BP Chief Plays Down Idea of a Breakup

Image by Alastair Grant/AP LONDON -- BP PLC shares fell Tuesday amid investor frustration at the company's growth strategy in the wake of the Gulf of Mexico oil spill and disappointing second-quarter results. Chief Executive Bob Dudley said BP isn't about to break itself up, as some analysts have suggested, adding his top priority is to stabilize the company after last … [Read more...]

Bob Dudley Op-Ed: 1 Year After Deepwater Horizon Disaster

By Bob Dudley, Group Chief Executive, BP p.l.c. A year ago [Wednesday, April 20], the Deepwater Horizon drilling rig exploded, killing 11 men and causing the largest offshore oil spill in U.S. history. At BP we regret that the accident happened and the impact it has had on the environment of the Gulf Coast and people living there. From the start, we committed to pay … [Read more...]