New BP CEO Meg O’Neill is making fast work restructuring the struggling Big Oil giant, simplifying the organizational chart and eliminating the “low carbon energy” business unit as it reemphasizes its ...

BP PLC announced the retirement of newly appointed deputy chief executive Carol Howle and named 2 new executive vice ...

BP abandoned its renewable growth targets and will now prioritize increasing oil and gas output by 2030. A leadership reshuffle includes the appointment of Albert Manifold as chair and divestment from ...

Carol Howle, a 26-year BP veteran, will step down in the third quarter as new CEO Meg O'Neill restructures the leadership ...

An executive exodus at BP has sparked intense scrutiny from investors.

BP logo and a model of an oil derrick pump. BP has been a leader in the energy transition since 2020, when its goal was 40% renewables by 2030. This was reduced in 2023 to 25% renewables by 2030. The ...

BP said it would increase annual oil and gas spending to $10 billion and cut planned annual investment in energy transition businesses by more than $5 billion. The energy company is seeking to boost ...

BP said its deputy chief executive, Carol Howle, plans to retire later this year, leaving new boss Meg O’Neill without a key ...

BP announced on Tuesday the removal of chair Albert Manifold, citing concerns about “oversight and conduct” just eight months into Manifold’s tenure in the latest instance of leadership turmoil for ...

Shell and BP have both seen dramatic price increases since the Middle East conflict started, but BP's stock is performing ...