ANALYSIS: BP’s CEO crisis adds to long-term uncertainties
September 22, 2023 Comments Off
The departure of BP CEO Bernard Looney is an unexpected disrupter for a company struggling to balance investment in oil and gas — demanded by shareholders and spurred by oil price rises — against pressures from society and governments to transition to low-carbon energy. It is still too early to assess the fallout from Looney’s shock Sept. 12 resignation, stemming…
ANALYSIS: BP’s CEO crisis adds to long-term uncertainties
The departure of BP CEO Bernard Looney is an unexpected disrupter for a company struggling to balance investment in oil and gas — demanded by shareholders and spurred by oil price rises — against pressures from society and governments to transition to low-carbon energy. It is still too early to assess the fallout from Looney’s shock Sept. 12 resignation, stemming…
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