BP Downsizing Stepped Up, With ‘Every Dollar’ Scrutinized

摘要

BP plc had begun restructuring its global businesses following the Macondo well blowout in 2010, and the blowout in oil prices is going to require more belt-tightening, executives said Wednesday “Although the current environment is challenging, BP is well-positioned to respond and manage our upstream business for the long term,” said Upstream chief Lamar McKay. “We expect to see growth from our conventional and deepwater assets and an increasing contribution from gas. And we also have a quality pipeline of opportunities that we believe are capable of extending underlying growth well beyond 2020. Our focus throughout will remain firmly on safe operations, execution efficiency and greater plant reliability.”