BP boss more than doubles pay packet to £4.5m
BP (LON:BP) chief executive Bernard Looney has secured a £4.5 million payday in the wake of the supermajor’s bumper 2021 profits.
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Santos boss Gallagher given $4.5m bonus to pull out of Woodside race
Santos chief executive Kevin Gallagher, reportedly one of the top candidates to replace Peter Coleman as Woodside chief executive later this year, has been offered a one-off, A$6 million ($4.5 million) “growth projects incentive” to see through the delivery of major developments at the Australian company until 2025.
Whiting bosses got $14.6 million bonuses before bankruptcy
Whiting Petroleum Corp.’s board approved $14.6 million in cash bonuses for top executives days before the shale oil producer filed for bankruptcy.
BP under pressure over bosses’ bonuses
Oil giant BP is facing growing pressure from shareholders over its decision to award top bosses their maximum bonuses for 2015.
Statoil employees receive bonuses
Statoil employees been awarded bonuses of more than NOK50,000 on their average pay.
Expro set to review the bonus provision of 200 workers
An oil firm has announced it is reviewing the bonus provision of 200 offshore workers. Expro is carrying out the review as a result of the ongoing oil price downturn. An Expro spokeswoman said: “The company has communicated with employees to explain the reason for this difficult decision, which is in direct response to the current tough operating environment.