News

BP named a new board chair after activist shareholders pressured the company to move in a new direction.
BP has appointed Irishman Albert Manifold as its new chair, paving the way for Helge Lund to depart after six troubled years ...
BP (NYSE:BP) plans to add two new directors to help it pivot back to oil and gas, Financial Times reported Tuesday, as Chair Helge Lund wants the board to reflect the company’s new strategy ...
The energy giant is revamping its board and implementing a new strategy in an attempt to boost its share price.
BP named Albert Manifold, the former boss of building materials producer CRH, as its new chairman on Monday, as it looks to ...
Albert Manifold is ‘unknown entity’ in energy who will have to prove he is best person to deliver strategy overhaul and ...
BP to Expand Board to Help Deliver Strategy Reset, FT Says, Citing Sources Provided by Dow Jones Mar 4, 2025, 8:01:00 AM--BP plans to hire two more directors to help deliver its reset oil-and ...
BP has announced a major strategic reset, increasing its investment in upstream oil and gas to $10 billion annually while significantly reducing spending on clean energy to $1.5-2 billion a year.
BP (BP) appointed David Hager—a veteran of the U.S. oil and gas industry, as a non-executive director effective June 2, 2025.
“Building on the actions taken in the past 12 months, we now plan to fundamentally reset our strategy and drive further improvements in performance, all in service of growing cash flow and ...
BP slashed planned investment in renewable energy and said Wednesday that it would increase annual oil and gas spending to $10 billion, in a major strategy shift aimed at boosting earnings and ...
BP (NYSE:BP) announced that Chairman Helge Lund intends to step down from his role, likely during 2026. The energy company has initiated a succession process to identify his replacement, led by ...