Speculation On BP Strategy High

The Chief Executive of British Petroleum, Tony Hayward, arrived in Abu Dhabi on Tuesday for holding a meeting with major shareholders and key partners. This has stirred the speculation that BP is looking forward for finding new institutional partners in Saudi Arabia and the UAE so that it can enrich its share price and raise finance to such a level that it can protect itself from being taken over.

The arrival of the BP CEO was confirmed by the spokesperson for the BP, Sheila Williams. But she has not provided any information regarding the trip details of the BP chief executive.


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