BP Annual Report and Form 20-F 2011 - Company Reporting

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Board of directorsAs at 6 March 2012From left to right, standingProfessor Dame Ann DowlingNon-Executive DirectorFrank BowmanNon-Executive DirectorBrendan NelsonNon-Executive DirectorPhuthuma NhlekoNon-Executive DirectorSir William CastellSenior Independent DirectorIain ConnChief Executive, Refining andMarketingDr Brian GilvaryChief Financial OfficerGeorge DavidNon-Executive DirectorPaul AndersonNon-Executive DirectorDr Byron GroteExecutive Vice President,Corporate Business ActivitiesAndrew ShilstonNon-Executive DirectorFrom left to right, seatedCarl-Henric SvanbergChairmanBob DudleyGroup Chief ExecutiveIan DavisNon-Executive DirectorAntony BurgmansNon-Executive DirectorCynthia CarrollNon-Executive DirectorCynthia Carroll was unable to attendon the day the board photographwas taken.12 BP Annual Report and Form 20-F 2011
Business review: Group overviewBP Annual Report and Form 20-F 2011 13
Page 2 and 3: Cover imagePhotograph of DeepseaSta
Page 4 and 5: Cross reference to Form 20-FPageIte
Page 6 and 7: Miscellaneous termsIn this document
Page 8 and 9: 6 BP Annual Report and Form 20-F 20
Page 10: Chairman’s letterCarl-Henric Svan
Page 13: During the year, the remuneration c
Page 17 and 18: SafetyDuring the year, we reorganiz
Page 19 and 20: In Refining and Marketing, our worl
Page 21 and 22: Crude oil and gas prices,and refini
Page 23: In detailFor more information, seeR
Page 26 and 27: Our market: Longer-term outlookThe
Page 29 and 30: BP’s distinctive capabilities and
Page 31 and 32: Technology will continue to play a
Page 33 and 34: In detailFor more information,see C
Page 35 and 36: In detailFind out more online.bp.co
Page 37 and 38: BP Annual Report and Form 20-F 2011
Page 39 and 40: Below BP has asignificant presencei
Page 41 and 42: What you can measure6 Active portfo
Page 43 and 44: Business review: Group overview2012
Page 45 and 46: Our risk management systemOur enhan
Page 47 and 48: Our current strategic priorities ar
Page 49 and 50: Our performance2011 was a year of f
Page 51 and 52: Left BP employeesat work in Prudhoe
Page 53 and 54: We continued to sell non-core asset
Page 55 and 56: Reported recordableinjury frequency
Page 57 and 58: Business reviewBP in more depth56 F
Page 59 and 60: Business reviewThe primary addition
Page 61 and 62: Business reviewRisk factorsWe urge
Page 63 and 64: Business review2010. Similar action
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Business reviewBusiness continuity
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Business reviewSafetyOver the past
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Business reviewour review of all th
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Business reviewGreenhouse gas regul
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Business reviewresources such as dr
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Business reviewExploration and Prod
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Business reviewCompleting the respo
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Business reviewgrants, which were s
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Business reviewOur performanceKey s
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Business reviewwere in Russia (Oren
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Business reviewCanadaIn Canada, BP
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Business review• In March 2011, T
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Business reviewaccess advantageous
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Business reviewBP’s vice presiden
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Business reviewhttp://www.bp.com/do
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Business reviewbalance of participa
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Business reviewAcquisitions and dis
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Business reviewLPGOur global LPG ma
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Business reviewOther businesses and
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Business reviewLiquidity and capita
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Business reviewThe group expects it
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Business reviewFrequently, work (in
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Business reviewHazardous and Noxiou
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Business reviewpart of a larger por
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Directors andsenior management114 D
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Directors and senior managementDire
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Directors and senior managementH L
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Corporate governanceCorporate gover
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Corporate governanceAntony Burgmans
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Corporate governanceBoard oversight
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Corporate governanceBoard and commi
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Corporate governancefinancial repor
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Corporate governancechairs and secr
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Corporate governance• Oversee GCR
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Corporate governanceCommittee’s r
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Corporate governanceControls and pr
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Corporate governanceThe Act require
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Directors’ remuneration reportRem
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Directors’ remuneration reportSum
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Directors’ remuneration reportSaf
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Directors’ remuneration reportRem
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Directors’ remuneration reportThe
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Directors’ remuneration reportSha
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Directors’ remuneration reportNon
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Additional informationfor sharehold
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Additional information for sharehol
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Financial statements174 Statement o
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Consolidated financial statements o
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Notes on financial statements1. Sig
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Notes on financial statementshttp:/
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Notes on financial statements3. Bus
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Notes on financial statements5. Dis
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Notes on financial statements7. Int
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Notes on financial statements10. Im
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Notes on financial statements15. Ex
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Notes on financial statements26. Fi
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Notes on financial statements29. Tr
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Notes on financial statements33. De
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Notes on financial statements36. Pr
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Notes on financial statements37. Pe
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Notes on financial statements38. Ca
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Notes on financial statementsTotal
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Notes on financial statements39. Ca
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Notes on financial statements40. Sh
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Notes on financial statements42. Re
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Notes on financial statements45. Su
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Notes on financial statements46. Co
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Supplementary information on oil an
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SignaturesThe registrant hereby cer
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Parent company financial statements
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BP Annual Report and Form 20-F 2011 - Company Reporting

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