The Financial Times23d
BP’s chief aims to more than double market value to $200bn
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.
Bloomberg L.P.28d
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 ...
London Evening Standard16d
BP chief takes more than £2.3m pay cut after slump in profit
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 ...
Fox Business23d
BP to boost oil and gas spending by $10B, slash renewable investment in major strategy shift
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 ...
Houston Chronicle25d
Report: BP to drop renewable energy goals in favor of fossil fuels
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.
The Financial Times23d
BP’s chief aims to more than double market value to $200bn
Murray Auchincloss predicts ‘tremendous’ demand for oil and gas beyond 2050 Murray Auchincloss: ‘Oil and gas demand is going to be around for a long time ...