We've updated our Privacy and Cookies Policy
We've made some important changes to our Privacy and Cookies Policy and we want you to know what this means for you and your data.
Dudley says BP to pay dividends again soon
成人快手 business editor Robert Peston interviews BP's new boss
It's a new safety-first era for BP, under its quietly spoken new American boss, Bob Dudley.
He takes over as chief executive at midnight tonight. And in an exclusive interview with me, he said that controlling risks will henceforth be at the heart of everything BP does.
In fact his very first act, now that he holds the levers of power, is to create a new risk-and-safety division, which will embed safety officers in every nook and cranny of BP's vast global organisation.
BP might become slightly less vast and sprawling on his watch, as it sells off assets to meet the 拢20bn-odd costs of clearing up after the Deepwater Horizon oil disaster.
But he insisted that he was determined that BP should continue to have a continued presence in the US, even though its name has been something slightly worse than mud there since the polluting of the Gulf of Mexico.
As for BP's long-suffering shareholders, he had good news for them: he is hopeful that the company will resume dividend payments early in the new year. "I believe we will get there," he said.
Whether BP will be able to afford payments on the scale of the 拢6.67bn it shelled out in 2009: well, that's less clear.
But given the dependence of most British pension funds on income from what was the UK's biggest dividend payer, it will be huge progress if it pays anything commensurate with its 拢80bn market value.
You can keep up with the latest from business editor Robert Peston by visiting his blog on the 成人快手 News website.
Top Stories
More to explore
Most read
Content is not available