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36 comments on Lord Browne Speaks, Beyond Petroleum?

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Bubba on December 2, 2005 - 12:05am Permalink | Subthread | Parent | Comments top
Apparently, 2 days ago BP just launched a subsidiary called Alternative Energy.  Again they play up the Wind, Hydrogen and Solar, but they include gas-fired power.  They claim that they will invest 8 billion dollars in the next 10 years in this business starting off with an investment of 1.8 billion for the next 3 years - roughly split equally between all four business segments.  

This is great, but it is not a significant chunk of BP's investment capital.  My guess is that it is about 5% of their forecasted capital over that period.

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sampo on December 2, 2005 - 1:13am Permalink | Subthread | Parent | Comments top
excuse me, but bubba...you f*cking rock.

thx for the infos

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36 comments on Lord Browne Speaks, Beyond Petroleum?

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