Surprise exit of BP CEO leaves questions over green strategy
“Once a CEO lies to the board, there is a loss of confidence,"
Bob Dudley
Former-BP CEO joins board of energy medical services provider RMI
A provider of medics to offshore platforms and rigs has beefed up its ranks with the appointment of a former BP (LON: BP) chief executive.
Neptune joins OGCI-backed drive to cut methane emissions
Neptune Energy has joined the Aiming for Zero Methane Emissions Initiative, a project to cut emissions of the climate-warming gas to “near zero” by 2030.
Lord Provost talks up Aberdeen’s energy transition credentials at Russian Energy Week
Aberdeen’s Lord Provost showcased the city’s efforts to be at the front of the energy transition on the global stage earlier this week.
BP CEO Looney takes £1.7m pay package in 2020
BP CEO Bernard Looney was awarded a total pay package of £1.7million in 2020.
Former BP CEO Dudley: ‘We need investors to have a little patience with oil and gas’
Former BP CEO Bob Dudley has said investors “need to have a little patience with the oil and gas industry” as it adjusts for the energy transition.
BP results wrap: Profits sink but dividend raised as Dudley bows out
Lower oil and gas prices chopped BP’s profits in half during the final year of Bob Dudley’s tenure as chief executive, the firm revealed yesterday.
New BP boss reassures investors of commitment to ‘principles’
BP’s incoming chief executive vowed to stick to the “principles” embedded in the company by Bob Dudley.
Updated: BP’s Bob Dudley bows out with dividend increase, shares jump
BP chief executive Bob Dudley treated shareholders to a dividend rise in his last day on the job.
BP energy transition boss teases ‘more to follow’ on eve of Bernard Looney’s coronation
A BP boss in charge of energy transition efforts has teased “more to follow” on the eve of Bernard Looney’s coronation as chief executive.
Weak oil prices likely to hit BP in Bob Dudley’s final results
BP will hope to better rival Shell as the company prepares to put forward its final quarter and full-year results next week.
Outgoing BP CEO warns of moving too fast on climate change
BP Plc’s outgoing Chief Executive Officer Bob Dudley warned Big Oil of moving too fast on investing in new technologies to counter climate change, because their failure could lead to financial ruin.
Weak natural gas, LNG prices to put dent in Shell and BP full-year figures, analyst says
Weak natural gas and LNG prices will put a dent in the full year earnings of Shell and BP when the supermajors report their results in the next two weeks, an analyst has said.
BP’s Bernard Looney joins ‘Insta’
It’s apparently not the traditional approach for the top dogs of major oil companies, but maybe it’s time to break the mould.
National Galleries of Scotland cuts ties with BP
The National Galleries of Scotland has severed Portrait Award funding ties with BP over the "climate emergency".
BP’s outgoing boss to be dealt a blow by low oil price
BP will likely want to focus eyes on its production and away from profitability as chief executive Bob Dudley presents his final third quarter results on Tuesday.
Governments must tax non-renewable energy, BP chief says
BP's chief executive has said governments need to target consumers' pockets before the energy industry will prioritise sustainable sources over non-renewables.
BP facing charge of up to £2.3bn in third quarter as divestments speed up
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 Dudley comes out swinging for gas
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.
Greenpeace activists target Shell and BP at ‘Oil and Money’ conference
Climate activists halted an awards ceremony involving the chief executives of oil majors BP and Shell at a major industry conference last night.
Updated: BP upstream chief picked for top job at oil giant
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 chief executive Bob Dudley to step down next year
BP boss Bob Dudley is planning to step down next year following a decade at the helm of the energy giant.
BP’s Dudley drawing up plans to step down within 12 months, Sky says
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 could sell some oil projects to meet climate targets
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, Eni sign exploration pact in Oman
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.