The price of shares and the income derived from them can go down as well as up and investors may not get back the amount originally invested. Investors should be aware that past performance is not necessarily a guide to future performance.
The information contained in this document concerning taxation is based on bp's understanding of legislation and practice in effect at the time the information was produced. That information may no longer be accurate because of subsequent changes in legislation or changes in interpretation or practice or because the levels or bases of taxation have changed. An investment in bp shares may not be suitable for all investors. You should take independent financial advice before making any investment decision.
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Statements made on or contained in this website or in documents referred to, particularly those regarding capital employed, capital expenditure, cash flows, costs, savings, debt, demand, disposals, dividends, earnings, efficiency, gearing, growth, improvements, investments, margins, performance, prices, production, productivity, profits, reserves, returns, sales, strategy, synergies, tax rates, trends, value, volumes, the effects of bp merger and acquisition activity, are or may be forward looking statements. Such statements reflect the views of bp as of the date made with respect to future events and are subject to risks and uncertainties. Actual results may differ from those expressed in such statements, depending on a variety of factors including future levels of industry product supply; demand and pricing; political stability and economic growth; development and use of new technology; actions of competitors; and natural disasters, wars and acts of terrorism. Additional information, including information on factors that could cause actual results to differ materially from those in the forward looking statements are contained in bp's latest published Annual Report and Accounts, in bp's latest published Annual Report on Form 20F filed with the US Securities and Exchange Commission and other documents filed by bp from time to time with the US Securities and Exchange Commission. bp disclaims any intention or obligation to update forward looking statements.
The United States Securities and Exchange Commission permits oil and gas companies, in their filings with the SEC, to disclose only proved reserves that a company has demonstrated by actual production or formation tests to be economically and legally producible under existing economic and operating conditions. We use certain terms on this web site, such as "resources" and "non-proved reserves", that the SEC’s guidelines strictly prohibit us from including in our filings with the SEC. U.S. investors are urged to consider closely the disclosures in our Form 20-F, SEC File No. 1-06262, available from us at 1 St James’s Square, London SW1Y 4PD. You can also obtain this form from the SEC by calling 1-800-SEC-0330.
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Where we provide a hyperlink to a third party's website, we do so because we believe in good faith that such a website contains or may contain material which is relevant to that on our website. Such a hyperlink does not signify that bp or its subsidiaries have reviewed or approve of the connected third party's website or its contents – indeed in certain instances a hyperlink may connect you to a third party's website containing views contradictory to those expressed on our website or otherwise held by bp and its subsidiaries.
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In the event that any or any part of the terms contained in these terms and conditions shall be determined by any competent authority to be invalid, unlawful or unenforceable to any extent, such term shall to that extent be severed from the remaining terms which shall continue to be valid and enforceable to the fullest extent permitted by law.