Middle East Economic Survey
VOL. LIII
No 28
12-Jul-2010
BP Courts Potential Gulf Investors
BP Chief Executive Tony Haywards tour of the Gulf last week increased speculation that the company is seeking investment from sovereign wealth funds (SWFs) and other state entities in the region. The companys shares edged up off their recent lows. They had been pounded down 50% by the Macondo oil spill disaster in the Gulf of Mexico. The beleaguered stock also received support from a Wall Street Journal...
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