Murray Auchincloss told the Financial Times that BP would capitalise on “tremendous” demand for oil and gas after this week abandoning a plan to reinvent itself as a green energy company.

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 ...

Murray Auchincloss’s pay fell by one-third last year, ahead of BP making a drastic pullback from its green energy targets. BP is rolling back its renewable energy goals significantly (Nicholas ...

It pumped 2.36 million boepd in 2024. "It's a radical shift," CEO Murray Auchincloss told Reuters in a phone interview after the announcements during the company's capital markets day. Under ...

BP CEO Murray Auchincloss is announcing plans to ditch the company's goal of growing renewable generation capacity 20-fold by 2030 and instead return focus to fossil fuels, Reuters reports.