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Information about this report
Registered ofce and our worldwide
headquarters:
BP p.l.c.
1 St James’s Square
London SW1Y 4PD
UK
Tel +44 (0)20 7496 4000
Registered in England and Wales No. 102498.
London Stock Exchange symbol ‘BP.’
Our agent in the US:
BP America Inc.
501 Westlake Park Boulevard
Houston, Texas 77079
US
Tel +1 281 366 2000
This document constitutes the Annual Report and Accounts in accordance with UK requirements
and the Annual Report on Form 20-F in accordance with the US Securities Exchange Act of 1934,
for BP p.l.c. for the year ended 31 December 2015. A cross reference to Form 20-F requirements
is included on page 260.
This document contains the Strategic report on pages 1-54 and the inside cover (Who we are) and
the Directors’ report on pages 55-75, 93-94, 169-195 and 215-258. The Strategic report and the
Directors’ report together include the management report required by DTR 4.1 of the UK Financial
Conduct Authoritys Disclosure and Transparency Rules. The Directors’ remuneration report is on
pages 22-23 and 76-92. The consolidated financial statements of the group are on pages 95-168 and
the corresponding reports of the auditor are on pages 96-102. The parent company financial
statements of BP p.l.c. are on pages 196-213.
The Directors’ statements (comprising the Statement of directors’ responsibilities; Risk management
and internal control; Going concern; Longer-term viability; and Fair balanced and understandable), the
independent auditors report on the annual report and accounts to the members of BP p.l.c. and the
parent company financial statements of BP p.l.c. and corresponding auditor’s report do not form part
of BP’s Annual Report on Form 20-F as filed with the SEC.
BP Annual Report and Form 20-F 2015 and BP Strategic Report 2015 (comprising the Strategic report
and supplementary information) may be downloaded from bp.com/annualreport. No material on the
BP website, other than the items identified as BP Annual Report and Form 20-F 2015 or BP Strategic
Report 2015 (comprising the Strategic report and supplementary information), forms any part of
those documents. References in this document to other documents on the BP website, such
as BP Energy Outlook, BP Sustainability Report, BP Statistical Review of World Energy and
BP Technology Outlook are included as an aid to their location and are not incorporated by reference
into this document.
BP p.l.c. is the parent company of the BP group of companies. The company was incorporated in
1909 in England and Wales and changed its name to BP p.l.c. in 2001. Where we refer to the
company, we mean BP p.l.c. Unless otherwise stated, the text does not distinguish between the
activities and operations of the parent company and those of its subsidiaries, and information in this
document reflects 100% of the assets and operations of the company and its subsidiaries that were
consolidated at the date or for the periods indicated, including non-controlling interests.
BP’s primary share listing is the London Stock Exchange. Ordinary shares are also traded on the
Frankfurt Stock Exchange in Germany and, in the US, the company’s securities are traded on the
New York Stock Exchange (NYSE) in the form of ADSs (see page 248 for more details).
The term ‘shareholder’ in this report means, unless the context otherwise requires, investors in the
equity capital of BP p.l.c., both direct and indirect. As BP shares, in the form of ADSs, are listed on
the NYSE, an Annual Report on Form 20-F is filed with the SEC. Ordinary shares are ordinary fully
paid shares in BP p.l.c. of 25 cents each. Preference shares are cumulative first preference shares
and cumulative second preference shares in BP p.l.c. of £1 each.
Defined on page 256.
Cautionary statement
This document should be read in
conjunction with the cautionary
statement on page 246.
Frequently used abbreviations, terms
and BP and third-party trade marks are
described on page 255.
BP Annual Report and Form 20-F 2015ii