Provisions

12 Months Ended

Dec. 31, 2024

Other Provisions, Contingent Liabilities And Contingent Assets [Abstract]


						$ million
	Decommissioning	Environmental	Litigation and claims	Emissions	Otherc	Total
At 1 January 2024	12,372	1,614	727	3,025	1,401	19,139
Exchange adjustments	(53)	(9)	(9)	(58)	(67)	(196)
Acquisitions	—	—	29	—	11	40
New and increase in existing provisionsa	942	254	125	1,931	1,445	4,697
Write-back of unused provisionsa	—	(35)	(18)	(339)	(333)	(725)
Unwinding of discountb	499	61	20	—	37	617
Change in discount rate	(886)	(38)	(22)	—	(7)	(953)
Utilization	(52)	(287)	(151)	(2,229)	(479)	(3,198)
Reclassified to other payables	(591)	(21)	—	—	(6)	(618)
Reclassified as liabilities directly associated with assets held for sale	(40)	—	—	—	(5)	(45)
Deletions	(433)	(21)	—	—	(16)	(470)
At 31 December 2024	11,758	1,518	701	2,330	1,981	18,288
Of which – current	641	351	109	1,877	622	3,600
– non-current	11,117	1,167	592	453	1,359	14,688

aRecognized in the Group income statement, other than changes in decommissioning provisions related to owned assets.

bRecognized in the Group income statement

cOther includes provisions for onerous contracts and restructuring costs.

The decommissioning provision primarily comprises the future cost of decommissioning oil and natural gas wells, facilities and related pipelines. The

environmental provision includes provisions for costs related to the control, abatement, clean-up or elimination of environmental pollution relating to soil,

groundwater, surface water and sediment contamination. The litigation and claims category includes provisions for matters related to, for example,

commercial disputes, product liability, and allegations of exposures of third parties to toxic substances. Emissions provisions primarily relate to obligations

under the U.S. Environmental Protection Agency Renewable Fuel Standard Program and are driven by the amount of the obligations outstanding and

current price of the related credits. The provision will principally be settled through allowances already held as inventory in the group balance sheet.

For information on significant estimates and judgements made in relation to provisions, see Provisions and contingencies within Note 1.

Gulf of America oil spill

The group has recognized certain assets, payables and provisions and incurs certain residual costs relating to the Gulf of America oil spill that occurred in

2010. For further information see Notes 7, 22, 29, 33. The litigation and claims provision presented in the table above includes the latest estimate for the

remaining costs associated with the Gulf of America oil spill. The amounts payable may differ from the amount provided and the timing of payments is

uncertain.