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BERNARD LOONEY RESIGNATION
BP appoints Woodside's Meg O'Neill as CEO after Auchincloss' abrupt exitOil giant BP has appointed Meg O'Neill as its new CEO. She will be the first woman to lead a top global oil major. O'Neill, currently headi...- BP cuts over 5% of workforce in CEO cost cut driveBP will reduce its workforce by around 4,700 staff and cut 3,000 contractor positions as part of CEO Murray Auchincloss' cost-cutting plan....
- BP short-lists three internal candidates for CEO, sources sayHowle has over 20 years of experience at BP and has held several senior roles in one of the world's largest energy trading divisions, becom...
- BP pulls back $40 million in pay from former CEO Bernard LooneyThe company dismissed him without notice effective Dec. 13 and said on Wednesday Looney will not receive further salary or benefits from th...
- Rate hike concerns weigh on European shares ahead of US inflation testMeanwhile, the European Central Bank (ECB) expects inflation in the euro zone to remain above 3% next year, a source said, adding to worrie...
- BP chief Bernard Looney resigns over past relationships with colleaguesThe CEO of BP, Bernard Looney, has resigned after admitting that he was not fully transparent about his past relationships with colleagues....
- BP exiting stake in Russian oil and gas company RosneftBP has held a 19.75% stake in Rosneft since 2013. That stake is currently valued at $14 billion.
- BP exiting stake in Russian oil and gas company RosneftThe British company also said its CEO, Bernard Looney, and former BP executive Bob Dudley will immediately resign from Rosneft's board. ``L...
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