BP has officially handed the role of chief executive to interim appointee Murray Auchincloss, ending months of searching and speculation.
BAE Systems chief Charles Woodburn is being backed by some investors to replace former CEO Bernard Looney
BP is said to be preferring internal candidates as it searches for its next chief executive, following Bernard Loony’s resignation amid scandal earlier in the year.
An internal memo sent to BP senior staff denies its decision over forfeited share, salary and bonus payments to former CEO Bernard Looney is overly punitive.
Former BP CEO Bernard Looney will forfeit up to £32.4 million in earnings, the company has said, after he resigned in scandal earlier this year.
Reuters reported interim CEO Murray Auchincloss had privately indicated he would like to take the top job. Auchincloss was formerly BP CFO.
Oil giant reportedly hires Egon Zehnder International to help find next chief executive after Bernard Looney ousting
A group representing BP pensioners has called for an investigation into whether former chief executive Bernard Looney breached the company’s “conduct and values” when dealing with the fund.
Allegations that prompted the resignation of former BP boss Bernard Looney include the suggestion that he promoted women with whom he had past relationships, according to the Financial Times.
It has been over a week since BP (LON:BP) saw its chief executive Bernard Looney step down and the firm is now on the hunt for his replacement.
Former BP (LON: BP) CEO John Browne expects the British supermajor to move on from its governance scandal “quite quickly” and stick with its current strategy.
After several days of chaos, BP Plc (LON: BP) ended last week without a permanent leader and with significant doubts over its strategy.
BP Plc is looking both internally and externally for a new chief executive officer to replace Bernard Looney, who left his post abruptly after failing to fully disclose relationships with colleagues.
BP board woke up on Wednesday facing an urgent search for a new boss, its fifth in 16 years.
“Once a CEO lies to the board, there is a loss of confidence,"
BP (LON: BP) has confirmed its CEO Bernard Looney has resigned after an investigation into his “conduct in respect of personal relationships with company colleagues” and misleading the board.
Following an ‘OilyFans’ billboard sting in July, Don’t Panic is pitching a multi-thousand-pound online hit campaign, complete with a stunt film and deepfakes of oil bosses.
“There's a lot of synergies across the countries that are involved there ... There's huge demand for gas, both in the region and in Europe.
BP (LON: BP) is considering building two offshore wind farms in the Irish Sea without any support from the government — marking a first for the sector where development has been hindered by rising costs.
Pensioners complained that BP’s decision to reject a request for an inflation-linked increase in payments is “not acceptable” in the face of healthy profits and rising payouts to shareholders.
It means that start-up at Seagull is slightly delayed - previously issued guidance from Neptune Energy had the field coming online in the first half of the year.
Energy giant BP (LON: BP) has unveiled its second quarter results, reporting net profits of $2.58bn and providing an outline of its UK windfall tax payments.
Members of a BP pension scheme have criticised the supermajor over its decision to block requests for a bump in payments to match soaring inflation, amid fears the fund could be sold off.
BP (LON: BP) has reported first quarter 2023 profits of $5bn, as more cash is pushed towards shareholder returns.
Campaigners are calling for a windfall tax on the pay of chief executive after two oil bosses pocketed almost £20 million in 2022.