Energy BP reduces executive team to simplify company structure New chief executive Murray Auchincloss says the energy giant must deliver as a ‘simpler and higher value company’
Results BP’s oil arm picks up as energy giant reports strong Q1Firm’s oil business showed improvement from a weak fourth quarter
Markets BP paid new chief executive more than £8m last yearThe energy firm also clawed back nearly £3 million from former chief executive Bernard Looney
Companies BP doubles-down on plan to switch to renewable energy whilst hiking investor returnsThe British oil and gas giant has ramped up its multibillion-dollar share buyback programme while committing to switching to clean energy
Companies New BP boss in race to beat Shell as oil giant prepares to post 2023 earningsAnalysts expect BP’s underlying replacement cost profit will be $2.77 billion for Q4 as the firm learns if the departure of Bernard Looney hurt business
Energy BP appoints Murray Auchincloss to replace Bernard LooneyThe decision ends a period of uncertainty for the London-based oil major
Companies Dubliner Emma Delaney among names tipped to replace Bernard Looney as head of BPDelaney’s hat is one of three in the ring to replace Looney - who resigned in September for failing to disclose relationships with employees
News BP to pause all tanker traffic in Red Sea over attacks by Houthi militantsOil giant to temporarily halt transits in Red Sea due to ‘deteriorating security situation’
Stock Take Landmark Cop 28 deal has not worried the markets – and that should worry usThe agreement has been hailed as a great step forward – but shares in the world’s biggest oil companies have gone up since the announcement, revealing that fossil-fuel investors see business as usual
The Big Picture Vincent Boland: Bernard Looney got costly lesson from BP in need to be upfront about staff romanceThe former BP chief executive has forfeited £32 million after board found he ‘knowingly misled’ them about past relationships with colleagues
Companies Irishman Bernard Looney forfeits £32m after exiting BP over ‘serious misconduct’ Kerry native has lost out on tens of millions after board found he ‘knowingly misled’ them about past relationships with colleagues
Energy Big Read: Ill wind of inflation is blowing through the offshore energy sector With major projects being scrapped and others becoming unviable, the offshore wind energy sector is at crisis point
Markets Markets Update: Ires leads Irish stocks higher as Eurozone inflation fallsInflation across Europe fell to a two-year low in October
Companies Interim BP chief defends strategy amid flurry of Big Oil dealsMurray Auchincloss says BP’s growth engines will be clean energy and not oil and gas
Energy BP turnover falls short of expectations on ‘weak’ gas tradingOil giant’s earnings were well below last year’s record levels but remain high by historical standards
Energy Wind energy supply chain ‘cannot cope’ with drive for lower prices as inflation ramps up input costs Philip Cole, a senior renewable energy executive, warns developers are starting to walk away from projects due to focus on pricing
Companies BP’s top US executive to leave the companyDavid Lawler's departure comes just weeks after former chief executive Bernard Looney abruptly resigned
Energy BP appoints new interim CFO after Looney departure prompts reshuffle at British oil giantThe oil and gas major has appointed Kate Thomson as interim chief financial officer - the first woman in that role
Profile Bernard Looney: BP boss who fuelled own downfallThe former chief executive’s abrupt departure comes as the oil colossus struggles to weigh fossil fuels against green energy
Energy BP looking to claw back millions in bonuses paid to former boss Bernard LooneyThe 53-year-old Kerryman resigned last week over him not being ‘fully transparent’ in previous disclosures to the BP board about relationships with colleagues