RE: BP Is on Borrowed Time to Change – Or Else14 Jul 2024 19:15
Seems to me BP have got themselves into a real old tangle. Looney wanted to ride two horses - the black one and the green one and ended up with neither of em knowing which way they were supposed to run. Now hes gone no one seems to know whether to shoot one , give all the fodder to the other or keep em both on life support. Their investors are the same - half of em are embarrassed to see their oil company making profits. Milliband has no such qualms - he wants to see the end of them in the UK.. Reeves probably has her doubts but ideology rules. Not ideal for investors in BP. The board must be debating their best move. Surely it cant be in the UK under a labour govt dedicated to their destruction. Of all the oil majors BP is the last I would currently entrust with my hard earned