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Evening Standard
Evening Standard
Alex Daniel

BP chief takes more than £2.3m pay cut after slump in profit

British Petroleum Murray Auchincloss Bernard Looney
BP is rolling back its renewable energy goals significantly (Nicholas Ansell/PA) - (PA Wire)

BP chief executive Murray Auchincloss took a £2.3 million pay cut last year amid a slump in profit at the fossil fuel giant.

Mr Auchincloss took home £5.4 million in 2024 including bonuses and shares, down from £7.7 million in 2023, according to BP’s annual report.

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