Both US and Britain have agreed to make the oil giant BP more strong and stable as the company is dealing with intense pressure over the oil spill at Gulf of Mexico. The Prime Minister of UK Davis Cameron and the US President Barack Obama have discussed about the problems of BP at the G20 summit in Canada and have decided to work together to reform the company.
They have agreed that the oil giant must fulfill its clean up obligations but both of the countries know that the company is still a viable for both countries. BP is expecting that such discussions will end the political pressure on the company. The officials of the US administration have criticized strongly the BP chief executive Tony Hayward for his casual attitude towards the major issue.
The BP investors are also in tension as US pressure is getting more day by day. The company is already worried about the increasing costs for the clean up operations. Now the company and the investors are expecting a positive outcome from the talks. Both the leaders have agreed that both the counties will get the benefit if the oil company remains sustainable in such circumstance.
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