BP CEO says anti-OPEC legislation in Congress would cause unpredictable consequences, and volatility
BP CEO Bob Dudley said OPEC plays a critical role in stabilizing world oil prices and NOPEC legislation under discussion in the House would have serious and unpredictable consequences for the world oil market.
"I think the idea of opening global litigation against the OPEC countries has enormous unpredictable, unintentional consequences," said Dudley in response to a question at the annual IHS Markit CERAWeek annual energy conference in Houston. The legislation brought up in the House Judiciary Committee was a hot topic of discussion at CERAWeek."I think reason will prevail," Dudley said.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
BP will 'absolutely' remain in the UK regardless of Brexit outcome, says CEO Bob DudleyThe U.K. is a 'great place for us,' says BP CEO Bob Dudley, who says the oil and gas company has no plans to leave.
Baca lebih lajut »
Wells Fargo CEO draws bipartisan ire in Congress hearingBoth Democratic and Republican lawmakers pressed Wells Fargo & Co Chief Executiv...
Baca lebih lajut »
Wells Fargo CEO Faces Aggressive Questions from CongressWells Fargo Chief Executive Timothy Sloan faced combative questions from a bipartisan group of House lawmakers, his latest test in the yearslong fallout from his bank’s sales-practices scandal.
Baca lebih lajut »
Wells Fargo CEO Tim Sloan is getting ready to be grilled by CongressWells Fargo CEO Tim Sloan will be testifying before Congress in response to the company's widespread customer abuses.
Baca lebih lajut »
Wells Fargo CEO to tout risk management, remediation to U.S. CongressWells Fargo & Co Chief Executive Tim Sloan will tout the scandal-plagued bank&0...
Baca lebih lajut »
Wells Fargo CEO heads to Congress amid claims that reforms are slippingAs the chief executive of Wells Fargo & Co. gets set to tell lawmakers that the bank is moving past its history of consumer abuses, a new report contends the embattled San Francisco financial institution is backsliding.
Baca lebih lajut »
BP, Exxon to help advance Alaska LNG export project -Alaska GaslineAlaska Gasline Development Corp (AGDC) said it signed an agreement with BP PLC a...
Baca lebih lajut »
Wells Fargo's CEO says the bank has changed. Congress isn't so sureWells Fargo CEO Tim Sloan says the bank has changed and abandoned its scandalous past. But Congress has its doubts.
Baca lebih lajut »
LaCroix maker's CEO blames poor performance on 'injustice' in truly bizarre statementLaCroix maker's CEO blames poor performance on 'injustice' in truly bizarre statement via CNBCMakeIt
Baca lebih lajut »
Former Pimco CEO Douglas Hodge charged in major college cheating schemeHodge, who served as Pimco CEO from 2014 to 2016, allegedly agreed to use bribery to facilitate the admission of two of his children to the University of Southern California as athletic recruits.
Baca lebih lajut »