Carl Henric Svanberg interview - Part 2

The transcript discusses BP's financial strategies and responsibilities following a major accident. It covers cost estimations, including a $20 billion escrow fund for claims, and the company's significant losses. Despite these challenges, BP's underlying performance remains strong. The discussion also addresses BP's responsibility, industry learning, and the role of American partners. Tony Hayward's congressional hearing and his compensation are also highlighted.

What is the purpose of the 20 billion escrow fund mentioned in the discussion?

• To cover future investments

• To pay legitimate claims

• To fund new projects

• To increase company profits

How does the company view its performance despite reporting a significant loss?

• The company is performing well in other areas

• The company is unsure about its future

• The company is struggling in all areas

• The company is planning to shut down

What is the company's stance on the responsibility for the accident?

• The company blames the government

• The company shares responsibility with partners

• The company denies any responsibility

• The company is solely responsible

What was a key challenge for Tony Hayward during his Congressional appearance?

• Balancing legal protection with public transparency

• Managing company finances

• Avoiding media attention

• Negotiating with partners

What compensation did Tony Hayward receive upon his departure?

• A one-time bonus

• Stock options

• A rolling 12-month contract pay

• No compensation