BP Plc can keep spending at a reduced rate of about $17 billion for another three years without affecting growth, Chief Executive Officer Bob Dudley said. The explorer has enough projects at hand to be able to continue producing fuel, he said in a Bloomberg TV interview in St. Petersburg, Russia. “Being a low-cost producer is the name of the game,” Dudley said. “We’re getting very disciplined about capital.” Bob Dudley in St. Petersburg. While oil’s slump has forced companies to slash spending and defer new projects to protect their balance sheets, they still must ensure enough investment for future growth. The industry will cut more than $1 trillion […]