UK major BP said that, barring unexpected developments Ð or acquisitions it does not currently foresee Ð it expects to be able to deliver significant extra cash to its shareholders over the next three years and at the same time strongly grow production and long-term returns. Chief executive Lord Browne said that a $20 oil…
COMPANY: BP to buy back shares when oil price exceeds $20
Posted on April 1, 2004 by EnergyAsia