Major BP investors pushing for BAE chief to be next CEO January 7, 2024 Several major investors in BP have reportedly urged the oil and gas giant to approach Charles Woodburn, boss of defence firm BAE Systems, about becoming its next chief executive.
Top business disasters of 2023: City A.M. reflects on the biggest corporate mishaps of the year December 30, 2023 Here at City A.M., we’re taking some time to reflect on some of the biggest c*ck-ups in business in the last 12 months.
Shell vs. BP, which will have the better 2024? December 25, 2023 Both oil majors are facing crucial periods of scrutiny as spotlights return to net zero targets
Will BP and Shell be able to close the gap with US peers Exxon and Chevron in 2024? December 23, 2023 ExxonMobil boasts the second largest oil company market cap in the world
Petrol prices could jump after Red Sea attacks send oil prices surging December 20, 2023 Longer oil transportation times could affect Christmas motorists
BP’s £50m sponsorship deal with British Museum angers climate groups December 19, 2023 The sponsorship has attracted heavy criticism from climate activist groups
UK to help protect ships in Red Sea after attacks by Yemen rebels causes BP to pause tanker journeys December 19, 2023 Britain is set to join an international coalition to protect ships sailing through the Red Sea after tankers came under attack from militants in Yemen. The announcement comes after oil giant BP paused all of its tanker journeys over safety concerns after Iranian-backed Houthi soldiers stepped up attacks on vessels in the Red Sea in [...]
Disgraced BP chief Looney misses out on £32m pay package after ‘serious misconduct’ December 13, 2023 Former BP chief executive Bernard Looney will not receive a £32.4m salary and bonuses package after "serious misconduct".
BP deepens solar stake with Lightsource in £254m outright buy November 30, 2023 BP has bought up full control of solar power developer Lightsource bp in a move demonstrating the former's ambitions outside of fossil fuels.
A tale of two oil giants: BP struggles to keep up with Shell, but net zero scrutiny is coming November 6, 2023 Energy giants unveiled sharp downturns in their usual earnings last week, but BP is struggling compared to its rival Shell.