Company Report
BP refining and oil products summary
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Report summary
In 2015 BP continued its capital discipline programme following the settlement of the Macondo incident and subsequent oil price decline impact on the business. Increased downstream earnings helped to offset the losses in the upstream sector which was largely as a result of lower oil prices. Within downstream, BP continues to focus on the integrated Fuels Value Chains as its core downstream strategy. There was also selective growth in 2015, especially in the aviation business following the acquisition of Statoil Fuel and Retail aviation fuel business in Scandinavia.
Table of contents
-
Executive summary
- SWOT analysis
- A streamlined portfolio in a lower oil price world
- Downstream is a key contributor to overall profitability
- Rosneft stake providing opportunities despite sanctions
- Financials
-
Portfolio summary
- European refining and marketing operations
- Refining
- Marketing
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Refining and oil products
- Supply/demand
- Implications and outlook
- Mergers and acquisitions
Tables and charts
This report includes 10 images and tables including:
- Replacement cost profit before interest and tax
- Capex by business segment
- Recent European acquisition/divestment
- Executive summary: Table 1
- Portfolio summary: Image 1
- European refinery capacity* by country (kb/d) - 2015
- End 2015 service stations* by country
- Total company position
- Refining and oil products: Table 1
- Supply area A - UK
What's included
This report contains:
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