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"Given the large and growing portfolio of investment opportunities available to BP globally, we believe it is in the best interest of our shareholders to redeploy the considerable capital required to build this facility into other more attractive projects," Geoff Morrell, the company's vice president for communications, said in a statement.
This would help to define the perspective and commercially attractive projects.
"We are the world's largest offshore operator and have a portfolio of attractive projects in some of the most prolific basins in the world.
During the 2008 financial crisis, 86% of CFOs in a sample of distressed US firms declared an inability to invest in attractive projects due to financial constraints (Campello et al. 2010).
Taking advantage of the long-term horizon, a domestic SWF is in a position to offer a range of instruments to share risk and make potentially attractive projects commercially bankable.
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"We believe that for the right company Horizon remains an attractive project," added Tony Cocker, chief executive of E.ON UK.
"For the right company Horizon remains an attractive project, but sadly, at this time, not for us," Tony Cocker, chief executive of E.On UK, said in a statement.
(Such policies, it's worth noting, would make Keystone an even less attractive project, as they would raise the price of oil-sands crude).
By putting interested investors into direct contact with African governments with attractive project possibilities, we are determined not just to lament the shortcomings of the current system but also to overcome them.
His cover was usually a State Department cover, 'second secretary of agriculture.' " Mr. Bromell already addressed those memories more directly in his autobiographical novel "Little America" in 2001, but he's quick to acknowledge that his personal history was part of what made "Rubicon" an attractive project. 1 2 Next Page ».
The potential benefits of cloning a mammoth make it a very attractive project.
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