PERSPECTA

News from every angle

Back to headlines

BP Weighs North Sea Exit Under New CEO

BP Weighs North Sea Exit Under New CEO Authored by Michael Kern via OilPrice.com, BP has started to simplify its portfolio and cut costs, and will make fewer but better choices in which projects to invest, chief executive Meg O’Neill said on Thursday. “We are taking concrete action to grow long-term value for shareholders: simplifying our portfolio, reducing costs, maintaining tight discipline on capex and strengthening the balance sheet,” O’Neill, the first female CEO of a B...

10 Jul, 10:30 — 10 Jul, 10:30
PostShare

Coverage Timeline

First report: Yahoo · 9 Jul, 14:30Full coverage: 2 · 20hWindow: 20h
Left-leaningCenterRight-leaning