Carl-Henric Svanberg

BP: A Scandal A Day. Will Petrochina Be The Heir To The Very Valuable Remains?
July 03, 2010

It is just about two and a half months since BP’s Deepwater Horizon rig exploded, at the same time exploding the lives of 11 workers whose names no one knows—in contrast to the two haughty executives who seem always to be taking respite from troubles in their conveniently docked boats. The news buried in today’s Financial Times story about BP being “braced for shake-up at top” reveals that, aside from ExxonMobil or Royal Dutch Shell (notice how these are already combines of previous companies), PetroChina seems to be preparing for an “opportunistic bid.” This will not be good for the United St