Hints and tips:
...“Murray is well known and respected within the market and most importantly was one of the key architects of BP’s current strategy,” said Oswald Clint, an analyst at Bernstein....
...After missing market expectations in October, a strong financial performance was needed to steady the ship, said Bernstein’s Clint....
...“The bottom line is that the world has clearly changed since Bernard took over as CEO.”...
...Then in September that boss, Bernard Looney, resigned after failing to disclose to the board past romantic relationships with BP colleagues. The scandal thrust Auchincloss into the spotlight....
...Still, while it was hard to make “supertankers” such as Shell change direction, Clint said Sawan could bring new energy to the strategy....
...“BP ex-Russia is a lower risk investment and the rest of the businesses are performing well,” said Bernstein analyst Oswald Clint....
...“It’s certainly not luck, because if we rely on luck to run the business that means we can have bad luck as well,” BP chief executive Bernard Looney told the Financial Times....
...Oswald Clint, an analyst at Bernstein, said there was a “spring in the step of this new organisation”....
...Divestment “wasn’t seemingly on the cards”, says Clint....
...“Shell is buying 25 per cent of the daily traded volume [of its shares] every day,” says Oswald Clint, an analyst at Bernstein. “That’s huge”....
...Soaring global commodity prices have made BP a “cash machine”, chief executive Bernard Looney said, as the company bolstered its share buyback programme thanks to a sharp rise in quarterly profits....
...“[LNG trading] appears to be a feature of this surprise announcement together with strong operations,” said Oswald Clint at Bernstein....
...Chief executive Bernard Looney and top managers made a series of presentations to shareholders last week to convince them the UK oil and gas major’s pivot — part of a broader goal to be a net zero emissions...
...When Bernard Looney makes his long-awaited pitch to investors on the future of BP this week, the chief executive is expected to hammer home one message: that BP will be a stronger company when it produces...
...How the BHP deal stacks up Bernard Looney, BP’s head of exploration and production, said that the Lower 48 business was now a “heartland” for the company....
...Bernard Cazeneuve, the French prime minister, expressed “solidarity” with the UK....
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