For years Lord Browne, the former CEO of BP worked tirelessly to make the world imagine that BP was much more than an oil company. Browne saw BP as a next generation energy company. The problem being that BP has big problems. It recently received a record fine for the Texas refinery explosion that was cited as being a direct result of lack of investment. Next came a break in the Alaskian pipeline, again as a result of lack of funding. Lord Browne suffered from a common affliction, he believed his own PR.
Saturday, 3 November 2007
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