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Saturday, November 23, 2024

Bernard Looney News

Kate Thomson (Photo: BP)

BP Set to Name Thomson Permanent CFO

BP is set to confirm Kate Thomson as its permanent chief financial officer after naming Murray Auchincloss as CEO last week, completing a leadership reshuffle following Bernard Looney's abrupt resignation in September, two sources with knowledge of the matter told Reuters.The board is expected to decide on the appointment before BP reports its full year results on Feb. 6, one source close to the process said.Thomson was appointed interim CFO a week after Auchincloss took the helm of the energy company on Sept. 12, when Looney stepped down for failing to disclose past relationships with employees.

Tufan Erginbilgic (Photo: Rolls-Royce)

Rolls-Royce Names Erginbilgic CEO

refining, retail and petrochemicals, into electric vehicle charging, and added thousands of petrol stations in developing economies, such as India and Mexico.He also led the modernization of its refining business, including such measures as the sale of a number of plants.He left BP shortly after Bernard Looney was appointed chief executive, a post for which he had contended, along with BP's former CFO, Brian Gilvary.Erginbilgic will receive a base salary of 1.25 million pounds, Rolls-Royce said, and he will also be awarded two tranches of shares, each worth 3.75 million pounds.(Reuters - Reporting

David C. Lawler,- Credit: BP

BP Names Next BP America Chief

economic footprint in the U.S. than anywhere else in the world. In 2019, these businesses accounted for a third of BP's global revenue. Lawler will take the helm as BP embarks on a new ambition to become net zero by 2050 or sooner and to help the world get to net zero," BP said Thursday.Bernard Looney, BP CEO said: "Beyond a track record of delivering strong safety, environmental and commercial results, Dave brings an authentic and inspiring leadership style. His curiosity and willingness to do things differently will be essential as we reinvent bp and reimagine energy for people and

Richard Herbert (Photo: BP)

BP Exploration Boss Leaves in Reorganization

prices began to crash from mid-2014 and BP had to shed assets to pay off some $50 billion in U.S. liabilities for the Macondo spill, the firm had to reduce funding for costly exploration projects.   BP said the departure followed a decision to simplify BP's upstream executive team, headed by Bernard Looney, and bring exploration, global projects, reservoir developments and technology under one roof, reporting to James Dupree.   Howard Leach, currently head of technical functions in exploration, has been appointed interim head of exploration. (Reporting by Dmitry Zhdannikov; editing

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