The Oil and Gas Climate Initiative (OGCI) and Petrobras announced that the Brazilian company will join the initiative. This commitment is subject to the approval of the OGCI Climate Investments Members’ Agreement by the Petrobras board of directors.
British Petroleum is looking to increase its investments in Argentina after seeing “tremendous change” in the country since President Mauricio Macri took office nine months ago, CEO Bob Dudley said on “Bloomberg Markets” this week. Argentina just “feels different,” Dudley told Bloomberg's Erik Schatzker at the inaugural Argentina Business Investment Forum in Buenos Aires.
Oil giant BP boss Bob Dudley has warned there are big uncertainties for the company over the possibility of Scotland becoming independent. Mr Dudley told the BBC the question mark over which currency Scotland might adopt if there was a 'yes' vote in September's referendum was a concern.