The group's recent moves into three BRIC markets (Russia, India and China), were more a "Look East" policy than "Look away from West".
Moving deeper into these markets is about following fresh trends in energy consumption. Dudley believes, not very far from now, nearly two thirds of the global energy production would be consumed by emerging economies like India and China.
He is simply placing BP in a vantage position for such an eventuality. "BP, being a global energy company, needs to be part of this growing opportunity," Dudley said at the press conference.
His previous roles included those of the group vice-president responsible for BP's upstream businesses in Angola, Egypt, Russia, the Caspian Region and Algeria; and group vice-president for BP's renewable and alternative energy activities, including solar and wind.
From 1994 through 1997, before the merger with BP, he was responsible for corporate development of Amoco's upstream and downstream businesses in Russia.
He also worked on the restructuring of oil & gas R&D activities in the US, and, between 1987 and 1993, he was involved in the negotiation and development of projects in the South China Sea, according to his official resume.
He was appointed to the BP executive management team and BP board of directors in April 2009.

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