BP filling station If energy is turning into a game of shrink to survive, BP is ahead of its rivals. The tens of billions of dollars in disposals — including rigs, platforms and pipelines — that followed the disastrous Gulf of Mexico oil spill in 2010 have reshaped the oil and gas giant. Its “value over volume” mantra, pursued relentlessly by chief executive Bob Dudley, has become a byword for the majors’ efforts to curb costs, strengthen balance sheets and position themselves for a tougher, leaner world of lower oil prices . So much so, that even as the company moves to cut costs further in the face of a brutal 40 per cent slide in crude prices since June, a more profound question is being asked of BP. Sure, investors can see the benefits of capital discipline, but where are the discoveries that will power growth and keep […]