The Latest Breaking News from Helge Lund

BP backs Amanda Blanc to lead search for new chair despite investor concerns

Senior independent director to handle process again after Albert Manifold’s shock departure last week

The Guardian - UK · Jun 2

Fired BP chair disputes oil company’s claims of poor conduct

Albert Manifold says he was removed without warning and ‘will not allow a false narrative to go unchallenged’

The Guardian - UK · May 27

BP is operating in a world of ‘significant complexity’, new boss tells staff

Meg O’Neill’s memo comes as company tries to rebuild strategy amid oil shock of Iran war and after failed green pivot

The Guardian - UK · Apr 1

BP launches cost-cutting scheme despite beating profit expectations

The business review comes just a few months after BP said it would save $4bn to $5bn by the end of 2027, relative to 2023 costs.

Euronews · Aug 5, 2025

BP confirms biggest oil and gas field discovery in 25 years – three times the size of Paris

The British energy firm have scaled back on renewable plans recently to refocus on fossil fuels

The Independent UK · Aug 4, 2025

Novo Nordisk Cuts Earning Forecasts Again, Names New CEO

Danish drugmaker Novo Nordisk, known for its blockbuster diabetes and weight-loss treatments Ozempic and Wegovy, on Tuesday lowered its earning forecasts again as it unveiled a new chief executive to tackle "recent market challenges".

International Business Times · Jul 29, 2025

BP appoints new chair to oversee shift back to fossil fuels

Albert Manifold, ex-boss at buildings material company CRH, to take over from embattled Helge Lund

The Guardian - UK · Jul 21, 2025

BP appoints former CRH boss Albert Manifold as new chairman

Mr Manifold will join the oil giant as chairman-elect on September 1 before taking over from Helge Lund as chairman on October 1.

Evening Standard · Jul 21, 2025

FTSE 100 Live 21 July: Ryanair profits surge, BP appoints new chair

Mining stocks surged by as much as 4% today as the FTSE 100 index held its 9000 position at the start of a busy week for corporate earnings.

Evening Standard · Jul 21, 2025

BP Profit Drops 70% Amid Pivot Back To Oil And Gas

Britain's BP said on Tuesday net profit plunged in the first quarter as the struggling energy giant undergoes a major overhaul back to its fossil fuel business.

International Business Times · Apr 29, 2025