A cross reference to Form F requirements is included on page It was a year in which we secured our biggest deal in 20 years, acquiring BHP's world-class unconventional oil and gas onshore US assets. Such changes could lead to constraints on production and supply and access to new reserves. The lubricants business delivered an underlying RC profit before interest and tax that was lower than Our clear purpose Finally, I think it is important for BP's success that we have a clear purpose - one that is strongly linked to society's needs. Net favourable adverse impact of non-operating items and fair value accounting effects. I think of it as having the tightest defence in the league, like a good football team. There is a risk that a single trader or a group of traders could act outside of our delegations and controls, leading to regulatory intervention and resulting in financial loss, fines and potentially damaging our reputation. Safety and operational risks Process safety, personal safety, and environmental risks - exposure to a wide range of health, safety, security and environmental risks could cause harm to people, the environment and our assets and result in regulatory action, legal liability, business interruption, increased costs, damage to our reputation and potentially denial of our licence to operate.
BP Annual Report and Form 20F – Company Announcement
See how we consider a range of scenarios on page 9. Safety. Respect. Excellence. Courage. One team. BP Annual Report and Form F. This document constitutes the Annual Report and Accounts in accordance with UK requirements and the Annual Report on Form F in accordance with the US.
BP p.l.c. Form 20F and SEC filings Investors Home
Found significant additional oil resources at our Atlantis field using new seismic imaging technology. BP Annual Report and Form F 2.
Capital expenditure. For further information, please contact rns lseg. I also look forward to hearing from you, and meeting many of you, in the coming months and years as we look to reward your trust and confidence in BP.
If these are found to be lacking, there may be financial, operational or safety risks for BP. For further information, see Financial statements - Note 2.
Bp annual report form 20-f
|The Disclosure Guidance and Transparency Rules DTR require that an announcement of the publication of an Annual Report should include the disclosure of such information from the Annual Report as is of a type that would be required to be disseminated in a Half-yearly Report in compliance with the DTR 6.
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Underlying RC profit before interest and tax b. Net cash used in investing activities. It was a year in which we secured our biggest deal in 20 years, acquiring BHP's world-class unconventional oil and gas onshore US assets.
These statements may generally, but not always, be identified by the use of words such as 'will', 'expects', 'is expected to', 'aims', 'should', 'may', 'objective', 'is likely to', 'intends', 'believes', 'anticipates', 'plans', 'we see' or similar expressions. Our industry faces increasing challenge to recruit and retain skilled and experienced people in the fields of science, technology, engineering and mathematics.
The upstream result reflected higher oil and gas prices and increased production.
Independent auditor's reports. BP files its Form F with the US Securities and Exchange Commission (SEC) in March or Description Annual and Transition Report (foreign private issuer). BP Annual Report and Form F Board of directors. Executive team. 66 Executive management teams. Introduction from the.
Inventory holding gains losses.
Incidents of ethical misconduct or non-compliance with applicable laws and regulations, including anti-bribery and corruption and anti-fraud laws, trade restrictions or other sanctions, could damage our reputation, result in litigation, regulatory action and penalties.
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A breach or failure of our digital infrastructure - including control systems - due to breaches of our cyber defences, or those of third parties, negligence, intentional misconduct or other reasons, could seriously disrupt our operations.
We have a great team at BP and I would like to thank them all for their continued dedication and relentless commitment to advancing the energy transition. Operating cash flow excluding Gulf of Mexico oil spill payments a.
Failure to process, manage and monitor a large number of complex transactions across many markets and currencies while complying with all regulatory requirements could hinder profitable trading opportunities.
Earning trust through strong values Pursuing this approach, BP is guided by its values of safety, respect, excellence, courage and one team.
Berner laufhund information systems
|There are no significant provisions for doubtful debts relating to these balances and no significant expense recognized in the income statement in respect of bad or doubtful debts.
This document contains the Strategic report on the inside front cover and pages and the Directors' report on pages, and Our teams have delivered strong results across the business and we are well positioned to continue to deliver value as we play our part in the dual challenge of delivering more energy with fewer emissions. There is a risk that a single trader or a group of traders could act outside of our delegations and controls, leading to regulatory intervention and resulting in financial loss, fines and potentially damaging our reputation.
Video: Bp annual report form 20-f Annual Report 2016
Depending on the nature and speed of any such changes and our response, this could adversely affect the demand for our products, investor sentiment, our financial performance and our competitiveness.
The Company announces that the BP Annual Report and Form F has been published. This document is publicly available via a direct.
As well as action across the industry, at BP we understand that meeting our own low carbon ambitions is a shared responsibility across our entire business. Preference shares are cumulative first preference shares and cumulative second preference shares in BP p.
BP generally purchases insurance only in situations where this is legally and contractually required. This announcement should be read in conjunction with, and is not a substitute for reading, the full BP Annual Report and Form F RC profit loss.
Insurance - our insurance strategy could expose the group to material uninsured losses.
Bp annual report form 20-f
|Our business activities could be disrupted if we do not respond, or are perceived not to respond, in an appropriate manner to any major crisis or if we are not able to restore or replace critical operational capacity.
This, and our ability to progress upstream resources and sustain long-term reserves replacement, could impact our future production and financial performance. Transactions between the group and its joint ventures are summarized below. The physical characteristics of an oil or natural gas field, and cost of drilling, completing or operating wells is often uncertain. Extract from BP Annual Report and Form Fpage Our lubricants business The lubricants business delivered an underlying RC profit before interest and tax that was lower than Modernizing the whole group.
It has been a pleasure to get to know my new colleagues on the board, and I believe we have a wide ranging combination of diversity, skills, experience and knowledge that we need to steer the company through a landscape that is both uncertain and presents opportunities.