BP seeks to sell 50% of solar unit to strategic partner, bids due in June, document shows
BP is seeking to sell 50% of its solar unit Lightsource bp to a strategic partner for cash and a commitment of future ...
Activist Investor Drives BP To Do ‘Fewer Things, With Higher Returns’
Under pressure from an activist investor and a sagging share price, the CEO of energy giant BP pledges to return his company ...
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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) ...
BP says CEO Auchincloss's pay package fell to 5.4 million pounds in 2024
BP's CEO Murray Auchincloss earned 5.4 million pounds ($6.95 million) last year, the group said in its annual report on ...
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BP’s CEO Cut His Teeth on Crisis — Now He Faces the Toughest Test Yet
Murray Auchincloss had just returned to BP Plc’s London headquarters from a long stint in other corners of the company’s global empire, when everything changed in an instant. Oil was gushing ...
BP CEO Sees Pay Cut 30% After Profit Miss, Elliott Intervention
BP Plc Chief Executive Officer Murray Auchincloss’ total compensation dropped to £5.36 million ($6.91 million) in 2024, about ...
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BP CEO Focuses on Long Game After Shares Fall on Reset Plan
(Bloomberg) -- BP Plc Chief Executive Officer Murray Auchincloss said he slept “like a baby” after unveiling the oil major’s turnaround program, confident that he could overcome a lukewarm ...
BP to boost oil and gas spending by $10B, slash renewable investment in major strategy shift
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.