Dudley Says BP Is `Firing on All Cylinders'

The video discusses market turbulence, oil prices, and the company's financial health, including net debt and cash flow. It covers shareholder returns, growth projects, and the performance of the downstream business. The company is focused on asset divestment and future investments, emphasizing capital discipline and strategic project selection.

What was the company's planning price range for oil in the current year?

• $50 to $55

• $55 to $60

• $60 to $65

• $65 to $70

How did the company respond to shareholder concerns about dilution?

• Implemented a script buyback program

• Stopped share buybacks

• Reduced operating costs

• Increased dividends

What was the company's approach to managing costs while in growth mode?

• Increasing capital expenditure

• Focusing solely on upstream operations

• Reducing the number of projects

• Balancing growth with cost management

Where did the company see oilfield inflation occurring?

• In the downstream sector

• In the Gulf of Mexico

• In the Permian onshore

• Globally

What was the performance of the company's downstream business last year?

• Profits were down 24%

• It was the worst year on record

• It was the second best year on record

• The business was sold off

What was the company's target for asset sales?

• $4 billion

• $3 billion

• $6 billion

• $5 billion

What is the company's focus when selecting future projects?

• Maximizing production

• Reducing operational risks

• Achieving higher returns

• Expanding into new markets