All the updated news related to murray auchincloss

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City

BP boss resigns over disclosures about past relationships with colleagues

BP boss Bernard Looney has resigned with immediate effect after accepting he was not “fully transparent” in his disclosures about past relationships with colleagues. The Irishman, 53, took the role as chief executive of the oil giant in February ...

12 Sept 2023 at 22:04

City

BP appoints Murray Auchincloss as its permanent boss

BP has appointed Murray Auchincloss as its new chief executive, after the surprise resignation of former boss Bernard Looney last year. Mr Auchincloss has been acting as interim chief executive of the energy giant since September but will now ...

17 Jan 2024 at 11:29

City

BP’s new boss trims leadership team amid shake-up

Oil giant BP has revealed plans to reduce its team of top bosses amid a shake-up to simplify its structure led by new chief executive Murray Auchincloss. The group is reducing its executive director leadership team to 10 from 11 after a move ...

19 Apr 2024 at 10:54

City

BP investors will look to see signs of new boss’s strategy

New BP chief executive Murray Auchincloss will have his first outing next week since being appointed to the role permanently, and hopes will be high that he can replicate a strong set of results from Shell. The company’s shares ticked up on ...

05 Feb 2024 at 09:32

City

BP boss disagrees with calls to drop climate plan and pledges cash for investors

The new boss of BP has said he disagrees with those calling for the company to ditch plans to cut oil and gas production as he promised big new shareholder handouts on the back of a surprisingly high profit. In his first full outing in the ...

06 Feb 2024 at 14:03

City

BP sees annual profits halve but reveals stronger-than-expected end to 2023

BP has revealed profits halved in 2023 as lower oil prices took their toll but the company chalked up a better-than-expected performance in the final three months. The oil giant reported underlying replacement cost profits – the company’s ...

06 Feb 2024 at 16:08

City

BP investors will look to see signs of new boss’s strategy

02 Feb 2024 at 15:38

City

BP profits slump as faltering demand hits refining margins

BP’s profits tumbled by nearly one-third in the third quarter to £1.75 billion, as a slump in refining margins weighed on income at the energy giant. The FTSE 100 company reported that profits were down compared with the same period a ...

29 Oct 2024 at 07:48

City

Hedge fund’s BP stake worth £3.8bn as firm expected to ditch green promises

The hedge fund targeting BP has built a stake in the fossil fuel giant worth nearly £3.8 billion, according to reports, making it the third biggest investor in the company. Elliott Management’s investment gives it a roughly 5% stake, ...

14 Feb 2025 at 10:24

City

BP makes ‘significant progress’ on fossil fuel strategy as profits slump

The boss of BP said the energy giant has “already made significant progress” with its oil and gas focused growth strategy as it pulls back from renewables to boost its finances. The company nevertheless revealed profits for the past ...

29 Apr 2025 at 11:05

City

BP shares rise amid reports Shell considering takeover offer

BP shares jumped on Tuesday following reports that its rival, Shell, is exploring a possible acquisition of the oil and gas giant. Shares rose as much as 2.5% in early trading after it was reported that Shell has been weighing the ...

06 May 2025 at 09:16

City

BP boss vows to ‘reset’ strategy after annual profits slump

BP’s boss has pledged to “fundamentally reset” the firm’s strategy amid wide-ranging expectations that it will scale back its renewables projects, as annual profits slumped by more than a third. The FTSE 100 firm reported a 36% ...

11 Feb 2025 at 12:01

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