BP boss says US shale will keep oil price rises in check
BP’s chief executive said yesterday that he expects US shale production to keep oil prices in check.
BP’s chief executive said yesterday that he expects US shale production to keep oil prices in check.
BP’s chief executive Bob Dudley explained how his chief economist relies on a ‘crystal ball’.
Global demand for energy will rise by 30% over the next 20 years, fuelled by increasing demand from China, India and other fast-growing economies, BP said yesterday.
The backlash over bumper pay deals for Britain’s chief executives this year signalled the return of investor activism last seen during the so-called “shareholder spring” of 2012.
Managing the aftermath of the devastating Deepwater Horizon accident has better equipped BP to navigate in a downturn, its CEO has said.
Speaking exclusively to Energy Voice, oil boss Bob Dudley revealed OPEC’s decision helped strip away his “nervousness” around planning his business strategy around $55 next year.
BP’s top boss said the oil major would double its North Sea production as he hailed the region as one of the company’s “crown jewels”.
BP is pushing its North Sea operating costs down to $12 per barrel, chief executive Bob Dudley said.
Oil will continue to reign supreme in the global energy mix, according to BP chief executive Bob Dudley.
The oil industry must have an open dialogue with young people to avoid repeating the mistakes of the 80s, when a generation of innovators was lost, according to BP’s chief executive.
BP has created a new executive committee to explore business in Iran which excludes its American chief executive Bob Dudley in a bid to avoid potential violations of US sanctions still in place.
BP boss Bob Dudley has said the oil major is starting to invest again with a sleuth of new projects expected to be approved next year.
Rising petroleum demand in China, North America and Europe will help bring global oil markets into balance this year, BP Plc Chief Executive Officer Bob Dudley said.
A decision by the British people to quit the European Union in a forthcoming referendum would trigger a period of uncertainty for the world, BP (BP.L) Chief Executive Bob Dudley told Bloomberg TV on Friday.
BP can keep spending at a reduced rate of about $17 billion for another three years without affecting growth, chief executive Bob Dudley said.
Oil major BP is unlikely to invest in Saudi Aramco's flotation, chief executive Bob Dudley told reporters at the St Petersburg International Economic Forum.
BP has launched the 65th edition of its Statistical Review of World Energy, launched today, and claims the world is shifting to lower carbon fuels.
Oil major BP's chief executive Bob Dudley has defended his £14million pay deal for the first time since it was disputed by shareholders.
Sir Martin Sorrell, the boss of advertising giant WPP, has defended his £63 million pay package, insisting “if WPP does well, I do well”.
BP chief executive Bob Dudley will face shareholders on Thursday amid investor anger over his 19.6 million dollar (£13.8 million) pay package when they gather for the oil giant’s annual general meeting.
BP's chief executive, Bob Dudley, faced fresh backlash over his pay packet.
BP and Kuwait Petroleum Corporation (KPC) have signed a framework agreement to explore possible joint opportunities for investment and cooperation in future oil, gas, trading and petrochemicals ventures.
BP chief executive Bob Dudley's pay packet increased by 20% in 2015 to $19.6million, despite the firm delivering one of the lowest profits in its history.
The world is so awash with crude, the boss of BP Plc said people will be filling their “swimming pools” with it by the end of the year.
BP’s mammoth annual losses have laid bare the impact of the tumbling cost of crude, with the rout now reaching levels not seen since the oil price crash in 1986.