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

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54 BP Annual Report and Form 20-F 2011
Business reviewBP in more depth56 Financial review59 Risk factors65 Safety69 Environmental and socialresponsibility73 Employees74 Technology80 Exploration and Production94 Refining and Marketing101 Other businesses and corporate103 Liquidity and capital resources106 Regulation of the group’s business110 Certain definitionsBusiness review – BP in more depth76 Gulf of Mexico oil spillBP Annual Report and Form 20-F 2011 55
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Cover imagePhotograph of DeepseaSta
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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 and 14: During the year, the remuneration c
Page 15 and 16: Business review: Group overviewBP A
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: Reported recordableinjury frequency
Page 59 and 60: Business reviewThe primary addition
Page 61 and 62: Business reviewRisk factorsWe urge
Page 63 and 64: Business review2010. Similar action
Page 65 and 66: Business reviewBusiness continuity
Page 67: Business reviewSafetyOver the past
Page 70: Business reviewour review of all th
Page 73 and 74: Business reviewGreenhouse gas regul
Page 75 and 76: Business reviewresources such as dr
Page 77 and 78: Business reviewExploration and Prod
Page 79 and 80: Business reviewCompleting the respo
Page 81 and 82: Business reviewgrants, which were s
Page 83 and 84: Business reviewOur performanceKey s
Page 85 and 86: Business reviewwere in Russia (Oren
Page 87 and 88: Business reviewCanadaIn Canada, BP
Page 89 and 90: Business review• In March 2011, T
Page 91 and 92: Business reviewaccess advantageous
Page 93 and 94: Business reviewBP’s vice presiden
Page 95 and 96: Business reviewhttp://www.bp.com/do
Page 97 and 98: Business reviewbalance of participa
Page 99 and 100: Business reviewAcquisitions and dis
Page 101 and 102: Business reviewLPGOur global LPG ma
Page 103 and 104: Business reviewOther businesses and
Page 105 and 106: 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 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 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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