Income hit almost 3 million. 3 billion. Here is a key piece to that, u. S. Shale. Bp made a bet in july 2018 buying assets for 10 and a half billion dollars. The increase their foothold in the permian and elsewhere, that came with 4. 66 billion barrels of resources. All at low cost. Bp now wants to spend 2. 5 million in u. S. Shale and increased rig count to 1525 in 25 in count from 15 to the next two years. How do you develop that at 60 oil when shareholders only want capital discipline . Joining me is the chairman and president of bp america. So great to talk to you today, thank you for joining us. Your first tv interview. It is great to be here. Alix north america and bp, how critical is north america to bp . Susan huge. In terms of the 70 countries we do business in, our footprint is biggest here. We do everything here that we do globally. 40 of our stock is held here. It is a material part of our business. Alix and it will be a huge part of your shell business with the integration
U. S. Shale. Bp made a bet in july 2018 buying assets for 10 and a half billion dollars. The increase their foothold in the permian and elsewhere, that came with 4. 66 billion barrels of resources. All at low cost. Bp now wants to spend 2. 5 million in u. S. Shale and increased rig count from 15 to 25 in the next two years. How do you develop that at 60 oil when shareholders only want capital discipline . Joining me is the chairman and president of bp america. So great to talk to you today, thank you for joining us. Your first tv interview. It is great to be here. Alix north america and bp, how critical is north america to bp . Susan huge. In terms of the 70 countries we do business in, our footprint is biggest here. We do everything here that we do globally. 40 of our stock is held here. It is a material part of our business. Alix and it will be a huge part of your shell business with the integration of bhp assets. From your perspective, how is the integration going . What do you get
Companies that break the mold. And the future of technology, design, and industry. So far in our quest to find Innovative Companies and people i have gotten to go to chicago and new hampshire. Went into mexico. What were you doing . I was snorkeling around an aqua pod. First of all, what is an aqua pod . I thought fish farms had a bad rep. Some of them do. A lot of them are close to shore. What aqua pods are doing, they are moving it into the open ocean and producing fish in a more sustainable way. The oceans are in trouble. We have to think about improving the conditions of the fish. Growing farms by in the open ocean. The technology is leading the advancement of the technology to make open ocean fish farming sustainable and profitable. I think this is going to open up new territories. This is going to revolutionize agriculture. Went over, we are ready. We are about to see one of our cages being raised. All right, here comes the fish farming system of the future. It looks like it is f
Is the same air as china. The pipelines impact on our climate will be absolutely critical. Its still about oil. Well lead the efforts against Climate Change. Good to have you with us tonight folks, thanks for watching. We start with huge news on Climate Change, United States and china have reached a historic agreement to cut Green House Gas emissions, under the deal the United States will curb its Green House Gas emissions from 2628 by the year 2025 and china plans to peak its Carbon Emissions by the year 2030, and will aim to get 0 of energy from zero carbon sources by the end of the same year. President obama addressed the history making deal on tuesday in china. Today i am proud that we can announce a historic agreement. I commend president , his team and the Chinese Government for the commitment they are making to slow, peak and then reverse the course of chinas Carbon Emissions. This is a major milestone in the u. S. And china emissions and it shows what is possible when we Work T
years. and i have researched the capturing of carbon emissions. and i researched the scrubber technology put in to the tune of millions. where does this take us? where is the job killer? why couldn t they move forward to make more adjustments when it comes to emissions? i want to give you a chance to respond because i m curious about where the problem is here. good to have you with us. well thanks. it s great to be here. first, there s very little chance this will actually be implemented. it goes so far beyond anything that epa has ever tried to do under the clean air act. i think the chance that it stands up in court are pretty small. that said, i mean, i do agree with you. the history of hj has shown that we can develop new technology to make sure we have affordable,