BP British Petroleum

-5.51%

1. Financial Risk: BP’s operations are exposed to operating and financial risks commonplace in the international integrated oil and gas industry, including fluctuations in production, refining and marketing margins, price risks associated with oil and gas commodity prices, foreign exchange risks, interest rate risks, credit risks and liquidity risks.

2. Environmental Risk: BP is exposed to environmental risks including operational and regulatory risks associated with the storage, handling and production of oil and gas, including risks associated with oil spills, hazardous substance releases and other environmental incidents.

3. Reputational Risk: BP’s reputation is linked with its performance and actions and the consequent consequences, including in the media, potential consumer boycotts, and changes in relationships with partners.

4. Legal Risk: BP is exposed to losses or liabilities as a result of litigation and regulatory enforcement action in relation to its operations.

5. Operational Risk: BP faces a number of operational risks due to its large size and complexity. These risks include the rigour of safety and operational processes, the effect of production delays and capacity constraints and the potential for contractor or supplier failure.