BP Takes It Slow and Steady
We have been burned, and we're turning conservative. That was the message communicated by results and comments from the once-swashbuckling, wheeling-and-dealing BP on Jan. 6. In one of his first public appearances since being tapped as CEO designate, Tony Hayward announced a sharp paring back of BP's future production estimates, while also sounding a note of caution on deals.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- This $14 Million Atlanta Home With Bunker Is ‘Safest in America’
- GE's New CEO Vows Sweeping Change After ‘Unacceptable’ Report
- These Cities Make NYC Housing Look Dirt Cheap
- The U.K.'s $86 Billion Pension Problem Is About to Solve Itself
- Separatists Pledge to Fight On After Spain Moves to Oust Catalan Leaders