#bp

@TheBadPlace@mastodon.ozioso.online · May 27, 2026

News Headlines | BP ousts chairman Manifold in surprise move AI generated summary, Read the full article for complete information. BP announced that chairman Albert Manifold has been removed with immediate effect after the board raised “serious concerns” about governance standards, oversight and conduct; the decision, made unanimously, follows his appointment only months earlier to steer a strategic shift back toward fossil fuels. Senior independent director Amanda Blanc, who oversaw Manifold’s appointment, said the board was “surprised and disappointed” by the unacceptable issues, and Ian Tyler has been named interim chair while a search for a permanent replacement begins. Shares fell up to 5% after the announcement. Read more: https://www.rte.ie/news/business/2026/0526/1575328-bp-albert-manifold/ #BP #AlbertManifold #MegONeill #AmandaBlanc #IanTyler

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The Bad Place

@TheBadPlace@mastodon.ozioso.online · May 27, 2026

Sweden Herald - Latest Sweden News | BP chairman Albert Manifold resigns, shares plunge by Sweden Herald AI generated summary, Read the full article for complete information. British oil giant BP announced that chairman Albert Manifold has resigned with immediate effect amid concerns over poor corporate governance, oversight failures and misconduct. His departure, which comes unexpectedly before a planned restructuring to address years of profitability problems, sent BP’s shares down more than 6 percent on the London Stock Exchange. Manifold, who took the chair last year, had previously overseen the dismissal of former CEO Murray Auchincloss and the appointment of Meg O’Neill as his successor. The board has named board member Ian Tyler as acting chairman, who said he backs the company’s turnaround plans and has confidence in Meg O’Neill as CEO. Read more: https://swedenherald.com/article/bp-chairman-albert-manifold-resigns-shares-plunge #AlbertManifold #BP #MegONeill #IanTyler #businessnews #MurrayAuchincloss

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The Bad Place

@TheBadPlace@mastodon.ozioso.online · May 27, 2026

US Top News and Analysis | BP shares fall after ousting chairman Albert Manifold, citing 'oversight and conduct' issues AI generated summary, Read the full article for complete information. BP’s shares slumped sharply after the board abruptly removed Chairman Albert Manifold, citing “serious concerns” over governance, oversight and conduct. Manifold, who had only become chair in October and had received unusually low support at the company’s recent annual general meeting, was praised for driving BP’s transformation but was deemed to have failed on governance standards. The sudden ousting, announced without detail, caused BP’s London‑listed stock to fall as much as 9% before narrowing to a loss of over 6%. Ian Tyler was appointed interim chair and a succession process for a permanent chair will begin, as BP refocuses on its core oil‑and‑gas business and stresses operational performance, financial discipline and shareholder value. Read more: https://www.cnbc.com/2026/05/26/bp-chair-albert-manifold-removed-conduct-governance-issues.html #BP #AlbertManifold #AmandaBlanc #IanTyler #BPboard

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The Bad Place

@TheBadPlace@mastodon.ozioso.online · May 27, 2026

The Guardian | BP chair removed over ‘unacceptable’ governance oversight and conduct issues; UK petrol prices hit new Iran war high – business live by Graeme Wearden AI generated summary, Read the full article for complete information. BP’s board abruptly removed chairman Albert Manifold, appointed just a year earlier, citing “serious concerns” over governance standards, oversight and conduct that were deemed unacceptable. The move followed a shareholder rebellion in which about 18 % voted against his re‑election and came as the company refocused on oil and gas after scaling back green spending. Interim chair senior independent director Ian Tyler was installed while a succession process begins, and he praised new CEO Meg O’Neill for swiftly simplifying the business. The shock announcement sent BP’s share price down more than 5 % after a brief 9 % plunge and a trading halt. Read more: https://www.theguardian.com/business/live/2026/may/26/oil-price-bonds-rally-markets-us-iran-peace-deal-hopes-retail-inflation-growth-live-updates #AlbertManifold #AmandaBlanc #IanTyler #MegONeill #BP

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The Bad Place

@TheBadPlace@mastodon.ozioso.online · Apr 28, 2026

Sweden Herald - Latest Sweden News | BP's profit doubles as Iran war boosts oil trading by Sweden Herald AI generated summary, Read the full article for complete information. British energy group BP announced an adjusted net profit of $3.2 billion for the first quarter, surpassing analysts’ average expectation of $2.6 billion and more than double its $1.4 billion profit a year earlier; the boost was driven by higher revenue from oil trading as prices surged amid the Iran war, while BP’s limited operations in the Persian Gulf helped it avoid major production setbacks from the conflict. Read more: https://swedenherald.com/article/bps-profit-doubles-as-iran-war-boosts-oil-trading #BP #oiltrading #PersianGulf #Iranwar #oilprices

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tagesschau

@tagesschau@ard.social · Apr 27, 2026

Wie BP und Total den Ausbau der Offshore-Windkraft ausbremsen wollen Die Energiekonzerne BP und Total Energies haben Milliarden in Offshore-Windparks investiert. Ein neuer Vorstoß der Unternehmen könnte den Ausbau der Anlagen um Jahre verzögern - und deutlich weniger Strom bringen. Das zeigen NDR-Recherchen. ➡️ https://www.tagesschau.de/investigativ/ndr/offshore-studie-fraunhofer-institut-bp-total-100.html?at_medium=mastodon&at_campaign=tagesschau.de #Offshore #FraunhoferInstitut #BP #Total

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Palm Oil Detectives

@palmoildetectives@mastodonapp.uk · Mar 05, 2026

#News: #BillGates claimed he divested from #fossilfuels, yet 🧾⛽ analysis shows his foundation held $254m in oil/gas stocks in 2024. Investing in #BP and #Shell while fighting #climatechange. #Greenwashing hypocrites! 🤔🌍 @palmoildetect.bsky.social https://www.theguardian.com/environment/2026/jan/19/bill-gates-charity-trusts-holdings-in-fossil-fuel-firms-rise-despite-divestment-claims?utm_source=mastodon&utm_medium=Palm+Oil+Detectives&utm_campaign=publer

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