Bob Dudley on British Petroleum

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Last quote by Bob Dudley on British Petroleum

We continue to position BP for the new oil price environment, with a continued tight focus on costs, efficiency and discipline in capital spending. We delivered a strong operational performance in the first half of 2017 and have considerable strategic momentum coming into the rest of the year and 2018, with rising production from our new Upstream projects and marketing growth in the Downstream.feedback
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Aug 01 2017
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All quotes by Bob Dudley on British Petroleum

Market fundamentals continue to suggest that the combination of robust demand and weak supply growth will move global oil markets closer into balance by the end of the year.feedback

We are continuing to move rapidly to adapt and rebalance BP for the changing environment. We're making good progress in managing and lowering our costs and capital spending, while maintaining safe and reliable operations and continuing disciplined investment into the future of our portfolio. Our plans set out a clear course for BP for the medium term and will allow us to deliver growth in the longer term.feedback

The first and second quarter will be very difficult… It is a big shock for producing countries. It reminds me of (the oil crisis in) 1986.feedback

Prices will remain low for longer but not forever.feedback

There's no question that we're going to learn a lot from this accident in the Gulf coast. It's going to be about equipment, people, different companies and as a result of that we're going to learn a lot from that – both BP and the industry – and I'm sure there will be changes.feedback

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Quotes by Bob Dudley on British Petroleum

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