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--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 ...
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 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 (NYSE:BP) announced that Chairman Helge Lund intends to step down from his role, likely during 2026. The energy company has initiated a succession process to identify his replacement, led by ...
BP named Simon Henry, who was previously the CFO at Shell, as a non-executive director, days after reports of a potential ...
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BP Revises Strategy, Prioritizes Profits Over Green Transition - MSNBP plc BP, the British energy giant, has announced that it will cut down its investments in renewable energy ventures while bringing its focus back to oil and gas. This strategic shift is aimed at ...
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 announced Friday that Chair Helge Lund is being replaced after he notified the company's board that he would step down in 2026.
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.
Shares of BP, which has been under pressure from activist investor Elliott Investment Management, plunged Friday after the energy giant said chair Helge Lund is stepping down.
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