How bad is BP?

摘要

Vladimir putin has a wry sense of humour. Commenting on the new tie-up between bp, a British oil firm, and Rosneft, a Russian state-controlled one, he remarked that "one who has been beaten is worth two who haven't." That could refer to the reputational battering bp recently sustained after its disaster in the Gulf of Mexico, or to bp's experiences in Russia. In 2008 Bob Dudley, then boss of tnk-bp, a joint venture set up in 2003 to pump Siberian oil, had to flee Russia amid what he called "sustained harassment" from his hosts.