BP CEO Resigns amid Probe into Relationships with Colleagues

BP CEO Resigns amid Probe into Relationships with Colleagues

BP PLC said Tuesday chief executive officer (CEO) Bernard Looney had tendered his resignation with immediate effect, revealing a company investigation is underway over his personal relationships with colleagues. Chief financial officer Murray Auchincloss takes over on an interim basis, the British energy giant said in a press release. “In May 2022, the Board received and reviewed allegations, with the support of external legal counsel, relating to Mr Looney’s conduct in respect of personal relationships…

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Sustainability: “We Should Take Climate Change Seriously” – BP Manager

Sustainability: “We Should Take Climate Change Seriously” – BP Manager

The world and the oil and gas industry need to start tackling in earnest climate change, Spencer Dale, group chief economist at supermajor BP, told The Washington Post in an interview published on Tuesday. “All the climate arguments are real, urgent and important,” Dale told The Washington Post’s Dino Grandoni. The longer the industry and the world wait until they start addressing carbon emissions, the more “draconian” changes the global economy will see in the…

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Africa Oil & Gas: BP and Kosmos start environmental studies in São Tomé and Príncipe

Africa Oil & Gas: BP and Kosmos start environmental studies in São Tomé and Príncipe

The consortium made up of BP Exploration Operating and US company Kosmos Energy has begun environmental impact studies in the São Tomé and Príncipe sea to explore oil in the archipelago’s exclusive economic zone, the consortium’s representative said on Monday.

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Africa Oil & Gas: Eni acquires half of BP’s Libya oil and gas license

Africa Oil & Gas: Eni acquires half of BP’s Libya oil and gas license

Italian oil major Eni on Monday signed an accord with BP and Libyan officials under which Eni will get a 42.5% interest in an exploration and operation sharing agreement in the North African country, as well as become operator of an area where exploratory activities were suspended four years ago.

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