BP CEO Dudley Says Would be 'Good for BP if the U.K. is in Europe'
February 10 2016 - 12:51PM
Dow Jones News
By Neanda Salvaterra
BP PLC Chief Executive Bob Dudley said Wednesday that it would
for "good for BP if the U.K. is in Europe," in response to
questions about his position on whether the company's home country
should leave the European Union.
Mr. Dudley suggested the company would likely remain on the
sidelines as Prime Minister David Cameron negotiates changes to the
U.K.'s relationship with the EU and then hold a referendum on
staying in or leaving the bloc as soon as June.
"Just like I know when you are negotiating oil and gas
contracts, it's best to be quiet in the middle of a negotiation,"
Mr. Dudley said.
"I think we've said this as a company, we think there are
reforms that can make Europe more competitive as a place to do
business," Mr. Dudley said in response to questions after the
company presented its outlook on energy over the next two decades.
"We support the improvements that we think can be made."
"We think it's good for BP if the U.K. is in Europe and we think
it's good for Europe if the U.K. is in Europe," he said.
Write to Neanda Salvaterra at Neanda.Salvaterra@wsj.com
(END) Dow Jones Newswires
February 10, 2016 12:36 ET (17:36 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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