BP (NYSE: BP) plans to add two new directors to help it pivot back to oil and gas, Financial Times reported Tuesday, as Chair Helge Lund wants the board to reflect the company’s new strategy ...

--BP plans to hire two more directors to help deliver its reset oil-and-gas-focused strategy, the Financial Times reported, citing people familiar with the plan. --Under the plan, the board will ...

While BP’s board looks for its new leader, the company’s “focus will remain on overseeing management’s delivery of the new strategy and this will continue to be their key priority under ...

BP Board Chair Helge Lund plans to step down after six years amid pressure for the company to deliver better financial results.

BP (BP) appointed David Hager—a veteran of the U.S. oil and gas industry, as a non-executive director effective June 2, 2025.

BP (NYSE:BP) is scaling back its energy transition strategy and will drop its ambitious target of cutting oil and gas production by 2030, with plans to raise its output instead, sources with ...

BP on Friday said chairman Helge Lund will step down after a major reset at the British energy giant that saw it recently shelve carbon-reduction targets to focus on fossil fuel output.

BP is expanding its board by adding two new directors to strengthen its focus on oil and gas production and enhance shareholder returns, following its recent strategic shift.

BP named Simon Henry, who was previously the CFO at Shell, as a non-executive director, days after reports of a potential ...

BP has announced a major strategic reset, increasing its investment in upstream oil and gas to $10 billion annually while significantly reducing spending on clean energy to $1.5-2 billion a year.

BP’s boss has pledged to “fundamentally reset” the firm’s strategy as annual profits slumped by more than a third and as the oil giant faces pressure from an activist investor. (PA Wire) ...