1. Home
  2. Investors
  3. Investor presentations
  4. Downstream investor day 2017

新浪体育nba比分直播:Downstream investor day 2017

Tufan Erginbilgic and members of the Downstream executive team hosted an investor day which provided a strategic update on BP’s Downstream activities and further insight into the fuels marketing, lubricants and manufacturing businesses


A Downstream business which is safer and more resilient, with material and sustainable earnings growth potential.
Tufan ErginbilgicChief executive, Downstream.


  • A track record of performance delivery - $3bn underlying earnings growth delivered between 2014 and 2016, with more than $3bn still to come by 2021.
  • Downstream strategy has five key priorities:
    • Safety remains our core value and first priority
    • Continue to grow our already differentiated and high returning marketing businesses
    • Further improve our top quartile refining performance and petrochemicals cash breakeven performance.
    • Continue to focus on delivering cost efficiencies and rigorous cost management.
    • Continue to develop new products, offers and new business models that support transition to lower carbon and digitally enabled future.
  • Through the rigorous execution of our strategy we expect to deliver $9-10bn of free cash flow, with returns of around 20% in 2021.
Tufan Erginbilgic, chief executive, Downstream

Fuels marketing

Our Fuels marketing business is a global business which is differentiated through its strong market positions, brands and distinctive customer offers. These are underpinned by the strength of our partnerships, technology and customer relationships.

BP forecourt
  • A material part of Downstream, contributing around 40% of Downstream earnings in 2016.
  • A track record of growth - more than $0.6bn of earnings growth between 2014 and 2016 at constant currencies.
  • A differentiated business through an advantaged portfolio of assets with good exposure to growth markets and highly attractive returns.
  • Material growth plans to deliver more than $1.4bn of earnings growth between 2016 and 2021.


Castrol lubricants is a business with a great heritage, globally recognised brands?and??a strong track record of delivery with good exposure to growth markets?as well as?the premium lubricants segment.

Castrol motorcycle
  • 118 year old global brand with sustained track record of innovation and technology leadership.
  • Delivered $0.4bn of earnings growth between 2014 and 2016 at constant currencies.
  • Growth plans underpinned by strong brands, differentiated technology and customer relationships.
  • More than $0.6bn of earnings growth planned between 2016 and 2021 with further expansion in growth countries and the premium lubricants segment.

Advantaged manufacturing

We have an advantaged manufacturing portfolio that is safer and more reliable with robust programs in place to further strengthen our competitive position and grow earnings.

Sunset over Cherry point refinery
  • A track record of delivery, with underlying earnings growth of $1.5bn between 2014 and 2016, and plans in place to further grow earnings by more than $1bn by 2021.?
  • Our refining portfolio is ranked within the industry top quartile on net cash margin and our plans continue to further strengthen this position.
  • In Petrochemicals we have significantly reduced the breakeven of the business and our plans reduce it further, to over 40% by 2018.
  • Delivery of these improvements are underpinned through asset by asset business improvement programs.
  • 把环保责任镶嵌到组织管理架构中去 2019-04-19
  • 人民网中东中心分社记者报道集 2019-04-18
  • Lorgane législatif chinois décide de la composition du nouveau gouvernement 2019-04-17
  • 工商总局等七部门关于防范代币发行融资风险的公告 2019-04-16
  • 澳门修订《司法组织纲要法》 涉国安法案件限中国籍法官审理 2019-04-16
  • 政协网络在线-天山网 2019-04-15
  • 释放人才活力 支撑江苏高质量发展 2019-04-14
  • 兵团第十二师三坪农场“民族团结一家亲”让亲戚越走越亲 2019-04-13
  • 哪儿有“反爆利法”?老板会制定吗? 2019-04-13
  • A站被黑之后,我们的“网络隐私权”还有哪些威胁? 2019-04-12
  • 2014金家岭财富论坛嘉宾云集 2019-04-12
  • 大厨风范的海鲜做法,小白也能学会,鲜美营养,好吃到哭 2019-04-11
  • 广东省人大开展学习贯彻习近平总书记重要讲话精神专题集中学习研讨 2019-04-11
  • 【理上网来喜迎十九大】美国丹佛大学孙晶:中国是世界“平稳的基石” 2019-04-10
  • 外媒关注:中方积极评价“特金会”成果 2019-04-09
  • 658| 685| 247| 720| 873| 600| 541| 666| 755| 163|