BP has no plans to raise annual investments this decade-CEO

By LNG World News BP’s Chief Executive Bob Dudley speaks to the media after year-end results were announced at the energy company’s headquarters in London February 1, 2011. REUTERS/Suzanne Plunkett/File PhotoBy Caroline Stauffer, Luc Cohen and Juliana Castilla
BUENOS AIRES (Reuters) – BP does not plan to increase annual investments this decade but still expects to bring nine new projects online in 2017 as it focuses on improving efficiency, Chief Executive Bob Dudley said in an interview on Wednesday.
Dudley met with government officials during an investment forum in Argentina and said BP is testing in the Vaca Muerta shale area, where U.S. rivals Exxon and

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