21-11-2016 16:36 via uk.news.yahoo.com

Exclusive - BP ring-fences CEO Dudley from Iran decision-making

By Ron Bousso LONDON (Reuters) - BP has created a new executive committee to explore business in Iran which will exclude its American chief executive Bob Dudley in a bid to avoid potential violations of U.S. sanctions still in place. The new committee is headed by BP's chief financial officer Brian Gilvary, who is a British national. Gilvary will coordinate the oil major's operations in Iran and any discussions with the country's national oil company, according to industry sources.
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