The Latest Breaking News from British Petroleum

Oil firm should get out and argue the case for sticking to the transition timetable as Bernard Looney’s successor is sought

City Comment: These embarrassing boardroom distractions are not helpful

All three main sectors of the economy in decline after strikes by doctors, radiographers and teachers, while construction and retail hit by wet weather

In today’s newsletter: The North Korean leader makes his first international trip in four years – but what’s at stake?

Irishman took role as chief executive of oil giant in February 2020 with pledge to make it carbon neutral by mid-century

Company says he only disclosed ‘a small number of historical relationships prior to becoming CEO’

The chief executive of British energy giant BP has resigned after he accepted that he was not “fully transparent” in his disclosures about past relationships with colleagues

According to BP’s annual report, Looney was paid £10 million last year

Forecasts by industry professionals indicate an upswing in oil prices due to increased demand and supply constraints. The rising price trends could significantly strengthen the energy sector in the near term. Therefore, entering September, fundamentally strong energy stocks BP p.l.c. (BP), Transportadora de Gas del Sur S.A. (TGS), and GeoPark…