British Bernard Looney, who has been president of the oil and gas company BP since 2020, resigned due to the concealment of his past personal relationships with colleagues. Bloombergciting a company statement.
“He gave no details about his relationship and accepted that he should fully disclose this information. “As a company, we have strong values, and the board expects all of our employees to live by these values,” BP said in a statement.
Bernard Looney, a 53-year-old Irishman, has been working at BP since 1991 and started his career as an engineer. He was appointed CEO of the company on July 1, 2020. At the same time, Ashinkloss was appointed to his position at BP in 1998.
During his leadership at BP, Looney actively supported a faster transition to low-carbon energy. This was also reflected in plans to reduce oil production and develop technology in the field of electric vehicles. As Bloomberg notes, since Looney’s appointment as CEO, BP shares have become less attractive compared to rival companies; This is partly due to the energy crisis in Europe.
Previously recognizedWhen oil prices fall to $50 per barrel.