BP 2011 Annual Report Download - page 9

BP Annual Report and Form c 2011 7BP Annual Report and Form 20-F 2011 7
Business review: Group overview
Group overview
8 Chairman’s letter
Carl-Henric Svanberg sets out the actions taken by the
board to establish a stronger, safer BP.
12 Board of directors
BP’s board of directors, as at 6 March 2012.
14 Group chief executive’s letter
Bob Dudley reports on BP’s progress against its
priorities of enhancing safety, earning back trust and
growing value.
18 Our market
From oil prices, natural gas prices and refining margins
during the year to the long-term outlook for the global
energy industry.
25 Our organization
A clear overview of today’s BP, from our business
model to what we stand for and where we operate.
37 Our strategy
What you can expect from us and what you can
measure, as we work to create a stronger, safer BP.
42 Our management of risk
The strengthened processes and systems we are
putting in place to make BP a safer, more risk-aware
company.
47 Our performance
Key measures, actions and events in a year of
consolidation and change.
Business review
2011 was a year of recovery,
consolidation and change. We laid
strong foundations, reshaped the
portfolio and recovered momentum.