BP 2015 Annual Report Download - page 2
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 |
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Who we are
We aim to create long-term value for
shareholders by helping to meet growing
demand for energy in a safe and responsible
way. We strive to be a world-class operator,
a responsible corporate citizen and a
good employer.
BP Annual Report and Form 20-F 2015
BP is one of the world’s leading
integrated oil and gas companies –
based on market capitalization, proved
reserves and production. Through our
work we provide customers with fuel
for transportation, energy for heat and
light, lubricants to keep engines moving
and the petrochemicals products used
to make everyday items as diverse as
paints, clothes and packaging.
We believe a mix of fuels and
technologies is needed to meet
growing energy demand, improve
efficiency and support the transition to
a lower-carbon economy. These are the
reasons why our portfolio includes oil,
gas and renewables.
Our projects and operations help to
generate employment, investment
and tax revenues in countries and
communities across the world. We
have well-established operations in
Europe, North and South America,
Australasia, Asia and Africa and employ
around 80,000 people.
Our proposition for value growth
For BP good business starts with a
relentless focus on safe and reliable
operations. Our portfolio enables us to
develop high-quality opportunities from
a broad set of options. We prioritize
value over volume and invest where
we can apply our distinctive strengths,
capabilities and technologies.
Our objective is to create shareholder
value by growing sustainable free
cash flow and distributions over the
long term through capital and cost
discipline.
Your feedback
We welcome your comments and feedback
on our reporting. You can provide this at
bp.com/annualreportfeedback or by emailing the
corporate reporting team – details are on the
back cover.
Your views are important to us and help shape
our reporting for future years.
Front cover images
In Oman’s remote desert, we use our advanced
technology to unlock gas from hot sandstone
almost three miles below the earth’s surface.
Construction work has started on the Khazzan
field – one of the Middle East’s largest
unconventional gas resources – and we expect
first gas in late 2017.