BP lost some fuel oil staff, not as many as reported-exec

KUALA LUMPUR, June 7 | Mon Jun 7, 2010 6:53am EDT

KUALA LUMPUR, June 7 (Reuters) - BP Plc (BP.L) lost some staff from its fuel oil trading desk but it was not as many as reported, a senior executive said on Monday.

Reuters reported that 14 staff have quit worldwide over the past month from BP's global fuel oil trading desk, including the global head and team leaders in Asia, the United States and Europe. [ID:nSGE64U0E3] [ID:nSGE6510FU]

"There are people leaving, but not as many as reported," said Clive Christison, Director and CEO, Supply & Trading, Integrated Supply & Trading, Global Oil, Eastern Hemisphere of BP.

When asked if the departures affected BP's fuel oil trading activities globally, he said: "No."

Christison earlier said at the Asia Oil and Gas Conference that BP continued to trade fuel oil in the Platts window.

"We have a very strong fuel oil team," he said. (Reporting by Seng Li Peng and Jennifer Tan, Writing by Ramthan Hussain)

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