Energy to grow www.bp.com.

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Presentation transcript:

energy to grow www.bp.com

new day BP, Amoco, ARCO and Castrol have all come together under a new mark, named for the ancient Greek sun god – Helios It is the new symbol for the new BP, and its interlocking parts represent the diversity of our people, products and services We are, quite simply, an energy company – the second largest in the world

going beyond Means serving millions of customers with energy – fuel for transport,energy for heat and light, solar power, and petrochemicals for plastics, fabrics and fibres Means 100,000 people in 100 countries joining together to build a new brand of progress Means developing automobile fuels that reduce pollution

energy from 6 continents We have the financial resources to operate on a global scale and a flexible management structure underpinned by some 140 individual business units We rank in the top 3 in terms of reserves in the global oil and gas industry BP is the worlds 3rd largest petrochemicals company based on a highly integrated product portfolio BP is one of the largest marketers of aviation fuel and major supplier of fuels and lubricants to the global shipping industry, serving 900 ports and 1,400 airports

serving our customers In the United States we are the largest producer of oil and gas based on major assets in the Gulf of Mexico, Texas and Alaska We are the second largest marketer of gasoline with 17,150 service stations nationwide The Amoco brand has been rated first in quality throughout its marketing area while the Arco brand is typically the leading gasoline marketer in western US We own and operate 25,700 miles of pipeline much of which is in the United States

trading, supply and logisitcs Each day we produce more than 1.9 million barrels of crude oil, 5.7 billion cubic feet of natural gas, and refine 2.8 million barrels of crude oil Each day we sell and trade more than 5 million barrels of refined product As a result of this position and the group structure we have to trade and transport crude and refined products

oil trading international Add value to BP Oil’s supply, refining and marketing activities Equity disposal Manage the groups imbalance Entrepreneurial trading Provide risk management services

us supply Purchase and safely deliver the optimum crude slate to BP’s refineries Provide marketing with cost effective, reliable supply at the terminal Manage inventory risk throughout the supply system (Crude & Products) Optimize asset value through trading and logistics Explore new business opportunities

what we do Ship Refinery Pipeline Terminals Rail Exchange Crude Oil Super Unleaded Litre Diesel **** Car wash Ship Pipeline Rail Exchange Retail Coaster Refinery Commercial Pipe Terminals Aviation Rail Road Marine Crude Oil EX RACK Third party road Exchanges

refining/marketing regions served Cherry Point Mandan Toledo Whiting Salt Lake City Yorktown Los Angeles Marketing i Refineries Texas City

entry level job descriptions Products scheduler- To assure that our products reach their intended customers you’ll work closely with our shipping, refining, marketing and transportation business units assume responsibility for scheduling pipe and water movements managing inventory levels to ensure supply availability reacting to changes in the volatile global oil market

entry level job descriptions Management Information Analyst –To help the management and trading teams manage their exposure you’ll be responsible for calculating and reporting daily profit and loss providing an independent check of market valuation work closely with the trading teams to understand trading strategies and market dynamics

typical roles in trading and supply Trader – physical crude or products Futures and options executor Derivatives trader and marketer Trading analyst Scheduler – crude and products Pricing Analyst Supply Balance coordinator Refinery Trading coordinator

? DEVELOPMENT FRAMEWORK ? ? Team Leader of Business, Technical or Functional Team Individual Contributor BUL or Functional Leader at Band D BUL, Head of Function VP, EVP ? ? ? Leadership Enhancement Assessment & Development Assessment of Leadership Potential Rounded Professional Core / Leadership Competency Framework Core Competency Framework Early ‘Professional Assessment Centre ‘Experienced’ Early Development Process Graduate Early Development Process Experienced Hires University Hires Recruitment against Graduate, Job Specific, Core & / or Leadership competencies

Disciplinary Teamwork Competency Framework How they fit together Creating Innovative Strategies Innovation Providing Context & Imbuing Passion Thinking Wise Decisions Creating a Performance Culture Performance Bias Drive Business Awareness Environmental Sensitivity Business Sense Partnership & Teamwork Working Together Encouraging Multi- Disciplinary Teamwork Leading People Influence EXECUTIVE RECRUITMENT CORE

Induction / Orientation Early Development Activities Induction / Orientation Group Integration 0 - 3 Years Standard Web-based Framework: * Central ‘Standards’ * Global / Regional / Local Business Stream Delivery 2 - 6 Years Group Integration Programme (existing) *Centrally Managed/delivered *Continue, 6pa University Recruits 0 - 12 Months Standard Web-based Framework/Guidelines: *Central Standards / Guidelines *Regional / Local Business Stream / Unit Delivery 6 – 24 Months Group Integration Programme (new) *Central designed/managed *Pilot 2000 (2 in U.K) * Regional delivery, 2001 Experienced Recruits

employee commitments Know what is expected of them in their job set annual objectives set in a business context Have open and constructive conversations about performance conduct annual performance appraisals provide ongoing feedback on performance

employee commitments Be fairly treated advertise all jobs below group leadership level select for opportunities based on merit use team selection prohibit discrimination in workplace

employee commitments Be helped to develop capabilities create development plans provide training use job placements to facilitate learning and development Be listened to and involved in improving teams performance Conduct upward feedback for team leaders annually

employee commitments Be recognized and competitively rewarded for performance offer market-based pay and benefits tie pay to organizational performance with VPP tie pay to individual performance with spot bonuses, high performer bonuses, and differentiated salary increases

going beyond We believe our company ought to be a force for good in the world In everything we do we strive to make a positive difference If your someone who wants to make a difference BP is the place for you We will be interviewing on campus on 14th November To learn more visit us at www.bp.com