BP set a bonus target that didn’t even require earnings to grow. The CEO still didn’t earn it.
BP’s under-fire chief executive was awarded no bonus from the company’s financial performance last year as his overall pay ...
BP's emissions rose in 2024, annual report says
BP's emissions under its operational control and the use of its products rose to 33.6 million metric tons and 322 million ...
BP Stock Drills Lower as it Reshuffles Board to Keep Activist Elliott Happy
Shares in oil giant BP (BP) slipped lower today as it looks to continue its shift back towards fossil fuels by hiring two new ...
BP’s Crisis Marks the Tombstone for Big Oil’s Green Pivot
Even the oil giants that attempted to switch away from fossil fuels are going back to oil and gas. The chief executive of BP ...
Upstream Online6h
BP cuts Auchincloss’ salary by 30% on heels of reset strategy
BP revealed on Thursday in its annual report that it cut Auchincloss’ paycheck by 30% in 2024 to £5.4 million ($6.9 million) ...
Rolls-Royce and BP bosses to scoop millions in 2025 after seeing their pay slashed last year
Rolls-Royce chief exec Tufan Erginbligic (pictured) took a near-£10m pay cut despite leading the engine maker through a ...
The Associated Press - Business News on MSN8d
BP to slash spending on net zero ventures as it focuses on oil and gas again
British energy company BP has confirmed it is to slash spending on green ventures and up its oil and gas production.
Upstream Online1d
BP cancels 'one of the biggest' green hydrogen projects in UK
BP has cancelled plans for HyGreen, which it had previously envisaged as “one of the biggest green hydrogen production ...
How Big Is BP’s Stranded Assets Problem?
Green critics of BP's new strategy claim it will lead to stranded assets. it won't. BP's problem is not having enough oil and ...