Search results for: Bob Dudley

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  • 6 April 2017
    Business & Finance

    UK oil giant BP has slashed CEO Bob Dudley’s pay package in 2016 by 40 percent as a response to shareholder revolt.  Last April BP’s shareholders voted against the hefty salary package proposed by the board for the CEO Bob Dudley. Following reports earlier this week of a reduced pay package for the oil giant’s boss, BP on Thursday […]

  • 26 April 2016

    Oil major BP sank to a first-quarter loss of $583 million, compared with a profit of $2.6 billion a year ago, less than two weeks after its shareholders voted against the hefty salary package for the oil giant’s chief executive.  Back in February 2016, BP reported its worst annual loss in at least 20 years as the British […]

  • 15 September 2016

    By Caroline Stauffer, Luc Cohen and Juliana Castilla BUENOS AIRES (Reuters) – BP <BP.L> does not plan to increase annual investments this decade but still expects to bring nine new projects online in 2017 as it focuses on improving efficiency, Chief Executive Bob Dudley said in an interview on Wednesday. Dudley met with government officials […]

  • 20 December 2012
    Business & Finance

    On December 19 Igor Sechin, Rosneft President and Chairman of the Management Board held a working meeting with BP CEO Bob Dudley to discuss the integration of Rosneft and TNK-BP. Bob Dudley will become a member of the steering committee co-ordinating the integration that will be chaired by Igor Sechin. The parties confirmed their commitment […]

  • 4 October 2019

    Bob Dudley, CEO of BP, has decided to retire from the position and from the company’s board in March 2020.

  • 21 April 2015

    BP CEO Bob Dudley held a keynote speech today during the second day of the IHS CERAweek energy conference in Houston. As expected, a significant part of the speech focused on the fifth anniversary of the Deepwater Horizon tragedy, and how BP has changed as a company since then.   Below are the main takeaways from […]

  • 29 October 2019
    Business & Finance

    BP’s third-quarter results took a hit due to lower oil prices and maintenance, hurricane impacts and a divestment charge.

  • 14 June 2018

    The world has seen the oil prices rebound from lows of under $30 a barrel in early 2016 to an average of above $50 in 2017, and today they’re at $76 a barrel or so. So, will the growth continue, will price levels last? BP’s CEO Bob Dudley does not think so.

  • 3 November 2015
    Equipment

    Advances in technology will keep energy supplies plentiful and affordable – enough to meet projected demand many times over – and help pave the way to a lower carbon energy mix, according to data published on Monday in the BP Technology Outlook. According to BP, its Technology Outlook shows how technology can play a major […]

  • 4 October 2019
    Business & Finance

    BP’s chief executive, Bob Dudley, has decided to step down as group chief executive officer and from the BP board of directors. Bob Dudley steps down after a 40-year career with BP and over nine years as group chief executive. He will retire on March 31, 2020, the company informed. In addition, the board informed […]

  • 4 April 2017
    Business & Finance

    BP Plc has agreed to cut about 5 million pounds from Chief Executive Bob Dudley’s maximum pay for the next three years in a bid to avoid a shareholder revolt, Sky News said on Monday, citing people briefed on the matter.

  • 28 July 2015

    British oil giant BP has swung to a loss in its second quarter 2015 results due to low oil prices and charges related to the Deepwater Horizon claims.  According to BP, underlying replacement cost profit for the quarter was $1.3 billion, compared with $2.6 billion for the previous quarter and $3.6 billion for the second […]

  • 19 October 2012
    Business & Finance

    The president of the Azerbaijan state oil company SOCAR, Rovnag Adbullayev, and his senior executive team met BP group chief executive Bob Dudley and the BP upstream executive team in London on October 17. They agreed to continue working closely with SOCAR and the partner group to manage oil production from the Azeri-Chirag -Guneshli fields […]

  • 22 April 2015

    Bob Dudley, the CEO of BP, has said that the planet is far away from being run solely on renewable energy power, during a Q&A session at the IHS Ceraweek conference in Houston. “The sheer size of the world economy and the complexity of that means it cannot be simplified into shift to renewables quickly. […]

  • 1 August 2017
    Business & Finance

    BP returned to profit in the second quarter of 2017, earning $144 million in the period, compared to a loss of $1,42 billion a year ago. Production for the quarter was 2,431 mboe/d, 9.9% higher than the second quarter of 2016. Looking ahead, BP expects third-quarter reported production to be broadly flat with the second […]

  • 29 January 2013
    Business & Finance

    BP today announced Bob Fryar as Executive Vice-President for Safety and Operational Risk (S&OR), reporting directly to Bob Dudley, Group Chief Executive. Fryar, who is currently Executive Vice President for production in BP’s upstream business will take up his new position from 15 February. The appointment follows the decision of Mark Bly, who has headed […]

  • 4 October 2019

    UK-based energy giant and LNG player BP’s chief executive Bob Dudley is set to step down from his position as well as the company board following delivery of the company’s 2019 full-year results in February 2020 and will retire on March 31, 2020. 

  • 11 March 2013

    Watch the full video of a speech BP’s CEO Bob Dudley delivered at last week’s IHS Ceraweek. The speech titled: “Challenging Opportunities: The US, Russia and the World’s Energy Journey” covered developments in US energy trends and the challenges that lay ahead while focusing on the importance of the United States and Russia in the […]

  • 29 January 2013

    BP today announced Bob Fryar as Executive Vice-President for Safety and Operational Risk (S&OR), reporting directly to Bob Dudley, Group Chief Executive. Fryar, who is currently Executive Vice President for production in BP’s upstream business will take up his new position from 15 February. The appointment follows the decision of Mark Bly, who has headed […]

  • 23 November 2012

    BP of UK announced the appointment of Lamar McKay as Chief Executive, Upstream. He will take up the position with effect from January 1, 2013. In his new role, McKay will lead BP’s combined Upstream business, comprising the Exploration, Developments and Production divisions together with the Upstream strategy and integration team. These Upstream functional divisions […]

  • 3 June 2015

    Bob Dudley, CEO of British Petroleum was at the World Gas Conference in Paris yesterday where he delivered a speech, predicting that natural gas, the fastest growing fossil fuel, will surpass oil in becoming world’s number one fuel during this century. He spoke about gas through three ‘S’s – sufficiency, security and sustainability, saying that gas provides […]

  • 23 November 2012
    Business & Finance

    BP today announced the appointment of Lamar McKay as Chief Executive, Upstream. He will take up the position with effect from January 1, 2013. In his new role, McKay will lead BP’s combined Upstream business, comprising the Exploration, Developments and Production divisions together with the Upstream strategy and integration team. These Upstream functional divisions were […]