The boss of BP has seen his pay double to around £10 million following Russia's invasion of Ukraine - meaning he earned over 170 times more than his average employee last year. Bernard Looney’s total pay packet increased from around £4.5 million in 2021, according to new figures.
As cruise missiles started falling on Kyiv and other Ukrainian cities the price of oil and gas ticked upwards last year, peaking in August and June respectively.
The cost of gas in particular spiked for European customers. Oil is largely transported by ship around the world so it was easier for other countries to supply oil to Europe.
