Health, Safety & Environment Process safety. Training, monitoring and assurance Loss Time Injury rate down 20% to 0.2 per 100,000 hours worked CO2 emissions down from 8.4 million tonnes to 7.4 million
Grow British Gas Stable British Gas Residential profits; simpler, clearer bills. British Gas Services profits up 34%; high customer retention Investment in new British Gas Business systems and management team On track to deliver 300m…
Deliver value from our growing upstream business Gas & oil: o established significant Norwegian business o reserves and production up 50% o cash generation doubled Leader in offshore wind power Optimisation of gas-fired fleet…
Build an integrated North American business DE operating profit up 55%; US downstream profit up 72% US customers numbers up 75% Return on capital up from 9% to 13% Upstream production up 53%; resource base trebled
Drive superior financial returns Earnings before interest, tax, depreciation and amortisation up to 4.0bn from 2.6bn Earnings per share up 25%; Dividends per share up 28% Total shareholder return 36% (FTSE 100: 21%)
The external environment is evolving Gas: o UK more reliant on imports; LNG increases exposure to global markets o North America shale brings lower prices and export opportunities UK power: o New investment depends on regulatory…
Our refreshed strategic priorities OUR VISION to be the leading integrated energy company with customers at our core INNOVATE to drive growth and service excellence INTEGRATE our natural gas business, linked to our core markets…
What these priorities mean INNOVATE Share technology and new propositions across the Atlantic, building on our leading positions INTEGRATE Invest for value in E&P, notably in North America, and limit capital employed in power…
New organisational structure International Downstream Chris Weston Share ideas, expertise and best practice across markets International Upstream Mark Hanafin Bringing together our E&P teams and expertise across the Atlantic