Filed under: Good news , Management , BP p.l.c. ADS (BP) , Options , Technical Analysis Oil major BP ( BP ) could restore its dividend as soon as the first quarter of 2011, according to new CEO Bob Dudley. Speaking on BBC television today, Dudley explained, “The board will get together and talk before the end of the year about restoring a dividend in some form in the first quarter.” The new chief executive went on to clarify, “It’s obviously for the board to decide,” but added, “I believe we will get there.” Dudley also said that he’s comfortable with the amount of funds set aside to cover BP’s liabilities stemming from the catastrophic Gulf of Mexico spill.

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