BP CEO Says Company Needs to Strengthen Balance Sheet

BP Chief Executive Officer Meg O'Neill discusses the company's second-quarter results and says she is "really pleased with the strength of the underlying business." Speaking on Bloomberg Television, she adds the UK energy giant has more work to do on the portfolio. "We need to sharpen our capital discipline and make sure every dollar that we're spending is making an impact on the bottom line," O'Neill says. (Source: Bloomberg)