BP boss Murray Auchincloss defends fossil fuel shift
BP boss Murray Auchincloss has defended the company’s move to increase fossil fuel production and ditch its renewable energy ...
Reuters22d
BP says CEO Auchincloss's pay package fell to 5.4 million pounds in 2024
LONDON, March 6 (Reuters) - BP's CEO Murray Auchincloss earned 5.4 million pounds ($6.95 million) last year, the group said in its annual report on Thursday, down from 8 million pounds in 2023.
Fox Business29d
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 ...
Daily Mail1mon
BP abandons green energy drive by slashing renewables budget and ploughing extra £8bn into oil and gas
Chief executive Murray Auchincloss said the firm would slash spending on developing new forms of renewable power in favour of investing more in oil and gas drilling, sparking a fierce backlash ...
The Financial Times29d
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 ...
MarketWatch1mon
BP’s going back to petroleum as it plans more oil spending and production
Unveiling a delayed strategy review that was held up by CEO Murray Auchincloss’s medical procedure, BP said it plans for capital expenditure between $13 billion and $15 billion per year to 2027 ...