BP CEO Dudley Says Company Safer Two Years After Gulf Spill

BP Plc, the second-largest European oil company, is safer and stronger more than two years after a blowout at a Gulf of Mexico oil well caused the worst offshore oil spill in U.S. history, the company’s chief executive officer said.

“We alone stepped up from the outset, acknowledging our role, waiving the liability cap and committing ourselves to help restore the environment and economy of the Gulf Coast region,” Robert Dudley said in a speech at the IHS CERAWeek conference in Houston. “We are honoring our commitments.”