BP annual reporting 2013
11/03/2014 BP Press Office
An overview of the key activities, events and results in 2013, together with commentary on BP's performance in the year and our priorities as we move forwardBP in 2013
Our actions continue to make BP stronger and safer. We are growing shareholder returns through operational efficiency and financial discipline.
Performance highlights in 2013:
* We completed 17 exploration wells and made seven potentially commercial discoveries in 2013. It was our most successful year for exploration drilling in almost a decade.
* Three major projects were started up in 2013 and another three in January and February 2014. We expect a further four major upstream projects to start up in 2014.
* We completed the commissioning of all major units for the Whiting refinery upgrade, transforming it into one of our advantaged downstream assets in our portfolio.
* Our divestments have removed complexity, strengthened the balance sheet and left us with a more distinctive set of assets that play to our strengths - deep water, gas value chains, giant fields and high-quality downstream businesses.
For more information, please visit: www.bp.com
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