Bob Dudley: BP May 'Incrementally' Increase US Shale Portfolio

BP Plc (NYES: BP) is looking at ways to incrementally increase its footprint in U.S. shale oil and gas production, its CEO Bob Dudley said Feb. 7.Dudley said the company will use “a lot of discipline” in investments in the sector as asset prices are high.Talking to analysts after reporting its 2016 results, Dudley also said the British oil and gas company was considering giving the green light to several projects around the world, including in Oman, Trinidad and Tobago and India.
Source: Oil & Gas Investor