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FT: UK government warns BP over potential takeover

An article by George Parker and Christopher Screen Shot 2015-04-26 at 18.35.06Adams published 26 April 2015 by The Financial Times

UK government warns BP over potential takeover

Amid wider consolidation in the energy sector, triggered by the sharp fall in oil prices, Downing Street has informed BP and senior City figures that it wants the group to remain a British industrial champion with global reach.

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Screen Shot 2015-04-09 at 00.19.50RELATED FT ARTICLE

UK ministers make Gallic gesture to keep the British in BP

Downing Street has discreetly let it be known in the City that it would oppose any takeover of BP, the British company that was weakened after the Gulf of Mexico oil disaster five years ago this week. BP declined to comment.

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