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BP's new CEO Bernard Looney said the spread of Covid-19 has only strengthened the company's resolve to progress its transformation plans

BP's Looney halves top management roles under new plan

BP is more than halving the size of its senior management team as part of chief executive Bernard Looney's drive to make the 111-year-old oil company more nimble as it prepares for the shift to low-carbon energy, company sources told Reuters.

Business • 26 May 20

Incoming BP chief executive Bernard Looney hails from Kerry

BP's Looney goes all-in on climate goals

Incoming BP chief executive Bernard Looney plans to expand the company's climate targets and is considering overhauling the structure of the oil and gas major in one of the biggest shake-ups in its 111-year history.

Business • 22 Jan 20

Incoming BP CEO won't take up Rosneft board seat

Incoming chief executive Bernard Looney will not take up either of BP's seats on the board of Rosneft when he takes over in February because of the complexity of the relationship with the Russian oil giant, company sources have said.

Business • 19 Dec 19

Kerryman Bernard Looney has been named as BP's new CEO

BP taps insider Irish man Bernard Looney as new CEO

Oil giant BP today said its upstream business head Bernard Looney will succeed Bob Dudley as chief executive officer when he retires next year after holding the role for nearly a decade.

Business • 04 Oct 19

BP's chief executive Bob Dudley said the company produced 'resilient earnings'

BP's profit slump buffered by higher output, trading

BP's first quarter profits fell by nearly a third but beat forecasts as lower oil and gas prices and weaker refining margins were offset by higher production and a stronger trading performance.

Business • 30 Apr 19

BP has reported an annual net profit of $9.4 billion for last year

BP's net profit almost trebles to $9.4 billion in 2018

BP almost trebled its annual net profit to $9.4 billion (€8.2 billion) last year as oil prices soared towards the end of 2018, the British energy giant said today.

Business • 05 Feb 19

Mr Dudley's pay still remains well above that of bosses at BP's European rivals

BP CEO pay cut by €7.5m after shareholder backlash

BP has cut Chief Executive Bob Dudley's pay package by 40% to $11.6m (€10.87m), the company has said, the latest British blue-chip company to rein in executive pay after shareholder revolts.

Business • 06 Apr 17

BP CEO Bob Dudley's pay deal worth €17.3m

BP shareholders reject €17.3m pay deal for CEO

Shareholders in BP have rejected a pay deal worth €17.3m for chief executive Bob Dudley amid heavy losses and job cuts at the oil giant.

Business • 14 Apr 16

BP's after tax profit fell to $2.6 billion in Q1 from $3.5 billion the same time last year

BP's profit slides 26% in first quarter

BP today reported higher than expected profit thanks to a big increase in refining revenues that offset poor earnings from its oil production division.

Business • 28 Apr 15

Bob Dudley