BP is facing a charge of between $2bn and $3bn (£2.3bn) in the third quarter as its divestment programme will conclude sooner than expected.
BP’s outgoing CEO Bob Dudley gave a defence of natural gas as one part of the world’s future energy mix, at a conference in London.
Climate activists halted an awards ceremony involving the chief executives of oil majors BP and Shell at a major industry conference last night.
BP has picked one of its former North Sea bosses to take over the energy giant’s reins when long-standing chief executive Bob Dudley steps down early next year.
BP boss Bob Dudley is planning to step down next year following a decade at the helm of the energy giant.
BP chief executive Bob Dudley, who took the helm after the 2010 Deepwater Horizon oil spill crisis and has led the energy giant for almost a decade, is preparing to leave the company within a year, according to a Sky News report.
BP’s CEO plans to sell some oil projects and curb the development of others to align its business with the Paris accord, the latest sign climate concerns are starting to impact the investment decisions of the world’s largest fossil fuel producers.
BP and Italian oil firm Eni today signed an exploration and production sharing agreement (EPSA) for Block 77 in central Oman with the Sultanate's Oil Ministry.
Pope Francis, cigarettes, elephants and caribou all figured in the arguments as investors ramped up environmental pressure on energy giant BP at its first annual general meeting (AGM) in Aberdeen yesterday.
Energy giant BP boosted its pre-tax earnings in the first three months of 2019, which it said showed "resilience" in a "volatile period”.
In the cutthroat game of global capitalism, there can be only one winner. Unless you’re an oil company.
BP chief executive Bob Dudley pocketed £11.2million in 2018, amid an “exceptional year” for the energy giant.
The world is moving in the wrong direction in its fight against climate change, and BP Chief Executive Bob Dudley said that energy companies must step up and play their part to dramatically reduce greenhouse gas emissions.
BP boss Bob Dudley launched a wide-ranging attack on the divestment movement that’s calling on institutional investors to sell down their oil stocks, rejecting warnings from the likes of the Bank of England that hydrocarbons present a risk to the financial system.
BP chief executive Bob Dudley said the UK energy major was “firing on all cylinders” at its annual general meeting in Manchester yesterday.
Shell and BP may have to face down shareholder opposition to their chief executives’ pay packets at their annual general meetings next week.
BP chief executive Bob Dudley was poisoned by Russian security services and forced to flee the country, according to a news report.
BP boss Bob Dudley’s pay package soared by more than £1million last year to £9.5million
Bob Dudley, in his 38 years in the oil industry, has never seen anything like what happened with BP Plc’s old fields last year: They gushed more crude.
BP’s chief executive talked up the North Sea and so-called enhanced oil recovery (EOR) methods at a major conference in Abu Dhabi yesterday.
Oil major BP’s chief executive said today that “culture trumps strategy every time” in the quest to build a strong business.
Crude may still be languishing near $50, but Big Oil is on track to rejoin the world’s corporate elite by squeezing more cash from each barrel.
BP's chief executive is looking to streamline its North Sea costs to $12 a barrel.
How do you lead a multibillion-dollar, global oil firm through the most enduring and debilitating downturn to date?
North Sea consolidation has yet to run its course, according to BP’s chief executive.