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BP p.l.c. (ID: 8243)
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BP Global Site Index | Contact us | Reports and publications | BP worldwide | Home Search: About BP Environment and society Products and services Investors Press Careers body mBot10"> What would you ask an oil company? We took a video camera onto the streets and asked people what they thought of key energy topics Visit our global advertising campaign Products and services On the road Fuels and stations , Fuel cards , Liquified Petroleum Gas (LPG) , Lubricants , Roadside assistance , Route planner For the home Liquified Petroleum Gas (LPG) , Online store , Solar and renewables For business Air BP , ARCO Aluminum , Bitumen , BP Marine , BP Openbooks , BP Shipping , Fuels , Fuel cards , Liquified Natural Gas (LNG) , Liquified Petroleum Gas (LPG) , Lubricants , Natural Gas , Natural Gas Liquids (NGL) , Petrochemicals , Power , Solar and renewables BP in Georgia Our sustainability review highlights our operations throughout Georgia John Browne in Singapore International leadership lecture Third quarter 2005 results Download a copy of our latest results Kick start your career UK graduate programmes are now open 30 years and 3,000 people Learn about our operations in China Select a country Algeria Angola Argentina Australia Austria Azerbaijan Bangladesh Belgium Bolivia Bosnia and Herzegovina Botswana Brazil Canada China (Hong Kong & Taiwan) Colombia Croatia Czech Republic Denmark Egypt Faroe Islands France Germany Greece Hungary India Indonesia Ireland Italy Japan Kazakhstan Kuwait Lesotho Luxembourg Malawi Malaysia 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 Korea South West Pacific Spain Swaziland Sweden Switzerland Tanzania Thailand Trinidad & Tobago Turkey United Arab Emirates United Kingdom United States Uruguay Venezuela Vietnam Yugoslavia Zambia Zimbabwe Press releases Strong Environment, Strong Performance 25 October 2005 Former U.S. Secretary of State James A Baker, III to Chair Independent Safety Review Panel 24 October 2005 BP Makes Ninth Oil Discovery in the Ultra-Deep Water Block 31 Angola 21 October 2005 Apex- BP Solar Takes Part in the Electrical Development of the Great Southern Desert of Tunisia 20 October 2005 More Publications Half year investor fact sheet BP code of conduct Statistical Review of World Energy Sustainability Report 2004 BP Annual Report 2004 More back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global Site Index | Contact us | Reports and publications | BP worldwide | Home Search: About BP Environment and society Products and services Investors Press Careers body mBot10"> What would you ask an oil company? We took a video camera onto the streets and asked people what they thought of key energy topics Visit our global advertising campaign Products and services On the road Fuels and stations , Fuel cards , Liquified Petroleum Gas (LPG) , Lubricants , Roadside assistance , Route planner For the home Liquified Petroleum Gas (LPG) , Online store , Solar and renewables For business Air BP , ARCO Aluminum , Bitumen , BP Marine , BP Openbooks , BP Shipping , Fuels , Fuel cards , Liquified Natural Gas (LNG) , Liquified Petroleum Gas (LPG) , Lubricants , Natural Gas , Natural Gas Liquids (NGL) , Petrochemicals , Power , Solar and renewables BP in Georgia Our sustainability review highlights our operations throughout Georgia John Browne in Singapore International leadership lecture Third quarter 2005 results Download a copy of our latest results Kick start your career UK graduate programmes are now open 30 years and 3,000 people Learn about our operations in China Select a country Algeria Angola Argentina Australia Austria Azerbaijan Bangladesh Belgium Bolivia Bosnia and Herzegovina Botswana Brazil Canada China (Hong Kong & Taiwan) Colombia Croatia Czech Republic Denmark Egypt Faroe Islands France Germany Greece Hungary India Indonesia Ireland Italy Japan Kazakhstan Kuwait Lesotho Luxembourg Malawi Malaysia 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 Korea South West Pacific Spain Swaziland Sweden Switzerland Tanzania Thailand Trinidad & Tobago Turkey United Arab Emirates United Kingdom United States Uruguay Venezuela Vietnam Yugoslavia Zambia Zimbabwe Press releases Strong Environment, Strong Performance 25 October 2005 Former U.S. Secretary of State James A Baker, III to Chair Independent Safety Review Panel 24 October 2005 BP Makes Ninth Oil Discovery in the Ultra-Deep Water Block 31 Angola 21 October 2005 Apex- BP Solar Takes Part in the Electrical Development of the Great Southern Desert of Tunisia 20 October 2005 More Publications Half year investor fact sheet BP code of conduct Statistical Review of World Energy Sustainability Report 2004 BP Annual Report 2004 More 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 BP Global Site Index Site Index About BP BP at a glance Who we are - Our brands - Our history - Group organization - The board - World advertising 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 - BP worldwide How we run the business - How BP works - Corporate governance - Our brand - Our objectives - Our values - Code of conduct - Technology BP Explorer - The Global Challenge - The race - The yacht - The route - The people - The selection - The video gallery - Save the Children - the race charity Environment and society BP and responsibility - Introduction - Business benefits - GCE's statement - Achievements - Challenges - How we run our business - Dialogue and engagement - How we report Our operations - Overview - Environmentally sensitive areas - Management and compliance - Energy efficiency - Air emissions - Halocarbons - Water management - Spills - Waste management - Green office - Land restoration and decommissioning Health, safety and security - Overview - Personal safety - Driving safety - Site safety - Occupational health - Public Health - Security Our people - Employees - Diversity - Inclusion - Meritocracy Business ethics - Setting high standards - BP's code of conduct - Certification - Raising awareness - Bribery and corruption - OpenTalk - Policy breaches - Political activity Climate change - Overview - Explaining the issue - Facing the challenge - Stabilizing emissions - Emissions from our products - Emissions from our operations - Emissions trading - Supporting research - Carbon capture and storage Carbon reduction - Carbon footprint calculator - What BP is doing - What others are doing - What you can do Our products - Explaining the issues - Outlining our approach - Gas - Renewable energy - Using our products safely - Fuels for transport - Petrochemical products - Hydrogen - Cleaner fuels In society - Overview - Community relations - Enterprise development - Education - Access to energy - Human rights - Revenue management Feedback Products and services Fuels and stations LPG - For the home Lubricants - For business Power Natural Gas LNG - For business Petrochemicals - Acetyls, aromatics, PTA Fuel cards LPG - On the road LPG - For business Route planner Roadside assistance Online store Fuels Lubricants Solar and renewables Bitumen Marine BP Openbooks Investors Introduction to BP Structure and management - Overview - Executive management Strategy and initiatives - Strategy February 2005 - Russia - Upstream major projects - Mergers and acquisitions Financial performance - Financial results - Annual Report and Accounts - Financial and operating information - 2005 reporting changes - Quarterly F&OI update - UK RNS filings - 20-F and SEC filings - Share buyback - Shares in issue Financial calendar Investing in BP - Our ISA & PEP - Learn about investing Shareholder services - Ordinary shareholders - ADS holders Shareholder meeting and voting - Shareholder Requisitioned Resolutions - AGM 2005 IR contacts Investor tools - Detailed share price - Share charts - Share price calculator and look-up ordinary shareholders - Share price calculator and look-up ADS holders - Share price calculator and look-up Frankfurt shareholders - Interactive analyst - Regulatory information service Deutsche Investoren - BP im berblick - BP Aktie - Ausblick - Finanzkalender - Rechtlicher Hinweis Press Press Releases Browse by theme Images/Graphics Features and news Speeches Careers Warning Work environment Professional development - Career stories Group wide programmes - Eurograduate programme - Global MBA - European accounting programme Select your country - Algeria - Angola - Azerbaijan - Norway - United States - Italy - Turkey - Portugal - India - North and South East Asia - Russia - Mexico - Peru - Argentina - Bolivia - Chile - Venezuela - Colombia - Brazil - Pakistan - Kuwait - Dubai - Abu Dhabi - Sharjah - Canada - Croatia - Cyprus - Georgia - Romania - Africa - United Kingdom - Norway - Egypt - Austria - Greece - Belgium - Germany - China - Trinidad and Tobago - Indonesia - Netherlands - New Zealand - South West Pacific - Spain - Switzerland Australia - Working in Australia Czech Republic - Working in Czech Republic Denmark - Working in Denmark Finland - Working in Finland France - Travailler en France Hungary - Working in Hungary Poland - Working in Poland Slovak Republic - Working in Slovak Republic Sweden - Working in Sweden Vietnam - Working in Vietnam Reports and publications Reports - Financial reports - Presentations - Environment and Society reports - Country sustainability reports - Shareholder information - Mergers and acquisitions 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 - Issue 13 - Issue 12 - Issue 11 - Issue 10 - Issue 09 - Archives BP Magazine - Issue two - 2005 - Issue one - 2005 - Archive 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. 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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/Reports and publications 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 Statistical Review of World Energy 2005 Frontiers BP Magazine Reports and publications Putting energy in the spotlight The BP Statistical Review of World Energy 2005 tells the story of the world's current and historical energy trends View statistics and interactive tools Highlights Putting energy in the spotlight Statistical Review of World Energy 2005 BP Annual Report and Accounts 2004 Download the complete report or view the summary version online Frontiers Access the new edition of BP's technology magazine The Alaska location report Read about our environmental, social and business performance in Alaska In this section Reports Financial reports Presentations Environment and society Country sustainability reports Shareholder information Mergers and Acquisitions Statistical Review of World Energy 2005 Detailed analysis of the world's energy markets 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 Issue 13 Issue 12 Issue 11 Issue 10 Issue 09 Archives Find out more about technology in BP Frontiers contact and copyright information BP Magazine Issue two - 2005 Issue one - 2005 Archive back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/About BP/BP worldwide 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 Where we operate BP worldwide BP worldwide Algeria Indonesia Saudi Arabia Angola Ireland Singapore Argentina Italy Slovak Republic Australia Japan Slovenia Austria Kazakhstan South Africa Azerbaijan Kuwait South Korea Bangladesh Lesotho South West Pacific Belgium Luxembourg Spain Bolivia Malawi Swaziland Bosnia and Herzegovina Malaysia Sweden Botswana Mexico Switzerland Brazil Mozambique Tanzania Canada Namibia Thailand China, Hong Kong and Taiwan Netherlands Trinidad & Tobago Colombia New Zealand Turkey Croatia Norway United Arab Emirates Czech Republic Oman United Kingdom Denmark Pakistan United States Egypt Papua New Guinea Uruguay Faroe Islands Peru Venezuela France Philippines Vietnam Germany Poland Yugoslavia Greece Portugal Zambia Hungary Russia Zimbabwe India back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/About 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 BP at a glance Who we are What we do Where we operate How we run the business BP Explorer About BP What size is your footprint? Find out how your household and lifestyle choices affect your CO2 emissions and what BP is doing about global warming Launch the carbon footprint calculator Main features Our brands A family of brands that are recognized and respected in markets worldwide World advertising View online some of our most recent advertising campaigns Code of conduct As one of the world s leading companies, we have a responsibility to set high standards Technology How we are using technology to make a real and sustained difference In this section BP at a glance Market capitalization, revenues, reserves, daily production, sales figures and more BP facts and figures Did you know that...? Who we are A distinctive energy business with a unique history and a family of brands known around the world Our brands Our history Group organization The board World advertising What we do A sustainable energy business providing products for light, heat and mobility An overview of BP Exploration and production Pipelines and shipping Refining and marketing Gas and power Petrochemicals Renewable and alternative energy Where we operate A global energy business: 103,000 people at work in over 100 countries around the world BP worldwide How we run the business A responsible energy business founded on strong values and with clear policies and objectives How BP works Corporate governance Our brand Our objectives Our values Our code of conduct Technology BP Explorer The Global Challenge The race The yacht The route The people The selection Video gallery Save the Children - the race charity back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/Environment and society Site Index | Contact us | Reports and publications | BP worldwide | Home Search: About BP Environment and society Products and services Investors Press Careers BP Global Environment and society BP and responsibility Our operations Health, safety and security Our people Business ethics Climate change Carbon reduction Our products In society Feedback Environment and society What size is your footprint? Find out how your household and lifestyle choices affect your CO2 emissions and what BP is doing about global warming Visit our new carbon reduction site and try our carbon footprint calculator Highlights HSE charting tools View, health, safety, environmental and climate change data BP's environmental mapping tool Access environmental management information about individual BP sites BP sustainability report 2004 Download or order a copy of our 2004 Sustainability report Case studies Take a closer look at some real examples of BP at work In this section BP and responsibility What responsibility means to us; how we run our business; how we report; how we build dialogue Introduction Business benefits Group chief executive's statement Achievements Challenges How we run our business Dialogue and engagement How we report Our operations Operating responsibly - the environmental impact of our business from access to exit Overview Environmentally sensitive areas Management and compliance Energy efficiency Air emissions Halocarbons Water management Spills Waste Green office More... Health, safety and security Why and how we make health, safety and security a top priority; performance data for 2004 Overview Personal safety Driving safety Site safety Occupational health Public health Security Our people Investing in our most valuable asset; focusing on recruitment, development, diversity and inclusion Employees Diversity Inclusion Meritocracy Business ethics The codes, policies and processes that help us work in an open, fair and ethical way Setting high standards BP's code of conduct Certification Raising awareness Bribery and corruption OpenTalk Policy breaches Political activity Climate change Why climate change matters; what we can do to help address this pressing global issue Overview Explaining the issue Facing the challenge Stabilizing GHG levels Emissions from our products Emissions from our operations Emissions trading Supporting research Carbon capture and storage Carbon reduction Measure your own carbon footprint and find out how we are can all help reduce carbon emissions What BP is doing What others are doing What you can do Our products Meeting rising demand for energy; developing and delivering cleaner, more efficient energy Explaining the issue Outlining our approach Gas Renewable energy Using our products safely Fuels for transport Petrochemical products Hydrogen Cleaner fuels In society Building trust and lasting relationships in communities worldwide to create mutual advantag Overview Community relations Enterprise development Education Access to energy Human rights Revenue management Feedback Tell us what you think of our online sustainability reporting; we need your feedback to improve it in future back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/Products and services Site Index | Contact us | Reports and publications | BP worldwide | Home Search: About BP Environment and society Products and services Investors Press Careers BP Global Products and services Products and services On the road Fuels and stations Fuel cards Liquified Petroleum Gas (LPG) Lubricants Roadside assistance Route planner For the home Liquified Petroleum Gas (LPG) Online store Solar and renewables For business Air BP ARCO Aluminum Bitumen BP Marine BP Openbooks BP Shipping Fuels Fuel cards Liquified Natural Gas (LNG) Liquified Petroleum Gas (LPG) Lubricants Natural Gas Natural Gas Liquids (NGL) Petrochemicals Power Solar and renewables back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/Investors 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 Introduction to BP Structure and management Strategy and initiatives Financial performance Financial calendar Investing in BP Shareholder services Shareholder meeting and voting IR contacts Investor tools Deutsche Investoren Investors What size is your footprint? Find out how your household and lifestyle choices affect your CO2 emissions and what BP is doing about global warming Launch the carbon footprint calculator In this section BP Annual Report and Accounts 2004 Understand your investment Learn more about investing Interactive investor tools Compare a wide selection of BP's financial and operating figures Ordinary shareholders Information for Ordinary shareholders ADS holders Information for American Depositary Share holders Highlights Latest presentations and key news 3Q 2005 results View an archive of the presentation 3Q 2005 trading update Half year review 2005 Our performance for the first half of 2005 International Financial Reporting Standards Financial and operating information 2000-2004 Download the full document or key sections Financial reports Financial reports, quarterly results and a full archive of investor information Financial calendar Details of forthcoming and recent financial events Share buyback Latest detail of the buyback programme Regulatory information service View latest releases and a complete archive Share price GBp 638.00 2.50 USD 65.91 -0.04 EUR 9.42 0.00 Market data delayed by 20 min Buying and selling BP ordinary shares Buying and selling BP ADS shares Sign up to receive BP shareholder documents by email Ordinary shareholders ADS holders Register for news Get the latest BP press releases by email Shareholder services Learn more about your own shareholdings Ordinary shareholders ADS holders Market data delayed by 20 min, provided by: Disclaimer Delivered by: Disclaimer back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/Press Centre 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 Images/Graphics Features and news Speeches Press Centre Welcome to the BP Press Centre Download print quality images, review our news and announcements, speeches and special feature articles view our latest press releases Related links Carbon reduction How big is your carbon footprint? Press feedback Please tell us how useful you find the BP Press Centre Register for news Get the latest BP press releases by email Reports and Publications Financial reports, presentations, BP magazines and features In this section Press Releases Review the latest press releases or browse our archive of releases going back to 1996 Images and graphics Search for press images by theme and download print quality images Features and news Special features on a variety of BP issues Speeches Review the latest speeches by Lord Browne and BP's Executive team or search our archive going back to 1997 Contact information A list of main media contacts back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/Careers Site Index | Contact us | Reports and publications | BP worldwide | Home Search: About BP Environment and society Products and services Investors Press Careers BP Global Careers Work environment Professional development Group wide programmes Select your country Careers Different people, common goals We're looking for people who share our ambition to be competitive, successful and a force for good A diverse and inclusive work force Highlights Group wide programmes Global and European opportunities for MBAs and graduates Training schemes in the UK Opportunities for graduates and interns Careers in BP UK Retail Nationwide store opportunities in our innovative retail business Trader development Learn how to optimize BP s assets and get the chance to become a trader In this section Work environment We believe in creating a work environment of mutual trust, respect, inclusion and diversity Diversity and inclusion Work life balance Resourcing strategies An opportunity to grow Professional development How graduate careers develop within BP Career stories Group wide programmes Learn about BP's group wide programmes and our commitment to professional development Eurograduate programme Global MBA programme Finance, Control and Accounting (FC&A) Graduate Europe Select your country We employ about 110,000 people in over 100 different countries Select a country Search for careers in the country of your choice. Select Abu Dhabi Algeria Angola Argentina Australia Austria Azerbaijan Belgium Bolivia Botswana Brazil Canada Chile China Colombia Croatia Cyprus Czech Republic Denmark Dubai Egypt Finland France Georgia Germany Greece Hong Kong Hungary India Indonesia Italy Japan Kuwait Malawi Malaysia Mexico Mozambique Namibia Netherlands New Zealand Norway Pakistan Peru Philippines Poland Portugal Romania Russia Sharjah Singapore Slovak Republic South Africa South Korea South West Pacific Spain Sweden Switzerland Taiwan Tanzania Thailand Trinidad and Tobago Turkey United Kingdom United States Venezuela Vietnam Zambia Zimbabwe Time to go on a low-carbon diet? A new advertising campaign focusing on BP's efforts to reduce carbon emissions Find out more back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/About BP/Global campaign 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 Global campaign Global campaign TV gallery Print gallery Share your thoughts US advertising UK campaign German campaign BP Ultimate Global campaign Our global advertising programme explains how we are acting on the challenges of climate change, energy security, new sources of energy and our ecological footprint In this section TV gallery New sources of energy Global climate change Print gallery Cleaner fuels New sources of energy Global climate change Ecological footprint Share your thoughts Related links Where we operate Details of our operations in over 100 countries worldwide back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/Products and services/Fuels and stations Site Index | Contact us | Reports and publications | BP worldwide | Home Search: About BP Environment and society Products and services Investors Press Careers BP Global Products and services Fuels and stations Fuels and stations BP Select a site: Australia Austria Netherlands New Zealand Poland Portugal Spain Switzerland BP BP Ultimate Select a site: Australia Austria Germany Greece Netherlands Poland Portugal Spain Turkey United Kingdom United States BP Ultimate AMPM Select a site: www.ampm.com ARCO Gas Select a site: www.arcogas.com Aral Select a site: Czech Republic Germany Luxembourg Aral Related links Cleaner fuels Improving the quality of our fuels and making a positive contribution towards a cleaner environment back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/Products and services/Fuel cards Site Index | Contact us | Reports and publications | BP worldwide | Home Search: About BP Environment and society Products and services Investors Press Careers BP Global Products and services Fuel cards Fuel cards BP Plus BP Plus offers convenience, control, flexibility and efficiency of your fleet Select a site: Australia Austria France Greece Netherlands Poland Portugal Spain Switzerland (German) Switzerland (French) UK BP Plus Aral Card For maximum mobility, security and administrative efficiency of your car or fleet Select a site: Czech Republic Germany Luxembourg Aral Card US fuel cards Apply now and enjoy all of these benefits Select a site: US fuel cards BP fuel card online New Zealand Select a site: BP fuel card New Zealand back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/Products and services/LPG - on the road Site Index | Contact us | Reports and publications | BP worldwide | Home Search: About BP Environment and society Products and services Investors Press Careers BP Global Products and services LPG - On the road LPG - on the road LPG in your region Liquefied Petroleum Gas (LPG) is one of the cleanest automotive fuels available Select a site: Austria Belgium Denmark Germany Netherlands Poland Portugal Spain Turkey UK LPG in your region LPG site locator tool Find service stations in the UK that offer LPG Related links Gas and power Information on our growing gas and power segment back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/Products and services/Lubricants Site Index | Contact us | Reports and publications | BP worldwide | Home Search: About BP Environment and society Products and services Investors Press Careers BP Global Products and services Lubricants Lubricants BP Lubricants Committed to technology that stimulates innovation whilst helping to protect the environment Select a site: Austria Belgium China Czech Republic Denmark Estonia Finland France Germany Greece Hungary Italy Korea Latvia Lithuania Netherlands Norway Portugal Slovak Republic Spain Sweden Switzerland Taiwan Turkey United Kingdom United States BP Lubricants Castrol Castrol motor oils for cars, motorcycles, trucks, boats and planes. Select a site: Castrol motor oils global website Aral Reliability you can trust - high quality lubricants made in Germany Select a site: Global (English) Global (German) Belarus Bosnia and Herzegovina Croatia France Hungary Lithuania Romania Russian Federation Slovenia Ukraine Aral back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/Products and services/Roadside assistance Site Index | Contact us | Reports and publications | BP worldwide | Home Search: About BP Environment and society Products and services Investors Press Careers BP Global Products and services Roadside assistance Roadside assistance BP/Amoco MotorClub Need any roadside assitance? We've been providing it to the American public for 30 years Select a site: BP/Amoco MotorClub back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/Products and services/Route planner Site Index | Contact us | Reports and publications | BP worldwide | Home Search: About BP Environment and society Products and services Investors Press Careers BP Global Products and services Route planner Route planner BP Plus BP routefinder of Europe - highlighting all BP service stations along the way Select a site: BP Plus routefinder website Dutch route planner BP Plus Aral Organise and plan your route across Europe with Aral's online routefinder Select a site: Aral Germany routefinder covering all of Europe back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/Products and services/LPG - for the home Site Index | Contact us | Reports and publications | BP worldwide | Home Search: About BP Environment and society Products and services Investors Press Careers BP Global Products and services LPG - For the home LPG - for the home LPG in your region LPG is an ideal fuel to cook with, to fuel your central heating and to heat your swimming pool Select a site: Austria Belgium Denmark Germany Netherlands Poland Portugal Spain Turkey United Kingdom LPG in your region LPG site locator tool Find service stations in the UK that offer LPG Related Items Gas and power Information on our growing gas and power segment back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/Products and services/Online store Site Index | Contact us | Reports and publications | BP worldwide | Home Search: About BP Environment and society Products and services Investors Press Careers BP Global Products and services Online store Online store BP express BP Austria's online store, where you can buy everything from laptops to digital cameras Select a site: Austria Aral store Aral's online store, where shopping is a simple experience Select a site: Aral store back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/Products and services/Solar and renewables Site Index | Contact us | Reports and publications | BP worldwide | Home Search: About BP Environment and society Products and services Investors Press Careers BP Global Products and services Solar and renewables Solar and renewables Solar BP Solar manufactures, designs and installs photovoltaic solar electric products and systems Select a site: Global Australia France Germany India North America Spain United Kingdom Solar Wind and other renewables Beyond petroleum - our work developing renewable energy sources Select a site: BP and renewable energy Related Items Renewable energy back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/Products and services/Bitumen Site Index | Contact us | Reports and publications | BP worldwide | Home Search: About BP Environment and society Products and services Investors Press Careers BP Global Products and services Bitumen Bitumen Global Providing solutions which make a real difference in a demanding road construction environment Select a site: Bitumen Global Country sites A look at the BP Bitumen business across the globe Select a site: Australia Austria France Germany Poland Spain Sweden Switzerland United Kingdom Country sites back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/Products and services/Marine Site Index | Contact us | Reports and publications | BP worldwide | Home Search: About BP Environment and society Products and services Investors Press Careers BP Global Products and services Marine Marine BP Marine BP Marine is a world leader supplier of fuels, lubricants and technical services Select a site: Global France BP Marine Castrol Marine Castrol Marine provides complete lubrication service to the marine industry for all types of vessels Select a site: Castrol Marine back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/Products and services/BP Openbooks Site Index | Contact us | Reports and publications | BP worldwide | Home Search: About BP Environment and society Products and services Investors Press Careers BP Global Products and services BP Openbooks BP Openbooks BP Openbooks is an advanced invoice and settlement tracking system operated by BP Oil International Limited. It aims to make life much simpler for everyone working with invoices - because it makes information much easier to find, process and understand. BP Openbooks is a simple yet comprehensive system based on document recognition technology and accessible through the internet. It uses a single web interface to manage a variety of tasks. It is called BP Openbooks because it makes BP Oil's business processes transparent to their customers and business partners. International trading across different time zones can lead to delays in processing invoices and payments for many companies. BP Openbooks puts an end to these problems. Nomore, "Where's the invoices?" No more, "It should have been paid by now" No more, "I can't get them on the phone." BP Openbooks is a service of BP Oil International Limited. In this section How BP Openbooks works Explore the benefits Explore the functionality How do I get set up? Technical information Terms and conditions Contact us back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Shipping Site Index | Contact us | BP Shipping | Home Search: About us Environment & Society Products & Services Press Reports and publications Investors Careers body mBot10"> BP Shipping This year BP Shipping celebrates its 90th anniversary, which makes us one of the most experienced fleet operators in the energy business. Find out more Tools Vetting Inspection Request This form as been created for Vetting Inspection Request Vetting Inspection Request New Build Questionnaire This questionnaire should be submitted to BP Shipping on or before delivery of the vessel. New Build Questionnaire Management of Change Questionnaire This form is for the submission of Management of Change Management of Change Questionnaire Terminal Feedback This form is for Terminal Feedback Terminal Feedback Careers People who want to change the world with new ideas. Video Gallery Want to find out more about BP Shipping then visit our video gallery Health & Safety BP controlled ships have the best HSE performance in the industry. Our Fleet The BP Shipping Fleet BP Educational Service (BPES) At BP Educational Service (BPES), we produce and distribute educational resources about BP and our industry, aimed at students aged 5 - 19. Press releases BP Press Centre Publications Frontiers - High seas safety BP Reports & Publications Annual Report and Accounts 2004 BP code of conduct BP Magazine Back to top 2000-2005 BP p.l.c. | Legal information | Privacy statement BP Global/Products and services/Fuels Site Index | Contact us | Reports and publications | BP worldwide | Home Search: About BP Environment and society Products and services Investors Press Careers BP Global Products and services Fuels Fuels Aviation Each year Air BP supplies over 8 bn gallons of aviation fuels and lubricants to customers worldwide Select a site: Air BP BP Marine BP Marine is a world leader supplier of fuels, lubricants and technical services Select a site: BP Marine Automotive BP has four brands in automotive fuels and stations, BP, Aral, AMPM and Ultimate Select a site: Automotive fuels back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/Products and services/LNG - for business Site Index | Contact us | Reports and publications | BP worldwide | Home Search: About BP Environment and society Products and services Investors Press Careers BP Global Products and services LNG - For business LNG - for business Liquified Natural Gas LNG is used to move natural gas from producer to consumer where pipelines are not economic Select a site: Global North America Liquified Natural Gas back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/Products and services/LPG - for business Site Index | Contact us | Reports and publications | BP worldwide | Home Search: About BP Environment and society Products and services Investors Press Careers BP Global Products and services LPG - For business LPG - for business LPG in your region Liquefied Petroleum Gas (LPG) has many purposes in business Select a site: Austria Belgium Denmark Germany Netherlands Poland Portugal Spain Turkey UK LPG in your region LPG site locator tool Find service stations in the UK that offer LPG Related Items Gas and power Information on our growing gas and power segment back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/Products and services/Lubricants Site Index | Contact us | Reports and publications | BP worldwide | Home Search: About BP Environment and society Products and services Investors Press Careers BP Global Products and services Lubricants - For business Lubricants BP industrial lubricants BP has a vast range of industrial lubricant products aimed at all levels of industry Select a site: Global Italy Netherlands Portugal Spain Sweden United Kingdom BP industrial lubricants Automotive lubricants Committed to technology that stimulates innovation whilst helping to protect the environment Select a site: Lubricants Castrol industrial lubricants Castrol Advantage brings together world-class products and services and innovative support Select a site: Global Australia Austria Brazil Canada Chile Denmark Germany Japan North America Norway Poland Sweden Switzerland Taiwan Turkey United Kingdom Castrol industrial lubricants Marine BP Marine is a world leader supplier of fuels, lubricants and technical services Select a site: BP Marine Aviation Each year we supply over 8 billion gallons of aviation fuels and lubricants to customers worldwide Select a site: Air BP Aral industrial lubricants A guide to Aral's industrial lubricants Select a site: Global Germany Aral industrial lubricants back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/Products and services/Natural Gas Site Index | Contact us | Reports and publications | BP worldwide | Home Search: About BP Environment and society Products and services Investors Press Careers BP Global Products and services Natural Gas Natural Gas Natural Gas Select a site: Global Germany Netherlands North America Spain United Kingdom Natural Gas back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Gas Power and NGL/Welcome to our NGL.com Home Page Site Index | Contact us | BP Gas Power and NGL | www.bp.com Search: About BP Gas Power and NGL Learn more Products and Services BP Gas Power and NGL Products and Services NGL - NGL.com homepage Natural Gas NGL - NGL.com homepage NGL.com info What is NGL? News and updates Safety Risk Management NGL Pipeline information USA Power Products Canada Power Products ProGas Emissions & Renewables Trading Energy Services Tools and Information MSDS-TDS Welcome to our NGL.com Home Page The NGL Unit is the #1 supplier of NGLs in North America, marketing over 500,000 barrels per day of liquids including propane and butane. We are made up of over 800 employees coordinating Marketing, Sales, Supply, and Transportation of NGLs. In this section Access our NGL OUTAGE TABLE information Access our NGL OUTAGE TABLE info for your railcar needs NGL.com Information Get ahead of the game with customized information from NGLNow our NGL web site. What is NGL? Click here to find out the details and definitions of NGL and it's related products Click here to access Useful Industry Links related to NGL NGL News and Updates Read all about it! - NGL News and Updates NGL Safety Section Get the SAFETY info regarding our NGL Emergency Response Training Vechiles: Rover and Safety Train What is Risk Management? - Introduction Risk management refers to a range of tools or products which will help a company to manage its exposure to price volatility. NGL - Risk Management Term: Hedging and Speculation NGL - Risk Management Term: Volitility NGL - Risk Management Term: Exposure NGL - Risk Management Tool: Pre-Buy NGL Risk Management Tools: Swap NGL - Risk Management Tool: Price Cap NGL - Risk Management Tool: Price Floors NGL - Risk Management Tool: Price Collar Do you have questions regarding NGL Risk Management services? NGL Pipeline Information Safety and information Canada Pipeline Information US Pipeline Information Being a Good Neighbor NGL.com Related Links LOG ON to NGL.com Get ahead with customized information from NGL.com Click here to register to NGL.com Complete and submit the registration form to gain access to our NGL.com site. NGL.com Guide Tour Self guided tour regarding useful information about our NGL.com web site NGL Sales and Marketing contact information Get information: Contact, Title, Phone, Email and NGL.com link Back to top 1999-2005 BP America Inc. | Privacy statement | Legal notice BP Global/Products and services/Looking for BP Petrochemicals? Site Index | Contact us | Reports and publications | BP worldwide | Home Search: About BP Environment and society Products and services Investors Press Careers BP Global Products and services Petrochemicals Acetyls, aromatics, PTA Looking for BP Petrochemicals? We ve made some changes BP has reconfigured its Petrochemical businesses. Our ambition is to improve the way we serve our customers and work beside them in the pursuit of excellence and success Visit Innovene for Olefins and derivatives A new look website and a new name Innovene In this section Acetyls, aromatics, PTA Global businesses that touch the lives of billions of people About our businesses Our products Our technology back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/Products and services/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 Products and services Power Power Power BP markets and trades gas and power to provide energy for business Select a site: Global Germany Netherlands North America Spain UK Power Related links Gas, power and renewables GPR is one of the four business segments. Read more about BP's group organisation Gas and power Overview of the gas and power business back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/Reports and publications/Georgia 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 Country sustainability reports Georgia Azerbaijan Angola Alaska The Caspian Georgia Germany Germany location report Indonesia New Zealand Scotland Southern Africa Georgia The review covers BP Georgia's business approach, environmental record and its role in society. This is the first time BP has published such a report specifically on its operations in Georgia. This first account of our sustainability performance forms a part of our commitment to local engagement BP's business in Georgia is an integral part of its activities in the Caspian region, and is of a long-term importance to BP as it moves from investment in projects to operations. Download BP Georgia Sustainability Review 2004, English ,pdf ,398KB Download BP Georgia Sustainability Review 2004, Georgian ,pdf ,421KB BP has been represented in Georgia since 1996 and is committed to contributing to and playing its part within Georgia's growing economy and social stability in the years ahead. In Georgia, BP already operates the Western Route Export Pipeline, known as WREP. This 830km pipeline transports oil from the Azeri, Chirag Gunashli (ACG) field in the Caspian Sea via Sangachal terminal in Azerbaijan to the Supsa terminal on the Black Sea coast of Georgia. We manage two other major pipeline projects - Baku-Tbilisi-Ceyhan pipeline (BTC), construction of which is already complete in Georgia and the South Caucasus gas pipeline (SCP), running in parallel to BTC, which is still under construction. In addition to these three major projects our aviation trading business has been active in Georgia since 1998. Download the report BP Georgia Sustainability Review 2004 English language BP Georgia Sustainability Review 2004 Georgian language Related links Caspian development and export back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/Press/International Leadership Lecture, presented by CapitaLand 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 Speeches Press Releases Images/Graphics Features and news Speeches International Leadership Lecture, presented by CapitaLand Speaker: Lord Browne Speech date: 04 November 2005 Venue: Shangri-La Hotel in Singapore Title: Group Chief Executive Ladies and Gentlemen, good afternoon and thank you for that very generous introduction. It s a real pleasure to come back to Singapore a place I ve known and admired for over 50 years. Singapore is one of our most important centres of activity in Asia. Many of our businesses and functions have their Asian regional offices here, and we ve just established a new and very important Data Centre, which will provide a hub for all our links across the region. I d like to take this opportunity to thank everyone for the kindness and hospitality with which BP and all our staff are treated. This is a great place to do business, and a great place from which to do business across the whole of this region. But there s also a personal pleasure in coming back, because I lived here for 3 years from the age of 5 to 8, and I have some wonderful memories. Later, Singapore taught me a great deal about the importance of Asia in the world, about the value of open markets and trade, and perhaps most important of all, about the value of a genuinely multicultural, meritocratic society, in which people are judged on what they can do, and not on their background. The world has changed a great deal in those fifty years. The world s population has almost doubled. From three and a half billion to six and a half. The world s economy has grown by 680 per cent, led by trade which has expanded twenty-fold. Because of that, average per-capita incomes have increased by 2 per cent a year, despite the growth in the number of people. And behind that average figure lies the stunning fact that more than a billion people have been lifted out of poverty Far more, proportionately, than at any other time in history. There are many fascinating elements within that story of economic progress. Markets have developed, first regionally and now globally in finance, goods, services, energy and information. Those markets have developed, particularly in the last twenty years, with the support of amazing advances in communication and technology. We ve moved, within a very short time, beyond the world in which markets were defined by national boundaries. That process, by encouraging specialisation, has led the improvement in personal living standards. Those freed from poverty have gained more than any other single group from globalisation. And it is those who have no access to the market system those who cannot trade, or develop their skills who have most to gain from that process continuing. The trade talks in Hong Kong in December are important, not just for those who are already beneficiaries of an open trading system, but even more important for those who are not yet part of that system. The last fifty years have also brought dramatic changes for business. In the 1950s and 60s, to be an international company was exceptional. To trade and invest internationally was considered rather exotic, and something done only by businesses in particular and rather specialist areas. The patterns of international investment were principally dictated by the need to access resources, including oil, to meet the needs of the developed, industrialised countries of Europe and North America. The transformation is remarkable and, of course, continues. The growth of companies is itself one of the most evident features of the last two decades. In 1985, the world s top 20 private companies were capitalised at $390 bn. Now they are worth ten times that - over $3,900 bn. Foreign Direct Investment worldwide now runs at $648 bn a year, and is increasingly focused on the development of the economies of what used, rather dismissively, to be called the Third World. For the moment, much international investment comes from the OECD world, but that is changing too. Asian-based multinationals are growing dramatically, and companies, including state owned companies, are beginning to compete internationally. Asia is now the motive force of the global economy. Last year Global GNP rose by four per cent, with Asia accounting for a third of that. Cumulative growth is a very powerful phenomenon. The Indian economy has grown by 70 per cent in the last ten years. China s economy grew by 49 per cent between 1999 and the end of 2004. In our own business the facts are equally dramatic. Only twenty five years ago, only one barrel of oil in seven was consumed in Asia. Now it is one in three. By 2020, it could be one in two. So a rapidly changing, fast moving world. What, then, are the challenges for business leaders in that environment? I d like to focus on a number of issues. They all arise from our direct experience, but in different ways I think they are issues which affect many international companies, well beyond our sector. None of the issues are totally new, but they are all being given a different dimension by globalisation. They are all issues which, for us, represent unfinished business we are in the process of working them through and learning. We don t have all the answers. And indeed the unfinished nature of leadership is an important message in itself. It is an illusion to think that leadership is about reaching a point of conclusion an answer. Leadership in every area involves a process of constant adjustment to changing realities, beyond anyone s control. And that process never comes to an end. The first point is about understanding the reality of the context in which we are working, and the importance of developing the right relationships with other key participants in the market. I suspect some people believe that, because of their size and scale, multi-national companies don t have to worry too much about relationships. They probably assume that we just exercise our power and get what we want. That, of course, isn t true. Any company, large or small, depends for its success on the choices of others. Globalisation widens the range of choices available to everyone. That s why the quality of relationships is so important. They range from the relationships we have with suppliers and the communities in which we do business, to the relationships we have with customers and partners. In our industry, those partners and customers include the state companies who now dominate the industry worldwide. Eight of the ten largest companies in our sector are state-owned. BP is a pretty large private sector business. We produce 4 million barrels of oil and gas every day, which equates to 3 per cent of world demand, but we are still only the tenth-largest company in our sector. Apart from Exxon, all the others are state enterprises including Saudi Aramco and Gazprom. Aramco alone is responsible for the production of 12 per cent of global supply. Those state companies control huge resources far more in total than all the private-sector companies put together. The role of state companies is not limited to countries which produce and export oil and gas. State companies are just as strong in a number of key importing countries. Very interestingly, the analysis of recent transactions shows that since 2003, more than half of the sales of oil and gas reserves have been to state-owned enterprises. In producing and consuming nations alike, energy is an issue of national security in which Governments, and the state companies that they have established, are likely to be involved for a long time to come. And that means that this is not a simple, open market in which we can invest freely, or on the basis of reciprocity. To participate, international business has to develop partnerships with the state-sector, and to do that we have to bring something substantive to the table. Relationships in this area as in so many others have to be based on the principle of mutual advantage. What can we bring to such relationships? The answer, I believe, lies in one of the key defining attributes of a multinational business the ability to access and apply knowledge very rapidly on a global scale. Technology, and the know-how which enables us to apply advances to deliver practical results, are at the heart of everything we do. We couldn t develop the resources which lie in deep-water off the west coast of Africa if we hadn t learnt a huge amount from deep water projects in the Gulf of Mexico and the Western Atlantic. That process of learning which is spread very rapidly, thanks to the advances in communications technology, enables us to keep costs down, and to improve the efficiency of every dollar invested. Russia is another example of a similar process. When we invested in Russia two years ago, we brought into the company a set of mature assets fields which had been producing for a very long time, some of which were in decline. We ve been able to take technology, developed in the North Sea and the US, and the result - after just two years - is an increase in production of 35 per cent, and a steady growth in reserves. The third example comes from our business here in Singapore. Nine of our functions including tax, security, and legal are based here.Six businesses, including BP Shipping, Aviation and Information Technology run their Asian operations from Singapore. In each case this is a centre of knowledge a focal point for the flow of information and ideas. The centres we have here, and the network of connections, based on highly sophisticated technology, which spread from here across Asia, allow us to understand the patterns and developments across a very large number of individual national markets. Leadership involves an understanding of the needs of others, and the development and application of the technology which enables us to engage on the basis of mutual advantage. The third strand is about the company s position in the world. I think this comes back to a very fundamental point, which is about the purpose of business. BP exists to provide energy, in various forms, to people who want to buy that energy at a price which they can afford, and in a manner which is sustainable. If we succeed in fulfilling that purpose, we will thrive and reward the investment of our shareholders. That s a pretty simple statement, but it does mean that we have to look at the context in which we are working, to make sure that we are succeeding. Are we providing products and services in a way which is sustainable? For anyone in our business, the answer to that question must take account of the impact of the products we sell on the natural environment.Is the growing use of hydrocarbons sustainable if it produces ever-increasing volumes of emissions which could change the earth s climate and trigger the process of global warming? The science of global warming is incomplete. There are things we don t know and there probably always will be. But the volume of evidence is mounting, and the case for precautionary action is very strong. There is a very powerful argument for taking action using existing science and technology to reduce emissions before the problem becomes so serious that drastic action has to be taken in a manner which could disrupt the whole world economy. We support such precautionary action. We ve taken steps to reduce our own emissions, and to stabilise the level of emissions as our business grows, and now we are looking at ways in which we can apply business skills to the development of a lower carbon economy. That will cover a large range of activity including solar and wind power and it will, of course, include the very interesting pilot projects involving hydrogen fuel cells which we ve developed here at two service-stations here in Singapore. The point is not to claim that any one business can solve the global problem of climate change. The point is simply that business can take a leadership role showing what is possible; investing for the future and providing answers, rather than trying to pretend that the problem doesn t exist, or leaving it as a mess which someone else has to clean up. Business has to respond to the externalities which occur as a result of what we do. Equally, we have to ensure that we take steps to expand the circle of those who benefit from what we do. This is a very important point in the current environment. The process of globalisation, to which I referred at the beginning, is not yet secure. A track-record of fifteen or twenty years is not enough to declare it a permanent phenomenon. There are many people who are uncomfortable with open markets and free trade, because their immediate positions are threatened, and the process of adjustment can be rough and uncertain. And there are many more people who are still outside the system, and not benefiting at all. That is why the progressive extension of the idea of open trade is so important, and it is why companies who have a direct interest in the maintenance of open markets have a role to play at the micro level in taking the benefits of trade and the free flow of ideas and technology to as many people as possible. We believe that energy can play a tremendous role in that process. Access to commercial energy supplies can bring heat, light and mobility. Energy allows people to trade goods, to learn to read, to enjoy basic health care. At the moment, there are more than two billion people across the world who have no access to commercial energy at all. The challenge for us is to find new ways of supplying that latent demand. We re experimenting in a number of different ways. In India and Africa we re supplying solar panels to villages which are off the grid. Those panels are enabling people to establish local facilities, such as schools and hospitals. In India we are beginning an experiment to take energy to people whose basic energy needs are currently met by the collection of wood and dung, which are then burnt in small stoves. The damage to health is obvious and well documented. The alterative we re developing is a new hybrid appliance a chulha - which can burn LPG or biomass. That product, which we hope to take to 20 million households across India over the next decade, can reduce smoke emissions by two-thirds and can give people an extra two or three hours a day the time they currently spend gathering fuel. And the product will be supported by a system of micro-finance to cover the initial capital cost. Those are just examples. We believe far more is possible. The important thing is that we find ways to meet the needs for energy which clearly exist, and in doing so begin to bring into the world economy those who are currently excluded by poverty. Behind everything I ve talked about there is one crucial issue for multi-nationals and indeed for any business, wherever they work. That is the role and quality of people. The strength of the economy here in Singapore hasn t been built on the basis of huge volumes of natural resources. It has been built by great people. The same is true for every single one of the ideas and initiatives I ve talked about. Technical advances in drilling and reservoir management are not produced by computer they come from the creative brains of individuals. The ability to do business in complex areas, such as Russia, is the product of a remarkable team of people under great leadership. The idea of taking energy to what is called the bottom of the pyramid in India and elsewhere, is the product of months of hard work by a small team of individuals who had an idea, and who had the determination and the persistence to carry it through. Global business, in particular, relies on the quality of its people. It simply isn t possible to run a company spanning 110 countries, on the basis of centralised command and control. The authority to take decisions has to be delegated. People have to be given clarity on their roles and responsibilities, and a clear sense of the values of the company an understanding of what is expected of them. But they can t be given a manual - because events and circumstances are always unpredictable. That means they themselves have to become the leaders not a group of people thousands of miles away in something called a Head Office . That is a significant change, and it puts a premium on the quality of people employed. Those leaders have to be capable of doing their basic job as an engineer, or a trader, or an economist at a very high level, but they also have to lead teams which are likely to be multi-disciplinary and multi-cultural, to be able to respond to whatever happens in the world around them, and to work easily within different societies and cultures. And, of course, they often have to work under considerable pressure. That is why meritocratic systems of development and promotion are so important. Global companies can t afford to be anything other than inclusive of talent, regardless of background or race. We have to be open and diverse, and to deal with people not on the basis of where they have come from, but on the basis of what they have achieved, and their potential. For us, and for many other companies, that is a change which is still in progress. As we develop the next generation of people men and women from all around the world the process of change is proving to be very productive. New people bring new ideas and new perspectives. Their development and progress also, I believe, helps to demonstrate that globalisation is a process which opens doors which have previously been closed. So leadership in a global economy involves dealing with a complicated set of challenges. Leadership is about understanding the reality of the competitive environment and working accordingly transcending barriers and building relationships on the basis of mutual advantage. It s about developing and applying technology and using that to sustain competitiveness. It s about accepting the reality of externalities, and applying the skills of the company to find answers rather than excuses. And most important of all, it is about the development of people as leaders at many different levels right across the business. Those are exciting activities because they are all about change and opportunity. I believe business is a force for progress giving people the resources they need to improve their standard of living, and giving individuals the opportunity to develop their potential in some cases for the very first time. Ladies and Gentlemen you have been very kind in listening so patiently. Thank you for inviting me, and for giving me the chance to come back to Singapore. I d be delighted to take some questions and to hear your views. Thank you very much. back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/Investors/Third quarter 2005 results presentation 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 Financial results Financial results Annual Report and Accounts Financial and operating information 2005 reporting changes Quarterly F&OI update UK RNS filings 20-F and SEC filings Share buyback Shares in issue Third quarter 2005 results presentation Third quarter 2005 results presentation Tuesday 25 October On Tuesday 25 October 2005 at 7am (GMT) BP announced its third quarter results. Use the link below to view the full results. Third quarter 2005 results (pdf, 1358KB) View an archive of the presentation hosted by Byron Grote (Chief Financial Officer) and Fergus MacLeod, (Head of Investor Relations) covering BP s 3Q results. Follow the links on the right to view or download the presentation. Presentation slides - full colour version (pdf, 263KB) Presentation slides - colour contrast version (pdf, 131KB) Presentation transcript (pdf, 76KB) Presentation transcript - Q&A's (pdf, 115KB) Third quarter 2005 results - supplementary information (pdf, 7KB) Lord Browne's press briefing slides - full colour version (pdf, 183KB) Lord Browne's press briefing slides - colour contrast version (pdf, 117KB) Lord Browne's press briefing - transcript (pdf, 74KB) Lord Browne's press briefing transcript - Q&A's (pdf, 135KB) Forward Looking Statements Cautionary Statement This presentation and the associated slides and discussion contain forward looking statements, particularly those regarding, capital expenditure, the coming on stream of a second PTA plant at Zhuhai, the completion of the sale of Innovene, the continuation of exploratory drilling in Angola Block 31 and offshore Sakhalin Island, cost of repairs to and the beginning of production from Thunder Horse, decline in production, dividends, share buybacks and other distributions to shareholders, divestment proceeds and their use, effective tax rate, future performance, gearing, impact of hurricanes on fourth quarter production, increase in free cash flow, marketing margins, oil and gas production, production from Angola, the restart of the Texas City refinery and the timing of major projects. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that will or may occur in the future. Actual results may differ from those expressed in such statements, depending on a variety of factors, including the timing of bringing new fields on stream; future levels of industry product supply; demand and pricing; operational problems; general economic conditions; political stability and economic growth in relevant areas of the world; changes in laws and governmental regulations; exchange rate fluctuations; development and use of new technology; changes in public expectations and other changes in business conditions; the actions of competitors; natural disasters and adverse weather conditions; wars and acts of terrorism or sabotage; and other factors discussed elsewhere in this presentation. Reconciliations to GAAP This presentation also contains financial information which is not presented in accordance with generally accepted accounting principles (GAAP). A quantitative reconciliation of this information to the most directly comparable financial measure calculated and presented in accordance with GAAP can be found on our website at www.bp.com In this section Third quarter 2005 results presentation Second quarter 2005 results presentation First quarter 2005 results presentation BP strategy and fourth quarter 2004 results presentation Third quarter 2004 results Webcast archive Listen to an archive of the 3Q results webcast presentation Webcast - Windows Media Player Audio Webcast - Realplayer One Audio Download webcast presentation MP3 format - audio download To download this presentation, right click the link and choose 'Save Target As' Related links BP 3Q 2005 results press release 3Q Trading update View our third quarter 2005 update Sign up for investor news Receive email reminders for investor events such as quarterly results presentations Related downloads Download our results in German or Italian 3. Quartalsergebnis 2005 (pdf) Rechtlicher Hinweis (pdf) Risultati del terzo trimestre (pdf) Avvertenza legale (pdf) back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP Global/Careers/Students and graduates Site Index | Contact us | Reports and publications | BP worldwide | Home Search: About BP Environment and society Products and services Investors Press Careers BP Global Careers Select your country United Kingdom Students and graduates Experienced hires Students and graduates Technical opportunities Commercial opportunities Internships Profiles What we look for Our recruitment process Benefits Guidelines for candidates FAQs Log a query Careers in BP Retail stores Students and graduates Applications are now open for all UK-delivered graduate and intern schemes In this section Technical opportunities Automotive engineers Chemical / process engineers Chemists Drilling and completion engineers Geoscientists HSSE technologists ICE engineers Mechanical engineers Naval architects / marine engineers Offshore engineers More... Commercial opportunities Commercial Digital communication and technology Financial control and accounting Human resources Procurement and supply chain management Trader development Internships Invaluable work experience for penultimate year students Profiles Read the profiles of those in wide ranging roles at BP What we look for Business sense, drive, analytical and creative mind Our recruitment process From application through to an offer Benefits You can earn a fully integrated reward package working for BP Guidelines for candidates Who can apply and how to do it FAQs Answers to the most frequently asked questions Recruitment centre We welcome applications from people of all nationalities View current opportunities Log a query Castrol Castrol opportunities Do you have 3 or more years experience? Experienced hires back to top 1996-2005 BP p.l.c. | Legal Notice | Privacy Statement BP China English Home Site Index | Contact us | BP China English Home | BP Global Search: Select a language:: | English About BP China Environment and society Press Careers BP China Welcome to BP China. As one of the world's largest petroleum and petrochemicals companies, BP has experienced strong growth in China. About BP China Publications Press center In the BP China Press Center, you will get access to our latest news, review BP events in China, as well as reading speeches. Press releases Events Speeches About BP China BP's business in China has grown dramatically since it first entered the market in 1973. Career Development Attracting, growing and retaining good people is a priority for BP. Quick link Environment & society Sustainability is fundamental to our purpose as a company. We recognize the need to make a more focused and inclusive contribution... Who we are BP has operated in China for more than three decades and was one of the earliest foreign invested enterprises in China... More What we do As one of the world's largest petroleum and petrochemicals companies, we are deeply committed to growing our business in China... More back to top 2005 BP p.l.c. | Legal notice | Privacy statement BP Global/Press/Strong Environment, Strong Performance 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 Strong Environment, Strong Performance Release date: 25 October 2005 Download the full version of the results using the link on the right. Click the link below to view an archive of BP's third quarter 2005 results presentation. The webcast was hosted by Byron Grote, Chief Financial Officer and Fergus MacLeod, Head of Investor Relations. Third quarter 2005 results presentation Third Quarter 2004 Second Quarter 2005 Third Quarter 2005 Nine Months $ million 2005 2004 % 4,818 5,591 6,463 Profit for the period* 18,656 14,065 (1,027) (610) (2,053) Inventory holding (gains) losses (3,774) (2,137) 3,791 4,981 4,410 Replacement cost profit 14,882 11,928 25 9.61 12.67 11.86 - per ordinary share (pence) 38.08 29.93 17.49 23.42 21.04 - per ordinary share (cents) 70.07 54.48 29 1.05 1.40 1.26 - per ADS (dollar) 4.20 3.27 * Profit attributable to BP shareholders. As a result of the announced sale, Innovene operations have been treated as discontinued operations and presented accordingly within this document. BP's third quarter replacement cost profit was $4,410 million compared with $3,791 million a year ago, an increase of 16%. The result includes the loss on re-measurement to fair value of Innovene as a result of the recently announced divestment, and significant impacts from the effects of hurricanes Katrina and Rita. For the nine months, replacement cost profit was $14,882 million compared with $11,928 million, up 25%. The third quarter result includes a net non-operating charge of $921 millon compared with a net non-operating charge of $394 million in the third quarter of 2004. For the nine months, the net non-operating charge was $1,201 million compared with a net gain of $189 million for the nine months of 2004. The third quarter trading environment was generally stronger than a year ago with higher oil and gas realizations and higher refining margins, but with lower retail marketing and olefinsmargins. Net cash provided by operating activities for the quarter and nine months was $6.4 billion and $22.5 billion, respectively, compared with $6.1 billion and $18.2 billion a year ago. The ratio of net debt to net debt plus equity was 19% compared with 20% a year ago. The quarterly dividend, to be paid in December, is 8.925 cents per share ($0.5355 per ADS)compared with 7.10 cents per share a year ago. For the nine months, the dividend showed anincrease of 26%. In sterling terms, the quarterly dividend is 5.061 pence per share, comparedwith 3.910 pence per share a year ago; for the nine months the increase was 26%. During thenine months, the company repurchased 728 million of its own shares at a cost of $7.9 billion. BP Group Chief Executive, Lord Browne, said: "The recent hurricanes in the US have impacted our results. However, underlying performance is strong, amplified by high but volatile prices of oil, gas and products. Theannounced sale of Innovene for cash is a good outcome. We continue to invest in opportunities which remain robust to future changes in the operating environment, to pay an increasing dividend per share over time and to return excess free cash flow to investors". Summary Quarterly Results Exploration and Production s third quarter result was up 36% on a year ago reflecting higher realizations in both liquids and gas, partially offset by slightly lower volumes and higher operating costs and revenue investments. The Refining and Marketing result reflects record refining margins but significantly lower retailmarketing margins compared with a year ago. In Gas, Power and Renewables the result increased compared with a year ago primarily due to highercontributions from the gas marketing business. Interest and Other finance expense was $181 million for the quarter compared with $162 million in the previous quarter. This reflects higher interest costs partially offset by higher capitalised interest. The effective tax rate on replacement cost profit of continuing operations was 33.7%. Capital expenditure was $3.3 billion for the quarter; there were no significant acquisitions. Disposalproceeds were $0.2 billion. Net debt at the end of the quarter was $20 billion. The ratio of net debt to net debt plus equity was 19%. During the third quarter, the company repurchased 332 million of its own shares, at a cost of $3.8 billion. These shares are held in treasury. On 7 October 2005, BP announced that it is to sell Innovene to INEOS. The $9 billion cash sale, subject to regulatory approvals, includes manufacturing sites, markets and technologies. The sale is expected to be concluded early in 2006. The commentaries above and following are based on replacement cost profit. TNK-BP operational and financial information has been estimated. The financial information for 2004 has been restated to reflect the following, all with effect from 1 January 2005: (a)the adoption by the group of International Financial Reporting Standards (IFRS) (see Note 1); (b) the transfer of the aromatics and acetyls operations from the former Petrochemicals segment to the Refining and Marketing segment; (c) the transfer of the Olefins and Derivatives operations from the former Petrochemicals segment to Other businesses and corporate (as noted above we have announced the sale of Innovene and have categorized the majority of Olefins and Derivatives as discontinued opera