BP reportedly pressing pause on offshore wind amid investor discontent
Energy giant BP (LON: BP) is reportedly imposing a hiring freeze and pausing new offshore wind projects amid investor discontent over its low carbon strategy.
Murray Auchincloss
Shareholder advisory firms support BP handling of Looney sacking
Two major shareholder advisor firms have endorsed BP's (LON:BP) handling of the departure of former chief executive officer Bernard Looney.
‘Dejected’ engineers fear for job security as BP looks to India
UK and US engineers are concerned over the long-term implications of BP’s recruitment drive for over 1,000 new staff in India in the coming years.
New BP CEO Murray Auchincloss received £8m in 2023
Newly appointed BP chief executive officer Murray Auchincloss took home just over £8m in pay in 2023, including £6.5m in bonuses.
BP weighs ‘big decisions’ on project sanctions ahead of 2030 target
BP will step back from acquisitions in the coming years as it weighs ‘big decisions’ over new project sanctions, CEO Murray Auchincloss told investors.
More buybacks in works as BP beats estimates
BP will up its buybacks as fourth quarter earnings beat analyst estimates, while profits returned to pre-2022 levels.
What will Murray Auchincloss’ BP look like?
Having secured his place as BP's chief executive, Murray Auchincloss now has a chance to make his mark during a pivotal point in the supermajor's evolution.
BP confirms interim boss Murray Auchincloss as CEO
BP has officially handed the role of chief executive to interim appointee Murray Auchincloss, ending months of searching and speculation.
BP shareholders urge oil giant to target BAE head as new CEO
BAE Systems chief Charles Woodburn is being backed by some investors to replace former CEO Bernard Looney
BP CEO search to drag on into new year
Reuters reported interim CEO Murray Auchincloss had privately indicated he would like to take the top job. Auchincloss was formerly BP CFO.
Auchincloss ‘most logical successor’ as analysts review ‘undervalued’ BP stock
Analysts see interim CEO Murray Auchincloss as the logical candidate to steady the BP ship, while the company’s shares remain undervalued in relation to its peers.
BP selects executive search firm to find Looney CEO replacement
Oil giant reportedly hires Egon Zehnder International to help find next chief executive after Bernard Looney ousting
BP: Resource plans enough for 20 years of production
BP holds around 18 billion barrels of oil equivalent in its resources plan – enough to maintain production for the next two decades, executives confirmed this week.
BP concerned on inflation, state support
BP “now has a chance to take all the grey hydrogen and start to decarbonise those refineries around the world. At the same time, we will oversize and create a traded product.”
BP names Kate Thomson as interim CFO
BP (LON: BP) has named Kate Thomson as its new interim chief financial officer (CFO).
BP’s urgent search for a new CEO: Who’s on the list?
BP board woke up on Wednesday facing an urgent search for a new boss, its fifth in 16 years.
Confirmed: BP CEO Bernard Looney resigns over ‘personal relationships’ with colleagues
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.
‘Good quarter’ for BP as company is buoyed by rising commodity prices
BP’s (LON: BP) chief executive has hailed “another good quarter” for the oil and gas giant, in no small part due to the spike in commodity prices.
Palantir signs up to BP’s new energy ambitions
Palantir Technologies has extended its partnership with BP, as part of the oil company’s drive to reach net zero.
BP using ‘lessons’ from Deepwater Horizon to weather Covid-19 crisis
Energy giant BP has told investors it is using business lessons from the aftermath of the Deepwater Horizon disaster to weather the current Covid-19 crisis.
BP CFO Gilvary to retire after 34 years at firm, successor named
BP's chief financial officer (CFO), Brian Gilvary, is to retire after more than three decades at the firm.