Sentences with phrase «bp earlier this decade»

Not exact matches

«BP is continuing to plan for a lower oil price world,» chief executive Bob Dudley said earlier this month, adding that «I'm not expecting big shifts in prices anytime soon and a price of $ 50 a barrel looks like the right number to plan on for the rest of the decade.»

A century long struggle to gain full control of its natural resources and refining capacities has been punctuated by many events: from the exploits of the Anglo - Persian Oil company (later to be known as British Petroleum or BP), in the early part of last century; to the CIA backed overthrow of the first democratically elected government in the 1950s, after it nationalized the country's oil fields; to the destruction toll of several oil installations during the decade long Iran - Iraq war; to current pressures by large international firms to negotiate contracts for the exploitation rights of oil and gas.

Indeed, BP said it now expects solar to reach grid parity by the mid-2020s, a decade earlier than previously expected.