>> there's very, very slow growth. it's deliberately very slow growth because they don't want to get caught in sort of the position where they're saying, look, you're starting to cut corners again. they have to be the ultimate in terms of caution, i think, going forward. >> reporter: for long-term growth, bp is refocusing in certain areas. deepwater deals were struck off china, australia and brazil. onshore deals in indonesia and india. and in early january of this year, an announcement that bp would swap equity with russia's largest state-controlled energy firm to explore the deep waters of the russian arctic, the first private oil company to shop shares with a state-controlled oil company. but if dudley hoped this would help bp move on from the gulf disaster, it hasn't. bp is now mired in a legal battle with its russian partners
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