Fat cat bosses enjoy £500m pay rise as CEO salaries soar during cost of living crisis Britain now ‘land of grotesque extremes’, say unions as wage gap widens The Independent UK · Aug 22, 2023
Tory plot to drop windfall tax in midst of cost-of-living crisis is branded obscene Chancellor Jeremy Hunt has confirmed plans to revert the tax back to 40% from 75% in a move that has been criticised by campaigners Daily Mirror · Jun 9, 2023
BP facing green rebellion at annual shareholder meeting Some of UK’s biggest pension funds preparing to demand tougher plans to reduce emissions by 2030 The Guardian - UK · Apr 24, 2023
Global oil demand on course for record as China’s economy rebounds International Energy Agency’s expectation for 2023 is 2m bpd higher than last year’s figure The Guardian - UK · Apr 14, 2023
The Guardian view on corporate greed: it’s causing inflation Editorial: Unite’s claim that firms are profiteering on the back of a crisis hitting workers is hard to dismiss The Guardian - UK · Mar 12, 2023
Oil giant BP slammed for handing fatcat boss £10million pay and perks bonanza BP CEO Bernard Looney's £10million pay and perks bonanza is a 'kick the teeth' for struggling Brits, a campaigner has said - the oil giant is among those to have benefitted from a surge in wholesale energy prices in the wake of Russia ’s invasion of Ukraine Daily Mirror · Mar 10, 2023
BP boss earns 172 times more than average employee as his pay doubles Bernard Looney’s total pay packet increased from around £4.5m to about £10m Wales Online · Mar 10, 2023
BP CEO pay doubles to $12M as high energy costs surge profit Total pay for BP’s CEO more than doubled to $12 million last year The Independent UK · Mar 10, 2023
Doubling of BP boss pay to £10m is a ‘kick in the teeth’, say campaigners Bernard Looney’s bumper pay package follows annual profits of £23bn linked to soaring gas prices sparked by Russia-Ukraine war The Guardian - UK · Mar 10, 2023
Fury at BP oil boss's £10million bonus while Brits struggle with sky-high bills BP chief executive Bernard Looney could be in line for a fat paypacket but the End Fuel Poverty Coalition slammed the 'champagne lifestyle for energy bosses' while struggling Brits suffer in 'cold, damp homes' Daily Mirror · Mar 6, 2023
BP boss could be in line for special bonus of up to £11.4m Firm set for clash with investors over possible payout to Bernard Looney from three-year share award plan The Guardian - UK · Feb 26, 2023
BP CEO Bernard Looney pushes beyond recent headlines to detail the company’s upcoming plans The three main energy issues BP is trying to solve, Looney says, are lower carbon emissions, affordability, and security. Fortune · Feb 17, 2023
Big Oil backs out of climate promises "If we see value, we’ll do it. If we don’t, we won’t." Salon · Feb 17, 2023
Fossil-fuel investments have sparked more than one important debate An activist investor is urging rival Shell to split in two. Fortune · Feb 10, 2023
Los Angeles Times · Feb 9, 2023 Michael Hiltzik: Big oil companies are already reneging on their global warming promises If there's an enduring truism about corporate promises to do well by doing good, it's that believing them is a mug's game.
Fortune · Feb 9, 2023 BP CEO Looney addresses climate-target rollback furor "While I understand that people are skeptical, I would encourage people to look at the facts.”
The Guardian - US · Feb 9, 2023 ‘Monster profits’ for energy giants reveal a self-destructive fossil fuel resurgence Last year’s combined $200bn profit for the ‘big five’ oil and gas companies brings little hope of driving down emissions
Fortune · Feb 7, 2023 Why the global climate activism community feels betrayed by BP The first big oil company to 'walk the walk' on carbon emissions reduction is rolling back its goals, and green activists feel betrayed.
The Guardian - UK · Feb 7, 2023 If BP’s change of heart isn’t a U-turn, it’s certainly a major detour Bernard Looney is ‘leaning in’ to his earlier pledge to cut hydrocarbons, but where will it end?
The Independent UK · Feb 7, 2023 BP company directors earned enough in 2021 to pay 246 nurses salaries Figures come as oil and gas giant posts record profits while millions face soaring energy bills
Insider UK · Feb 7, 2023 BP profits reach £23 billion after spike in oil and gas prices Oil and gas giant comes in for criticism as it lowers the ambition of its climate change pledges
Evening Standard · Feb 7, 2023 BP profits more than double amid energy cost crisis BP has reignited the row over the vast scale of energy company money making since the start of the Ukraine war when it reported record profits of £23 billion last year.
Wales Online · Feb 7, 2023 BP profits double thanks to energy price surge Chief executive Bernard Looney said the company had its lowest production costs in 16 years
The Guardian - UK · Jan 30, 2023 Global carbon emissions forecast cut due to Ukraine war and Biden, says BP Oil and gas group says countries are pursuing energy security by backing domestic, renewable supplies
The Guardian - UK · Jan 29, 2023 Shell and BP face tough job of keeping customers and investors happy as profits roll in The oil giants will also have to contend with intensifying calls to put more money into clean energy