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The Latest Breaking News from British Petroleum

FTSE 100 edges up and oil sinks amid peace optimism

The FTSE 100 closed up 13.62 points, 0.1%, at 10,505.01.

Evening Standard

Who Is Albert Manifold? BP Boss Fired After Boardroom Bullying Allegations Surface

BP plc has removed its chairman, Albert Manifold, citing serious governance and conduct concerns, including allegations of bullying. The board acted unanimously, appointing Ian Tyler as interim chairman.

International Business Times UK

Egypt marks record year for gas discoveries amid domestic shortage

Egypt’s recent Eni-linked gas finds have lifted hopes of an upstream revival, but analysts say import pressure is unlikely to ease soon.

Euronews

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Ousted BP chair says he was removed ‘without warning and without explanation’

IN FULL

The Independent UK

Fired BP chair disputes oil company’s claims of poor conduct

Albert Manifold says he was removed without warning and ‘will not allow a false narrative to go unchallenged’

The Guardian - UK

Inside Citi CEO Jane Fraser’s 5-year grind to restore the bank's credibility

Also: All the news and watercooler chat from Fortune.

Fortune

Ousted BP chief Albert Manifold hits out at ‘false narrative’ after sacking

BP’s board removed him with immediate effect, reporting ‘serious concerns’ related to his conduct, oversight and governance at the oil giant, which he disputes

The Independent UK

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Ousted BP chairman hits back at ‘false narrative’ over conduct

Mr Manifold said he ‘entirely’ disputes the characterisation of his conduct laid out by his former employer.

Evening Standard

BP removes chair over ‘serious’ conduct, oversight, and governance concerns

IN FULL

The Independent UK

AAP Rolling News Bulletin May 27, 1230

AAP Rolling News Bulletin for May 27 at 1230

AAP

AAP Rolling News Bulletin May 27, 1200

AAP Rolling News Bulletin for May 27 at 1200

AAP

AAP Rolling News Bulletin May 27, 1130

AAP Rolling News Bulletin for May 27 at 1130

AAP

AAP Rolling News Bulletin May 27, 1100

AAP Rolling News Bulletin for May 27 at 1100

AAP

AAP Rolling News Bulletin May 27, 1030

AAP Rolling News Bulletin for May 27 at 1030

AAP

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AAP

BP ousts chair citing governance and conduct issues

BP's sacked chairman Albert Manifold has ‌pushed back against what he ‌described as a "false narrative" surrounding ‌his removal from the British oil major.

Bangkok Post

Short circuit

Re: "Volvo fire on Thai motorway 'not a battery issue'", (BP, May 23).

AAP

Another surge for Micron, Wall Street's latest $1 trillion company, sends US stocks to records

The U.S. stock market rose to records as it caught up with climbs for others around the world from the day before, when President Donald Trump said negotiations were "proceeding nicely" with Iran on ending their war

AAP

Wall Street rises to more records as US stocks catch up to the world's gains from the day before

The U.S. stock market rose to more all-time highs and caught up with climbs for others around the world from the day before, when President Donald Trump said negotiations were "proceeding nicely" with Iran on ending their war

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Evening Standard

Stocks climb but BP knocked by chairman’s sudden exit

The FTSE 100 closed up 25.13 points, 0.2%, at 10,491.39.

The Independent UK

BP’s latest scandal exposes serious mismanagement at heart of energy giant: ‘It’s total chaos’

Albert Manifold, who has been dismissed following ‘serious concerns’, is the latest member of senior personnel leaving the company abruptly over the past 20 years – and the shareholders don’t like it, writes Simon English

AAP

Wall Street rises toward records as US stocks catch up to the world's gains from the day before

The U.S. stock market is rising as it catches up with others around the world that climbed the day before, when President Donald Trump said negotiations were "proceeding nicely" with Iran on ending their war

AAP

Oil giant BP ousts new chairman over 'conduct' and shares slide

BP has ousted its chairman over what it called serious concerns related to "important governance standards, oversight and conduct."

Euronews

BP sacks chairman Manifold in a fresh blow to the troubled energy giant

Albert Manifold is the third senior BP leader to exit under a cloud in three years, as the British energy giant's boardroom turmoil shows no sign of abating.

Evening Standard

BP removes chairman Albert Manifold after ‘serious concerns’ over conduct

Amanda Blanc, senior independent director at BP, said the board deemed his conduct to be ‘unacceptable’.

The Independent UK

Oil giant BP ousts chairman over 'conduct'

BP has ousted its chairman over what it called serious concerns related to “important governance standards, oversight and conduct.”

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