John Browne Quotes (20 Quotes)

We believe this to be a great moment in the history of BP and of TNKSidanco and, indeed, an important milestone in the history of the industry.

It made it more difficult to easily visually observe whether a person had a clearance,

Innovene has proved to be a very attractive business to its peers in the chemicals sector,

I think that the incident that we dealt with this week was a serious incident. I think security at our lab is very strong, however. The lab has always taken security very seriously and we have a program in place that I think will address issues like these in the future.

Prices are expected to be well supported into the winter,

We'll continue to shift the balance of our business in favor of lower carbon energy sources and in particular natural gas,

We have small teams of people entering all our facilities to make sure they are safe before we enter them, and then we will bring each technical area up one at a time until we believe it is safe for the entire site to be brought up.

It's a different world. The new group will have to operate differently. The industrial partners will play an important role. If there's a product the government wants, they will necessarily be focused on delivering that. A lot more money will be at stake.

The industry has not been an attractive place for people to work,

You said we had to be a good Russian corporate citizen. I have not forgotten that agenda.

Prices could remain well above 40 a barrel for a considerable period of time, but predicting the future is a dangerous game, and we prefer to test long term investments on the basis of prices of not more than 25 a barrel.

OPEC is due to meet in the next few months, and the oil bosses thought it could come up with more cuts in production output. OPEC ministers will come back to the table, and there will be some adherence to cuts, ... but there are tough problems to solve.

We had a tough time initially but after the present Sidanco management and ownership structure was established in 2001 we have gradually built an important, mutually beneficial relationship with the owners of AAR and learned a great deal about doing business in Russia.

Our recent experience, particularly with solar, has given us the expertise and confidence to develop new products and markets alongside our mainstream business,

This deal is the very best of a number of good offers.

To participate, international business has to develop partnerships with the state sector, and to do that we have to bring something substantive to the table,

Energy is an issue of national security in which governments, and the state companies that they have established, are likely to be involved for a long time.

We are now at a point where we have sufficient new technologies and sound commercial opportunities within our reach to build a significant and sustainable business in alternative and renewable energy,

I am especially delighted with the growth in oil and gas production and the quality of the downstream performance. All of this has given us the ability to increase the dividend,

Certainly 1998 was worse than we expected. We saw the oil price falling at the beginning of the year and we took quick action to recognize that falling price and it kept falling,