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 […]

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

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 chief steps down ‘with immediate effect’

The British energy giant has cited allegations related to Bernard Looney’s behaviour in “personal relationships with company colleagues” as the reason for his departure

bp boss rejects renewables investment “for the sake of it”

The Chief Executive Officer of bp has emphasised the need for profitability in green energy projects, stating that investments in both fossil fuels and renewables are necessary for global energy security

bp beats profit forecasts in first quarter

The energy giant has reported profits of $5 billion for the first quarter

King meets energy industry leaders

The private meeting this week is expected to boost the King’s knowledge on clean energy ahead of a state visit

bp boss at IEWeek: “Price volatility could undermine support for energy transition”

Bernard Looney, Chief Executive of bp has hailed a “massive opportunity” coming from net zero

bp reduces climate targets after record profits

Following £23bn in profits, it has reduced the carbon emissions targets set for 2030 to invest in more oil and gas

bp Chief enters COP27 as Mauritanian delegate

There has been a 25% increase in delegates linked to fossil fuels at the summit than at COP26