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...BP and Looney declined to comment....
...Leigh-Ann Russell, head of the technology function, is leaving for an external opportunity, BP said....
...ExxonMobil’s chief executive collected a pay packet last year worth almost four times that of bosses at rivals BP and Shell, underlining the vast disparity between European and US remuneration in the booming...
...It added that BP and Adnoc had confirmed they were still interested in the purchase....
...Russell started at BP in 2006 and held various roles in BP’s upstream business before joining the leadership team in February 2022....
...For today, I have a report about BP and the Asian Renewable Energy Hub. BP’s growing role in the project marks a notable acceleration of the oil major’s renewable energy ambitions....
...Exxon boasts a market value of about $480bn versus $300bn for Chevron, $230bn for Shell and $110bn for BP....
...BP announced further share buybacks as it reported underlying profits for 2023 of $13.8bn....
...Sir John Sawers, the former head of MI6, will also step down from the BP board in April, after nine years of service....
...BP did not immediately respond to a request for comment, while Loudon could not be reached for comment....
...BP will hold 51 per cent in the JV and Adnoc the rest....
...BP has never hired a chief executive from outside the company in its 113-year history. Read more here....
...BP has never hired a chief executive from outside the company in its 113-year history. Read more here...
...Auchincloss, a Canadian national, joined BP from Amoco in 1998, when the UK-listed company merged with the US business....
...It is striking that Bluebell Capital Partners reaches for the word “irrational” to describe BP’s net zero commitments (Report, January 30)....
...“The message we’re telling [BP] is: keep your flexibility to adjust to what will happen in the actual world.” BP chair Helge Lund must feel that he is caught between a rock and a hard place....
...BP and Adnoc declined to comment beyond NewMed’s statement....
...BP is set to book a $700mn windfall due to tax changes aimed at boosting corporate pension fund investment in the economy....
...In the case of BP, it hasn’t....
...BP has become a “Marmite” stock, in terms of dividing opinion sharply....
...Some of BP’s investments in offshore wind — in particular the US — have looked misguided. However, BP’s strategy has since evolved....
...The Australian refinery is one of five biofuel projects that BP has planned globally, the company said. But, make no mistake, oil is still king at BP....
...BP will also “pragmatically adapt” to changes in energy demand across the world “much like we did in February 2023”, he said....
...“This irrational strategy has, quite understandably, depressed the value of BP’s share price,” it said....
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