BP 2012 Annual Report Download - page 5

Business review
Group overview
An overview of the key actions,
events and results in 2012,
together with commentary
on BP’s performance in the
year and our priorities as we
move forward.
4 BP at a glance
8 Chairman’s letter
Carl-Henric Svanberg sets out the board’s priorities
in 2012 and BP’s prospects moving forward.
10 Group chief executive’s letter
Bob Dudley reviews the company’s progress as we work
to build a stronger, safer BP.
12 Energy outlook
Our views on the factors likely to shape energy demand and supply, from
population and the energy mix, to policy, prices and access.
15 Our business model
An overview of how we are organized, the ways in which
we create value, and our distinctive strengths.
20 Our strategy
Our priorities as we work to create a distinctive
platform for growth.
22 Our performance
From progress in Russia to new exploration access; a
review of important actions and events during the year.
28 Our key performance indicators
How we performed as measured by our key financial
and non-financial indicators.
30 Our management of risk
A summary of the risks we face in our business.
32 Cautionary statement
Business review: Group overview
3Business review: Group overview
BP Annual Report and Form 20-F 2012