VOL. XLVII

No 18

03-May-2004

IRAQ

Browne Sees No Future For BP In Iraq Any Time Soon

BP CEO John Browne said 27 April that his company saw no immediate future for itself in Iraq because of the deteriorating political and security conditions there. We need a government [in Iraq], we need laws, we need decisions, he continued. We have not got any of that yet. A whole range of steps need to be taken. Lord Browne was speaking after BP announced record 1Q 2004 profits up 17% on the same period last...