MoneyTalk

 

Where Next For BP?

11 April 2011
In this week’s episode:

It was nearly a year ago when an explosion on a BP (LSE: BP) oil rig in the Gulf of Mexico caused one of the worst environmental disasters in marine history. It also brought one of the world's largest oil companies to its knees. This week, David Kuo chats with Stanley Reed who, together with Alison Fitzgerald, co-authored In Too Deep, which looks at the drilling race which led to these events. Find out why Reed and Fitzgerald believe that the accident was bound to happen and whether they think BP has learnt from its past mistakes.

 

A transcript of this podcast is also available.

Stanley Reed and David Kuo
Stanley Reed and David Kuo

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Comments

The opinions expressed here are those of the individual writers and are not representative of The Motley Fool. If you spot any comments that are unsuitable hit the flag to alert our moderators.

Avalaugh 12 Apr 2011 , 11:23am

zzzzzzzzzzzzzzzz..........

Chongq 12 Apr 2011 , 11:31pm

Good to start with but Stanley Reed seems to be totally illogical in judging Bob Dudley. Dudley was responsible for TNK and so should have known the JV agreement backwards. Instead he barely seems to understand it. Another turtle who has no grip on the real business. Got it wrong twice.
Initial deal against JV agreement
Secondly even a share swap was against deal.
Next turtle please.
Reed was wrong , arbitration was in Sweden not UK. Normal business with many contracts.
No comment from Reed on fact most (all?) real mistakes were Amoco heritage people.

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MoneyTalk is a podcast from The Motley Fool UK. Hosted by Owain Bennallack, it's a lively roundtable discussion in which Fool writers and guests from the world of money thrash out the financial issues of the day.

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