Finance is the most dominant sector by revenue, new Fortune 500 Europe list shows The finance sector also accounts for 40% of profit and 14% of the workforce across the Fortune 500 Europe. Fortune · Sep 16
BP names new chairman after removing Albert Manifold over conduct Former Balfour Beatty boss Ian Tyler has been the interim chairman since May and joined the BP board as a non-executive director last year. Evening Standard · Sep 2
BP to develop offshore gasfield in Venezuela with firms linked to Trump administration Move will be one of first large-scale foreign investments in country since US ousted leader Nicolás Maduro in January The Guardian - UK · Aug 14
BP Is Selling Another Green Energy Business. Strong Oil Prices Help Drive Best Profit Since 2022 In its earnings statement, CEO Meg O'Neill said BP is taking a fresh look at the business to improve performance, reduce complexity and strengthen areas that generate stronger financial returns, International Business Times · Aug 5
BP boss is unsentimental in pruning portfolio and clear on North Sea advice to Burnham Meg O’Neill is overseeing rapid clearing of the decks at BP after strategic muddle of recent years, with ‘message’ for new PM The Guardian - UK · Aug 4
Miners prosper while oil drops on new Middle East peace hopes The FTSE 100 index closed up 21.68 points, or 0.2%, at 10,879.38. Evening Standard · Aug 4
BP’s Q2 Profit Doubles Amid Middle East Conflict, but It Cuts Production, Capex Outlook BP p.l.c. (NYSE:BP) stock is trading lower on Tuesday after the energy major reported second-quarter results that surpassed Street estimates. Benzinga · Aug 4
BP’s £4.2bn Iran ‘war bonus’ fuels anger over UK soaring energy bills BP has been slammed for raking in billions from a “war bonus” boosted by the US-Iran conflict, while UK households face soaring energy bills The National (Scotland) · Aug 4
BP profit more than doubles as Middle East conflict boosts oil prices British energy giant BP said on Tuesday that its net profit more than doubled in the second quarter as the Middle East war roiled oil and gas markets. Euronews · Aug 4
BP profits soar to four-year high after boost from Iran war Campaigners have accused the company of being ‘price shock profiteers’ during the conflict. Evening Standard · Aug 4
BP slammed as profits more than double during Iran war Campaigners have also accused BP of ‘profiteering’ from a ‘climate crisis’ The Independent UK · Aug 4
BP boss urges Burnham to prioritise UK oil and gas even as firm exits North Sea Meg O’Neill says ‘where we generate jobs, we generate tax revenue’, as company’s profits more than double The Guardian - UK · Aug 4
British oil giant BP prepares to sell North Sea business Amid higher windfall taxes and volatile global energy markets, BP's proposed sale could bring an end to around 60 years of North Sea production under the British energy giant’s ownership. Euronews · Jul 31
BP puts North Sea oil and gas business up for sale Move will end six decades of production in area, as new CEO tries to simplify company and cut debt The Guardian - UK · Jul 31
The Guardian - UK · Jul 31 FTSE 100 on track for best month since first US attacks on Iran five months ago – as it happened Live, rolling coverage as London’s biggest companies defy Middle East disruption and UK petrol prices rise to around £1.60 per litre, the highest since Donald Trump ordered renewed strikes
Fortune · Jun 9 BP's new CEO Meg O'Neill rips up the energy giant's playbook—and the 'green' era with it O’Neill, who took over on April 1, is the only woman to serve as CEO of a traditional Big Oil supermajor in Europe or the U.S.
Evening Standard · Jun 9 New BP boss overhauls structure to simplify operations BP said it will be reorganised into two business divisions – upstream and downstream – from the start of July.
The Guardian - UK · Jun 2 The BP drama will fade: boards are allowed to ditch the chair Rather than a continuation of the company’s recent issues, isn’t this an example of the board doing what it is supposed to do?
The Guardian - UK · May 27 Fired BP chair disputes oil company’s claims of poor conduct Albert Manifold says he was removed without warning and ‘will not allow a false narrative to go unchallenged’
Fortune · May 27 Inside Citi CEO Jane Fraser’s 5-year grind to restore the bank's credibility Also: All the news and watercooler chat from Fortune.
Euronews · May 26 BP sacks chairman Manifold in a fresh blow to the troubled energy giant Albert Manifold is the third senior BP leader to exit under a cloud in three years, as the British energy giant's boardroom turmoil shows no sign of abating.
The Guardian - UK · May 7 BP plans to sell shares in flagship carbon projects as it pulls back from green agenda Oil firm seeks to reduce stake in carbon capture and storage projects in north-east of England after schemes fail to win over shareholders
The Guardian - UK · Apr 28 UAE quits Opec in ‘pivotal moment’ for oil producing group – as it happened It’s UAExit as the United Arab Emirates will leave Opec on 1 May, in a blow to the group of oil producers
Evening Standard · Apr 24 What impact will soaring oil prices have on BP’s earnings? The FTSE 100 firm said earlier this month it was heading for an ‘exceptional’ oil trading result in the first three months of the year.
The Guardian - UK · Apr 23 BP board suffers triple climate rebellion from shareholders More than 50% of voters at first AGM under new leadership oppose plans to scrap climate reporting