Topic: Pavel Molchanov
Robert Dudley, who will become BP's new chief executive on Oct. 1, has many of the qualities that BP needs as it tries to move beyond the Gulf oil spill crisis. But he faces a tough task.
BP is now paying $40 million a day to deal with the Gulf oil spill. Its overall costs are nearing $1 billion, and an expected tide of litigation is still ahead. Then again, BP is flush with cash.