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BP may 'incrementally' increase U.S. shale portfolio -CEO

Tue, 07th Feb 2017 10:56

LONDON, Feb 7 (Reuters) - BP is looking at ways toincrementally increase its footprint in U.S. shale oil and gasproduction, its Chief Executive Officer Bob Dudley said onTuesday.

Dudley said the company will use "a lot of discipline" ininvestments in the sector as asset prices are high.

Talking to analysts after reporting its 2016 results, Dudleyalso said the British oil and gas company was considering givingthe green light to several projects around the world, includingin Oman, Trinidad and Tobago and India. (Reporting by Ron Bousso; editing by Jason Neely)

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