Upload
justina-perkins
View
21
Download
0
Tags:
Embed Size (px)
DESCRIPTION
WELCOME TO BP IU Scoops Session January 20, 2005. What we’ll talk about today…. Facts & Information Regarding BP Integrated Supply & Trading Business Unit The IST – Oil Americas Challenger Program Q&A. Our aspiration. “to be numbered amongst the world’s great companies - PowerPoint PPT Presentation
Citation preview
What we’ll talk about today…
• Facts & Information Regarding BP
• Integrated Supply & Trading Business Unit
• The IST – Oil Americas Challenger Program
• Q&A
Our aspiration
“to be numbered amongst the world’s great companies
when evaluated on financial returns and growth, being a great place to work and building a positive
relationship with society.
“to make it possible for people all over the world to enjoy the benefits of our products and services without endangering the natural environment.”
- Statement of Strategy, October 2002
Who we are
BP is an oil, gas, petrochemicals and renewables company
104,000 employees*
Operations on 6 continents and in over 100 countries
Market capitalization of $ 196.5 billion*
Annual Revenues of $233 billion*
Largest oil company and 2nd largest company in the world in terms of revenue(2004 Fortune Global 500)
In terms of social responsibility: BP is 3rd worldwide*(Data as of Dec 2003)
Some Interesting facts …….
Over 27,800 service stations worldwide (More than McDonalds)
Serving 13 million customers everyday (More than Yahoo)
Where our people are located
Latin America & Caribbean2,800
NorthAmerica42,800
Africa4,700
Europe45,200
Asia &Australasia12,000
Middle East,Caspian & Russia2,500 (+TNK BP)
What we do
exploration & production
refining & marketing
gas, power & renewables
petrochemicals
business segments
What is IST?
“Born” July 1, 2001, brings together all supply and trading functions
Coordinates information exchange between streams
Provides ‘one face’ to the market
Integ
rate
dS
up
ply
&
Markets BP’s equity production
Originates third-party supply
Optimizes the flows between production, refining & processing, and marketing
Tra
din
g
Mitigates price volatility risk
Uses information from assets to dynamically hedge
Develops deep relationships with third parties
What IST does
IST’s 2,500 employees interact with 95% of the Business Units in BP,
acting as a hub for information and maximizing
asset value
Assets+
Worldwide Presence
+Systems
+Relationships$
How IST Works
IST “Trading Ring” Integrated PositionsTeam based trading & incentivesOpen communication across “books”and locationsCombinations of asset and speculativetrading in a single team
Houston &Chicago
Singapore
London
24 HourGlobal
Trading
Other Major OfficesLong BeachCalgaryMoscowCape TownDubai
HumanCapital
And many other offices across the globe
Program Overview
3 positions over 3 years
Opportunities to change location
-La Palma, CA and Houston, TX
Variety of roles
Based on personal development & business needs
Rotations
Training programs: BP & external
Networking opportunities with fellow employees
Mentors assigned to provide guidance
Other Opportunities for Learning
Purpose of the program:
Acceleration of skills development
Exposure to different business areas
Broad networking
Develop new internal pool of talent
Grow and enhance our group’s performance
Diversify workplace: infuse new ideas
Personal Development Business Needs
How it works:
IST-Commercial Challenge Opportunities
Types of Positions Available
Rotation opportunities include:
Analytical, Operational or Project rolesExample Jobs
Chartering Specialist
Trading Analyst
Risk Analyst
Process Support Analyst
Scheduler
Supply Specialist
Contract Specialist
IST-Finance & Accounting Challenge Opportunities
Types of Positions Available
Example Jobs
Trading Control (MI/MA) Analyst
Financial Accounts Analyst
Financial Operations Analyst
Inventory Analyst
Various roles in finance, control, and accounting
Why is IST Challenge Unique?
Real jobs; real opportunities
No pre-defined tracks: You have input
Reasonable hours and expectations
Great jobs waiting at completion
Hiring Process
•Campus Interviewing in October
• Final interviews at BP Chicago offices in November
• Offers extended the following week
• Decision date by early December
Spring Semester 2005
Trading Simulation February 23, 2005
Bid via UCSO website
Real world, real time, real experience
Z302 Case Competition
• Career Services Office
• Contact us
•BP-IST TRADING SIMULATION
•FEBRUARY 23, 2005
•1-3pm or 5:30-8pm
•Trade Real Time Markets
•Trade Through Brokers and Counterparties
•State of the Art Technology
•Have Fun, Network, Win Prizes
•See the BPO and CSJ for more information