Blanc has plenty on her plate as chief executive of insurer Aviva plus her role as senior independent director on BP's board.
Helge Lund told the board he planned to stand down 'most likely during 2026' having chaired the firm since 2019.
Eight OPEC+ countries will increase output by 411,000 barrels a day next month, prompting oil prices to fall further. The leading bid for Citgo favors creditors whose collateral rights over the ...
BP Plc’s Chairman Helge Lund has announced plans to step down as the British oil giant faces intensifying pressure from activist investor Elliott Investment Management. The development follows BP’s ...
Investors avoided risky assets on Friday after China's retaliatory duties against the United States raised fears of a global economic recession.
Find insight on Canadian energy producers, Matador Resources, BP and more in the latest Market Talks covering energy and ...
Mr Lund is closely associated with BP's efforts to shift away from fossil fuels towards renewables, a muddled strategy that has been a major contributor to the underperformance of the company's share ...
Oil prices plunged this week as a one-two punch of sweeping U.S. import tariffs and an unexpected OPEC+ supply hike erased ...
Shares of BP, which has been under pressure from activist investor Elliott Investment Management, plunged Friday after the ...
Helge Lund stepping down as BP chairman in the coming months is a direct consequence of activist investors pushing for the UK ...
The news comes as several multinational corporations are resetting policies that turn them away from an ESG agenda, including diversity, equity and inclusion initiatives.
BP Chair Helge Lund intends to step down "likely during 2026", the energy group said on Friday amid a campaign by activist ...