LONDON (Reuters) - BP Chief Executive Bob Dudley's promise of strong long-term growth failed to convince investors concerned about the company's post oil-spill strategy.
A year after BP, Europe's second-largest oil company by market capitalization, staunched the massive leak at its Gulf of Mexico well, investors say Dudley has still not set the company on the road to recovery.
On Tuesday he sought to address that concern, saying deals to secure new reserves this year would help drive performance in 2012 and 2013. But some analysts were unimpressed.
via news.yahoo.com
