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We are talking about bp, a company under pressure. The oil giant has Just Announced that it expects 1 billion in restructuring costs as Falling Oil Prices and speculation of a possible merger swirl around this business. Lets join our Bloomberg Intelligence expert, philip. Good morning. Very nice to see you. Bp is a country under a company under pressure. Dudley has had a fairly turbulent few years. What is he going to be telling these guys about his upstream operations . I think the bottom line right now is, they are focusing on the big projects in the gulf of mexico, angola, the caspian, and they will try to sell off the smaller assets and the assets that have reduced production volume. Is that a continuation of what they have been doing . It is a continuation and an intensification. With the pressure they h ....

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