Bernard Looney News

16.01 / 11:53

markets COST Reuters CEO Strategy PAM BP cuts over 5% of workforce in CEO cost cut drive

BP announced on Thursday that it will cut around 4,700 staff, or over 5% of its total workforce, as part of CEO Murray Auchincloss' efforts to reduce costs.

29.01 / 10:08

Provident Strategy Browser Research Danone recommendations Podcasts BP faces activist investor pressure to ditch clean energy pledges

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14.12 / 14:25

Career CEO Assurant 2020 Relationships BP denies ex-CEO Looney a $41 million payout, saying he misled the firm over work relationships

BP says its former chief executive has been denied a payout of 32.4 million pounds, or $41 million, after he was found to have misled the company over his past relationships with colleagues

26.09 / 08:51

Fox Career CEO Discover CBOE pandemic Experts Relationships exits Expect more CEO exits over undisclosed personal relationships with colleagues, expert says

Check out whats clicking on FoxBusiness.com

16.09 / 19:17

Booking CEO Actor British actor Russell Brand accused of rape and sexual assault

BBC quoted Russell Brand as saying in the video. "These allegations pertain to the time when I was working in the mainstream, when I was in the newspapers all the time when I was in the movies, and as I've written about extensively in my books I was very, very promiscuous.

16.09 / 18:47

Career CEO Mobile Chevron Occidental Shell BP CEO search is big oil's best chance to fix its gender problem

Exxon Mobil, Chevron, Shell, and BP have successfully adapted to countless societal changes over the last century — war, nationalisations, even the climate movement. But a major hurdle remains: Big oil has yet to appoint its first-ever female chief executive — something BP could soon change. This week, the 114-year old British oil company parted ways with its CEO Bernard Looney after multiple investigations found he failed to disclose several workplace relationships.

14.09 / 12:57

COST UPS CEO Airlines Moderna American Airlines Pharmaceuticals fall Rocket Pharmaceuticals, Moderna rise; American Airlines, Spirit Airlines fall, Wednesday, 9/13/2023

Stocks that traded heavily or had substantial price changes on Wednesday: Rocket Pharmaceuticals, Moderna rise; American Airlines, Spirit Airlines fall

14.09 / 11:37

UPS Provident CEO Strategy Shell Former US vice president slams banks for oil profits

Al Gore, the former U.S. vice president turned climate crusader, says Big Oil and the banks backing it still have huge financial incentives to stick with fossil fuels, even though their decision to do so is the leading cause of the climate crisis.

14.09 / 10:35

Williams CEO Relationships BP boss Bernard Looney resigns over past relationships with colleagues; CFO Murray Auchincloss takes interim charge

Covid pandemic and Russia’s invasion of Ukraine, both of which caused disruption in energy markets. There have been speculations as who will be new boss.

13.09 / 16:17

UPS Waters Career CEO Shell BP leader is the latest to resign over questions about personal conduct

Global energy giant BP is scurrying to find a new chief executive after CEO Bernard Looney became the latest corporate leader to step down amid questions about his personal conduct

13.09 / 14:53

UPS Lowe's CEO Assurant Relationships BP CEO Looney resigns over personal relationships with colleagues

By Ron Bousso and Shadia Nasralla

13.09 / 13:07

COST Ford Airlines Apple Moderna Pfizer Stocks making the biggest moves premarket: Moderna, American, Spirit Air, Ford and more

Check out the companies making headlines before the bell.

13.09 / 11:53

Ford Manufacturing Software Tesla Moderna fall Ford, BP, Tesla, Moderna rise premarket; Spirit Airlines, Nio fall

Investing.com — U.S. futures traded marginally lower Wednesday, as investors cautiously awaited the release of consumer inflation data which could provide clues as to future Federal Reserve monetary policy.

13.09 / 01:39

Career CEO Relationships BP chief Bernard Looney resigns over past relationships with colleagues

BP has resigned after he accepted that he was not «fully transparent» in his disclosures about past relationships with colleagues, the company said Tuesday.Bernard Looney, 53, took on the role in February 2020. He is stepping down with immediate effect and will be replaced by Chief Financial Officer Murray Auchincloss on an interim basis, BP said. A statement from the firm said its board reviewed allegations relating to Looney's conduct «in respect of personal relationships with company colleagues» in May last year.

26.08 / 14:13

UPS BLOCK CEO SAP Enterprise NOT ESG not about wokeness but a business imperative: Punit Renjen

Punit Renjen, deputy chairperson-supervisory board, SAP SE. Speaking at a B20 panel on Saturday, Renjen said businesses need to address the climate question as that is what their employees increasingly want; this is what underpinned Deloitte’s work on ESG while he was heading it. “If I want to hire the very best individuals and I want to retain them, I must have a critical response to that question,” he said. Speaking at the same event, Bernard Looney, CEO of BP, said ESG serves both moral and business good.

26.08 / 12:33

UPS Aviat CEO Renewables World must invest in both fossil fuels and renewables to ensure orderly transition: BP CEO

energy system as well as in renewable energy sources to ensure an orderly transition, BP CEO Bernard Looney has said. “We must make sure that the energy transition is both rapid and orderly,” he told the B20 summit. “It needs to be rapid because every year since Paris (climate agreement), the emissions have risen in the world with the exception of the pandemic,” Looney said, adding that if the transition is not orderly, it would “impact the pace of the transition”. Looney cited last year’s natural gas market shock when prices rose 7-fold, forcing people to spend a higher share of their disposable income on energy.

26.08 / 04:59

CEO Action MasterCard HSBC BABA B20 B20 Summit 2023 Day 2: Union Minister Dharmendra Pradhan to join today; Know full schedule, agenda, link to watch LIVE

Narendra Modi. Afterwards, the B20 presidency will be handed over to Brazil on Sunday. Before the second day of the B20 summit begins at 10:00 am on Saturday, know about the full schedule of the day and the eminent panellists joining different sessions on Saturday.

01.08 / 23:04

COST ExxonMobil Shell performer fall BP profits are cut in half to $2.6 billion as oil and natural gas prices fall

Energy giant BP says it earned nearly $2.6 billion in the second quarter

01.08 / 07:13

UPS Provident performer country rock BP profit slumps on falling energy prices

Russia's invasion of Ukraine. Profit after tax plunged to $1.8 billion in the three months to the end of June compared with $9.3 billion in the second quarter last year, BP said in a statement, mirroring hefty falls across the sector.

28.02 / 21:05

BLOCK Tesla Gilead Stocks making the biggest moves midday: Raytheon, Block, Tesla, Foot Locker and more

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