BP 2013 Annual Report Download - page 21

Strategic report
6 Improved conversion
Our Veba Combi-Cracking technology converts
a wide variety of raw materials, ranging from
crude oil residue to mixtures of coal and oil, into
fuels. Using this technology we can convert
95% or more of our hydrocarbon resources to
marketable products.
10 Biofuels
Conversion technology allows us to
produce cellulosic ethanol using alternative
raw materials such as agricultural waste
and fast-growing energy grasses. At our
biofuels technology centre in San Diego
around 120 scientists are researching and
advancing new biofuels technologies.
9 Petrochemicals
Our SaaBre technology converts synthesis gas
(carbon monoxide and hydrogen derived from
hydrocarbons) into acetic acid. The process
avoids the need to purify carbon monoxide or
purchase methanol, reducing manufacturing
costs and environmental impacts.
7 Corrosion prevention
Wireless Permasense® systems, developed in
collaboration with Imperial College, London, are
used across all our refineries to monitor the
integrity of critical oil and gas assets.
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8 Fuels and lubricants
We focus on providing energy-efficient and
high-performance products to customers.
Castrol EDGE, which is underpinned by our
proprietary Fluid Strength Technology, reduces
contact between engine surfaces to improve
performance and reduce wear from friction.
Our relationships are crucial to the success
of our business. We work closely with
governments, national oil companies and other
resource holders. By acting responsibly and
meeting our obligations we build long-lasting
relationships.
From experience we know that trust can be lost,
so we place enormous importance on meeting
people’s expectations. We work in partnership
on big and complex projects with everyone from
other oil companies through to suppliers and
contractors. Our activity creates value that
benefits governments, customers, local
communities and other partners.
Internally we put together collaborative teams
of people with the skills and experience
needed to address complex issues, work
effectively with our partners and help
create shared value.
Strong relationships
Universities
and research
institutions
BP
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Governments
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Customers
National
and international
oil companies
Suppliers,
partners and
contractors
Communities
Industry
bodies
Banks and
providers of
finance
BP Annual Report and Form 20-F 2013 17