BP CEO Dudley: Priority Is to 'Get Back Growing'

The transcript discusses BP's strategic focus on growth and investment, highlighting new projects and deals. It emphasizes the importance of maintaining investment to stabilize oil prices and avoid recession. Key milestones, such as agreements with the US government, are noted as inflection points. The company aims to cover dividends with a target oil price of $55 per barrel, addressing shareholder priorities. Future deals will be driven by economic factors, with a focus on long-term portfolio building. The potential for industry consolidation, particularly in the US, is also explored.

What are the major projects expected to come online in 2017?

How does the company plan to balance its sources and uses of funds?

What is the target price per barrel of oil that the company aims to cover its dividend?

What factors will drive the company's decision to pursue additional deals in 2017?

What is the company's perspective on consolidation in the oil sector?