Energy
BP chief executive Bernard Looney resigns over ‘past relationships with colleagues’
Kerry man was appointed in 2020 to transform the oil producer to an integrated energy company
The Irish BP chief executive Bernard Looney has resigned less than four years into the job.
Looney, 53, is to be replaced by Murray Auchincloss, the oil major’s chief financial officer, “on an interim basis,” BP said in a statement on Tuesday.
Looney told the company on Tuesday that “he was not fully transparent in his previous disclosures”, BP said.
“He did not provide details of all relationships and accepts he was obligated to make ...