BP CFO: Up to 20% Can Be Shaved Off Capital Expenditures This Year

The video discusses BP's strategies to manage financial volatility amid fluctuating oil prices and market conditions. It covers the company's dividend policy, capital program adjustments, and liquidity management. The impact of COVID-19 and OPEC's decisions on the oil market is analyzed. BP's approach to refining business challenges and its commitment to energy transition and portfolio diversification are also highlighted.

How did the company respond to the challenges posed by the COVID-19 pandemic?

What is the significance of the progressive dividend policy mentioned?

What insights were provided regarding the refining business and its challenges?