Can Dudley Move BP Beyond its Past?Quicklink submitted by Margaret Bassett Permalink
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|By naming American Bob Dudley as the new CEO Tuesday, BP's board has shifted the company's focus squarely on America, which remains the company's best hope and its biggest failure. Dudley came from Amoco, which by the time BP bought it in 1998 was one of the weaker pieces of the old Standard Oil monopoly. In the years leading up to the merger, it had a poor exploration record and its refining business had slipped|
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