bp recovers £1.8m from former CEO

bp has reclaimed £1.8m from former Chief Executive Bernard Looney, who left in September amid controversy over undisclosed personal relationships, which the board deemed as “serious misconduct.” In December, bp’s board concluded that former Chief Executive Bernard Looney was involved in “serious misconduct” concerning past relationships with colleagues. The oil company’s annual report, released on […]

bp and BASF partner for carbon capture in Teesside project

bp has selected BASF’s technology for carbon capture in its H2Teesside blue hydrogen project

Shell, Equinor and bp secure key stake in UK’s mega oil and gas licensing round

Twenty four licences have been offered to seventeen companies, including industry leaders

Murray Auchincloss appointed permanent CEO of bp

bp has appointed its former finance chief, Murray Auchincloss, as its Chief Executive Officer, replacing Bernard Looney, who departed unexpectedly last year

Equinor and bp terminate offshore wind power contract with New York

The energy giants have reached an agreement with NYSERDA to terminate the agreement for the Empire Wind 2 project, citing changed economic circumstances in the industry

Motorists brace for Christmas fuel price increase

bp has halted all oil shipments through the Red Sea due to Houthi rebel attacks, citing a “deteriorating security situation”

bp to reclaim £32m from former boss over “serious misconduct”

Former BP CEO Bernard Looney is poised to lose £32 million in pay and benefits as the company takes action following an internal investigation

bp to acquire remaining stake in Lightsource bp

bp has reached an agreement to purchase the remaining 50.03% stake in Lightsource bp, a developer and operator of utility-scale solar and battery storage projects

bp posts profits of $3.3bn amid gas trading setback

The energy giant’s third quarter profits plummeted to $3.3 billion, significantly below market expectations, primarily due to a decline in its gas trading business

Tesla strikes $100m EV charging deal with bp

bp pulse’s partnership with Tesla will introduce EV manufacturer’s ultra-fast charging hardware to the bp pulse network