Bob Dudley, Managing Director of BP, and the man with the unenviable job of overseeing the mopping up of the Gulf of Mexico, might be experiencing a moment of deja vu.
It was in the role of Chief Executive of BP’s joint venture in Russia that he came under enormous pressure from a state determined to pursue its own interests even if that flew in the face of natural equity and conventional commercial practice.
And now the US government, in effectively threatening to sequester BP’s assets, might be accused of pursuing its own interests in a rather similar fashion.
Where will Mr Dudley go next? North Korea?
Wednesday 7 July 2010
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