
BP Plc, the oil major that sold a third of its assets after a disastrous rig accident in 2010, said it won’t be left behind as the industry boosts investment in new energy.
“We haven’t made really big bets but we’re scanning and screening everything” to assess renewables opportunities, Chief Executive Officer Bob Dudley said Tuesday. BP must “get its balance sheet really strong, and then we’ll be able to do whatever we think is the right thing to do.”
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