BP chief executive Bob Dudley told employees yesterday that investors’ patience was wearing thin, as his turnaround failed to show rapid results and the oil giant continued to face headwinds.
Mr Dudley’s leaked e-mail to staff came after a series of problems in recent weeks, including its Moscow offices being raided, its replacement by rival ExxonMobil in a key Arctic venture and incorrect reports the Macondo well in the Gulf of Mexico was leaking again.
He said: “Investors are interested in clarity and certainty. I know the time since the Deepwater Horizon event has been frustrating for shareholders.”