At its Investor Day, BP (BP -0.4%) puts forward plans to ramp up capex to $24B-$27B between...

|About: BP p.l.c. (BP)|By:, SA News Editor

At its Investor Day, BP (BP -0.4%) puts forward plans to ramp up capex to $24B-$27B between 2014-20 in a portfolio radically changed by its deal with Rosneft and post-Macondo selloff program. BP says it will take aim at fewer, higher-margin upstream plays, with a particular emphasis on deepwater oil plays including Angola, Azerbaijan, the Gulf of Mexico and the North Sea. (earlier)