BP opts out of Iran deals ahead of Trump hard line on Tehran
Jan 2nd, 2017
by John Donovan.
by: Andrew Ward, Energy Editor: 2 Jan 2017
BP has opted out of the first wave of agreements to develop oil and gas reserves in Iran after the lifting of international sanctions — setting it apart from its two biggest European rivals Royal Dutch Shell and Total.
However, BP, which has its corporate roots in the Anglo-Persian Oil Company… is taking a more cautious approach ahead of a Donald Trump presidency which threatens renewed diplomatic tensions with Tehran.
FULL FT ARTICLE
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Posted in: BP, Business Principles, Iran, Oil, Royal Dutch Shell Plc, Shell, Total.
Tagged: BP · Iran · Oil · Royal Dutch Shell Plc · Shell · Total