BP isn't performing like shit because it went too green. It's performing like shit due to a variety of factors, in no particular order:
- Deepwater Horizon
- Massive exp capex w little break even return options
- Plummetting replacement reserves ratio
Tl;dr: It's just not that good at this
- Deepwater Horizon
- Massive exp capex w little break even return options
- Plummetting replacement reserves ratio
Tl;dr: It's just not that good at this
Reposted from
Patrick Galey
The industry/media human centipede spun the lie that BP was underperforming because it went too green too soon.
That has since proven to be the transparent lie that it was.
Even after "resetting" to full bore oil and gas the company is still rotten apple www.theguardian.com/business/202...
That has since proven to be the transparent lie that it was.
Even after "resetting" to full bore oil and gas the company is still rotten apple www.theguardian.com/business/202...
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