BP CEO Bernard Looney will resign, report says

02:07pm, Tuesday, 12'th Sep 2023
The Financial Times reported the move Tuesday, citing two people with knowledge of the decision.

BP CEO to resign: report

01:57pm, Tuesday, 12'th Sep 2023
BP Plc's BP, +2.08% chief executive Bernard Looney is about to resign less than four years into the job, according to a Financial Times news story on Tuesday that cited two people familiar with the de
BP's upcoming capital markets day (October 10)  is likely to focus on upstream and low-carbon businesses rather than financials, according to Barclays. Highlighting how the mood has changed since the
BP plans to invest $55-$65 billion in its new transition businesses, including EV charging, biofuels, hydrogen, wind and solar energy, by 2023-2030.
A tighter crude oil market is predicted by industry tracking groups into next summer, creating the potential for sharply higher prices. BP Prudhoe Bay Royalty Trust holds serious investment leverage t
BP Pulse, The EV Network and NEC Group collaborate to launch the U.K.'s largest public EV charging hub at NEC campus, Birmingham.
BP enters into its third long-term LNG offtake contract with Woodfibre's British Columbia facility in a strategic move that underscores its commitment to energy transition.
Has Venture Global LNG sold cargoes on the spot market rather than deliver them to Shell, Edison, and BP as required by offtake contracts.
Pacific Energy and Enbridge -owned Woodfibre said on Tuesday it would supply 100% of the LNG from its proposed plant in British Columbia to BP Plc after it signed another agreement with a unit of the
The oil price jumped after Saudi Arabia extended its 1-million-barrels-per-day voluntary oil production cut until the end of the year, according to the state-owned Saudi Press Agency. Riyadh first ap
BP CEO Bernard Looney says he will not further scale back his energy transition strategy after ceding some ground earlier this year, despite investors penalizing the group over its plan to break away
BP and its natural gas partners also plan to invest $3.5 billion over three years to explore and develop natural gas resources in Egypt.
Equinor of Norway and its partner BP have asked the New York State Energy Research and Development Authority (NYSERDA) for permission to raise the price of power produced at three planned offshore US
Norway's Equinor and its partner BP are seeking a 54% increase for the price of power produced at three planned offshore U.S. wind farms, according to a filing made by a New York state regulatory auth
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