BP 2014 Annual Report Download - page 21

Universities
and research
institutions
BP
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Governments
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regulators
Customers
National
and international
oil companies
Suppliers,
partners and
contractors
Communities
Industry
bodies
Banks and
providers of
finance
6 Corrosion prevention
Wireless Permasense® systems provide
frequent and on-demand corrosion monitoring
by detecting unexpected changes in the wall
thickness of pipes. Developed in collaboration
with Imperial College, London, they are used
across all our refineries to monitor the integrity
of critical assets.
10 Biofuels
We are developing biobutanol in conjunction
with DuPont. This second-generation biofuel
can be blended into gasoline in greater
proportions and is more compatible than
ethanol with the infrastructure used for
existing fuel supplies.
9 Petrochemicals
Our SaaBre technology converts synthesis gas
(carbon monoxide and hydrogen derived from
hydrocarbons) into acetic acid. The process
avoids the need to purify carbon monoxide or
purchase methanol, reducing manufacturing
costs and environmental impacts.
7 Lubricants
We focus on providing energy-efficient and
high-performance products to customers. In 2014
we launched Castrol EDGE with Titanium Fluid
Strength Technology, which changes the way
engine oil behaves under extreme pressure,
reducing friction by up to 15%.
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8 Fuels
Our gasoline and diesel additive Ultimate in a
Bottle, launched in China in 2014, helps clean
and protect engines, enhance performance for
diesel in cold weather and reduce emissions to
improve air quality.
We work closely with governments, national oil
companies and other resource holders to build
long-lasting relationships that are crucial to the
success of our business.
We place enormous importance on acting
responsibly and meeting our obligations as we
know from experience that trust can be lost. We
work on big and complex projects with partners
ranging from other oil companies to suppliers
and contractors. Our activity creates value that
benefits governments, customers, local
communities and other partners.
Internally we put together collaborative teams of
people with the skills and experience needed to
address complex issues, work effectively with
our partners, engage with our stakeholders and
help create shared value.
Strong relationships
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BP Annual Report and Form 20-F 2014 17
Strategic report