A post-Hayward BP could be even riskier, as new CEO Robert Dudley intends to slim BP to its core...

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

A post-Hayward BP could be even riskier, as new CEO Robert Dudley intends to slim BP to its core strength: the high-risk, high-return search for oil and gas in demanding environments. It is shedding older onshore and shallow-water fields to raise cash to pay gigantic spill bills and reassure markets, but this will heighten dependence on deepwater fields.