the exploration and production of crude oil and natural gas; refining, marketing, supply and transportation; and the manufacture and marketing of petrochemicals. We also have a growing presence in gas and power and in solar power generation The way we organize our group mirrors the diversity of our activities. BP is divided into three main business segments: Exploration and Production; Refining and Marketing; and Gas, Power and Renewables. Our business segments operate across four regions. Their activities are supported by a number of key corporate functions. We operate in 100 countries with well-established businesses in Europe, North and South America, Australasia and Africa. Key reports View online or download some of our key reports Annual Report and Accounts 2004 'Making the right choices' - view our 2004 report online BP Sustainability Report 2004 Download or order a copy of our 2004 Sustainability Report back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/About BP/Exploration and production Site Index | Contact us | Reports and publications | BP worldwide | Home Search: About BP Environment and society Products and services Investors Press Careers BP Global About BP What we do Exploration and production An overview of BP Exploration and production Pipelines and shipping Refining and marketing Gas and power Petrochemicals Renewable and alternative energy Exploration and production Our upstream exploration and production activities include exploration, development and production of oil and natural gas Since 1989, our strategy has been to deliver superior returns by having a greater share of large, low cost oil and gas fields. This strategy remains unchanged today. We have one of the best exploration records in the industry. While industry average 'wildcat' exploration has a one in four success rate, we have achieved seven out of ten in the last several years. In the last six years, we have participated in more giant field discoveries than any of our major competitors. We are making a significant change in the scale of our business. Having achieved leadership positions in Alaska, the North Sea and in North American gas production, we are now developing new fields in the deep water of the Gulf of Mexico, in Angola, in Azerbaijan, in Trinidad, and in the liquefied natural gas business in Asia Pacific. We are also making an investment of over $6bn in Russia through our joint venture company TNK-BP, covering oil and gas fields, refineries and service stations. Over the next five years, more than 50% of the entire capital allocated for investment into upstream is intended to go into the five new profit centres referred to above, and they are expected to begin to contribute significant annual improvements in earnings and free cash flow starting in 2004. In addition to building these new profit centres, we also strive to maximise productivity in our existing upstream profit centres, the most notable of which are the North Sea, Alaska and North American gas. Productivity is optimised by maximising the economic recovery of barrels from these assets and by pursuing a best-in-class operating cost structure. Assets which do not merit investment, when compared with the rest of the portfolio, are divested, as a part of an ongoing strategy to continuously improve the quality of the upstream portfolio. back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/About BP/Pipelines and shipping Site Index | Contact us | Reports and publications | BP worldwide | Home Search: About BP Environment and society Products and services Investors Press Careers BP Global About BP What we do Pipelines and shipping An overview of BP Exploration and production Pipelines and shipping Refining and marketing Gas and power Petrochemicals Renewable and alternative energy Pipelines and shipping The Trans Alaska Pipeline System (TAPS) is one of our primary resources for the transportation of crude oil, the Central Area Transmission System (CATS) is one of our main natural gas pipelines. At present our shipping fleet is undergoing a multi-billion dollar renewal and expansion programme We have direct or indirect interests in several major crude oil and natural gas transportation systems. The main existing crude lines are the Trans Alaska Pipeline System (TAPS) in the USA, which transported an average million barrels of oil a day in 2002, and the Forties Pipelines System (FPS) in the UK sector of the North Sea where average throughput in 2002 was 820 thousand barrels a day. One of the main natural gas pipelines we operate and have a 29.5% interest in is the Central Area Transmission System (CATS) a 400-kilometre natural gas pipeline system in the central UK sector of the North Sea, which in 2002 transported 1.7 billion cubic feet of gas a day to Teesside in North East England. We also operate and have a 66% interest in the Destin Pipeline in the Gulf of Mexico, capable of transporting 1.2 billion cubic feet of gas a day. We have a 30.1% stake, in the Baku-Tbilisi-Ceyhan (BTC) oil pipeline currently under construction, operating the project on behalf of the Azerbaijan International Operating Company (AIOC). AIOC also operates the Western Export Route Pipeline between Azerbaijan, the Black Sea coast of Georgia and the Azeri leg of the Northern Export Route Pipeline between Azerbaijan and Russia. We have interests in several other pipelines in the US and UK. In the Gulf of Mexico we are constructing the deepest water pipeline system ever built, the Mardi Gras pipeline system, lying in more than 7,000 feet of water with over 450 miles of pipeline. The system includes five pipelines sized to transport a total of 1.0 million barrels of crude oil per day and 1.7 billion cubic feet per day. BP has an overall 65.4% ownership interest and is the Operator. In terms of shipping, our fleet is going through a multi-billion dollar renewal and expansion programme, with 11 new tankers delivered in the last year and another 30 plus ships on order. This programme will result in a near doubling in size of the controlled fleet by 2006 and result in a significant rise in the proportion of cargo carried by BP Shipping's modern double-hulled ships. back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/About BP/Refining and marketing Site Index | Contact us | Reports and publications | BP worldwide | Home Search: About BP Environment and society Products and services Investors Press Careers BP Global About BP What we do Refining and marketing An overview of BP Exploration and production Pipelines and shipping Refining and marketing Gas and power Petrochemicals Renewable and alternative energy Refining and marketing Our downstream operations refine, transport, sell and trade crude oil and petroleum products in over 100 countries worldwide. They include refineries, petrol stations, lubricants and business marketing In recent years, rapid growth has led to a larger and stronger footprint. We now retail fuel and, in many cases, everyday convenience items, through more than 25,000 petrol stations worldwide. They serve nearly 13 million customers each day through a collection of powerful brands, including Arco, Castrol, Amoco, Aral and BP. We use the BP and Amoco brand names in the USA east of the Rocky Mountains and ARCO to the west. We have kept the Aral name for use in Germany. In Europe, we are the second largest fuels' retailer overall, and the largest fuels' retailer in Germany - the biggest market. We have over 2,700 outlets in Germany today, mostly branded Aral, and this gives us a gasoline market segment share of about 22%. We are also number one or two, in most of our other European markets. We are the largest automotive lubricants marketer across Europe with a 17% market segment share, and again the largest player in Germany. In North America, we are the second largest fuels' marketer, with its Amoco Ultimate gasoline providing the highest premium grade ratio. We are developing our retail presence in China with partners Petrochina and Sinopec. They have established 324 petrol stations so far, with a plan to reach 500 by the end of 2003, and more than 1,400 by the end of 2007. The group is developing retail sites with large convenience stores that include a caf and bakery, and which offer freshly prepared foods. Retail shop sales at $5bn are only 2-3% of group turnover but carry a higher margin than petrol retailing and are growing. In Refining, our key objective is to operate safely an advantaged refining system more profitably than those of our competitors. We own, wholly or in part, 24 refineries: our share of processing capacity is 3.5 million barrels a day. Of these 24 refineries, 5 are in the USA, with 1.5 million barrels a day; 13 are in Europe, with 1.5 million barrels a day; and 6 are in other parts of the world with 0.5 million barrels a day. In addition and through our new joint venture with TNK, we have access to 5 Russian refineries. Air BP is one of the world's leading suppliers of fuel and fuel-related services to the aviation industry, with more than 10% of the market. It sells around 0.5 million barrels a day of aviation fuel in 90 countries. Sales grew by over 40% in the four years to 2002, much faster than the market. Castrol is the market and technical leader for automotive lubricants for the retail consumer and for specialised industrial lubricants. Castrol is also the market leader in marine lubricants and among the leaders for aviation and commercial vehicles. Castrol is currently the third largest marketer of lubricants overall but is gaining market share. We manufacture and market lubricant products and supply business customers and end-consumers in over 60 countries directly, and in the rest of the world through local distributors. Our business is concentrated on the sectors of automotive lubricants, especially in the consumer sector, but we also have a strong presence in business markets such as commercial vehicle fleets, marine and specialized industrial segments. We aim to achieve growth by further focusing our resources and capabilities on selected market spaces. Customer focus, distinctive brands and superior technology remain the cornerstones of our long-term strategy. We market lubricants through the two major brands of Castrol and BP, and several secondary brands including Duckhams and Veedol. The Veba acquisition strengthened our lubricants position in Germany and in Central Europe with the addition of the Aral brand to the BP Lubricants portfolio. In the consumer markets, we supply lubricants, other products and related business services to intermediate customers such as retailers and workshops (who in turn serve end-consumers including owners of cars, motorcycles and leisure craft) in the mature markets of Western Europe and North America and also in the fast growing markets of the developing world, such as Russia, China, India, Middle East, South America and Africa. The Castrol brand is recognized worldwide and we believe it provides us with a significant competitive advantage. In the commercial vehicle and general industrial markets, we supply lubricants and lubricant-related services to the transportation industry and to automotive manufacturers. Aromatics and acetyls Our aromatics and acetyls businesses have recently joined our Refining and Marketing business segment. BP has leading proprietary technology in these areas and benefits from strong positions in the growing Asian markets. Acetyls products are largely used as chemical intermediates in the production of derivative products. They are used in multitude of everyday consumer goods. BP is one of the leading free market supplier of acetyls products. Our other aromatics chemicals are essential raw materials for our aromatics chemical purified terephthalic acid (PTA). PTA is the preferred chemical intermediate for polyester fibres, films and containers, including PET bottles. back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/About BP/Gas and power Site Index | Contact us | Reports and publications | BP worldwide | Home Search: About BP Environment and society Products and services Investors Press Careers BP Global About BP What we do Gas and power An overview of BP Exploration and production Pipelines and shipping Refining and marketing Gas and power Petrochemicals Renewable and alternative energy Gas and power Our gas and power business adds value to other group businesses by integrated marketing and trading of energy and energy solutions. Our activities include shipping and trading of liquefied natural gas (LNG), and funding and building gas import terminals Our gas business markets gas, power and natural gas liquids (NGL) products. It finds markets for the large gas resources that we have in Alaska, Indonesia, Trinidad and other areas and develops the means to deliver gas to access these markets. The business also adds value to other Group businesses by integrated marketing and trading of energy and energy solutions and the development of high efficiency cogeneration plant to support Group manufacturing and processing facilities. Our markets are growing faster than most other parts of the energy business. Natural gas is growing at about 3% per annum - clear evidence of the continuing shift towards lower carbon fuels. New technology is helping natural gas to continue its penetration of the power sector, which will account for more than half of demand growth. LNG is set to enjoy particularly strong volume growth, forecast to be as much as 10% per annum. NGLs are growing at some 4%, reflecting