Staff leaves BP after the spill

One more consequence of BP gigantic oil spill in the Gulf of Mexico: some staff members are leaving the company. Not as many as first expected, but this is a sign that the company is in pretty bad shape and that its future is weak…

BP Plc lost some staff from its fuel oil trading desk but it was not as many as reported, a senior executive said on Monday.

Reuters reported that 14 staff have quit worldwide over the past month from BP’s global fuel oil trading desk, including the global head and team leaders in Asia, the United States and Europe.

“There are people leaving, but not as many as reported,” said Clive Christison, Director and CEO, Supply & Trading, Integrated Supply & Trading, Global Oil, Eastern Hemisphere of BP.

When asked if the departures affected BP’s fuel oil trading activities globally, he said: “No.”

Christison earlier said at the Asia Oil and Gas Conference that BP continued to trade fuel oil in the Platts window.

“We have a very strong fuel oil team,” he said.

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