"2014 is when things really start moving" for BP, CEO Bob Dudley tells CNBC, with still another...

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

"2014 is when things really start moving" for BP, CEO Bob Dudley tells CNBC, with still another ~150K bbl/day of oil divestments ahead in 2013. "Underlying we'll have production growth in 2013, but we're still shrinking down a bit, at the tail of those divestments." BP expects four new major upstream projects to begin production by the end of 2013, with another six during 2014. BP +1.5% premarket.