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The Latest Breaking News from Murray Auchincloss

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

Oil giant BP ousts new chairman over 'conduct' and shares slide

BP has ousted its chairman over what it called serious concerns related to "important governance standards, oversight and conduct."

AAP

BP removes chair Albert Manifold over ‘serious’ governance and conduct concerns

Oil company is FTSE’s biggest faller as chair departs immediately after only eight months in the role

The Guardian - UK

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BP’s new boss will take home at least £11.7m this year, more than double her predecessor

Meg O’Neill will be first woman to serve as CEO of 117-year-oil firm when joining from Woodside Energy in April

The Guardian - UK

BP to take hit of up to $5bn on green energy as it refocuses on fossil fuels

Energy company also under pressure from worse oil trading performance and weaker oil prices

The Guardian - UK

BP cautions over ‘weak’ oil trading and reveals up to £3.7bn in write-downs

The oil giant joined FTSE 100 rival Shell, after it also last week cautioned over a weaker performance from oil trading amid lower crude costs.

Evening Standard

BP to sell majority stake in $10bn Castrol business to US investment firm

Stonepeak will acquire 65% of lubricants business as part of wider plans for the oil company to pay down its debt

The Guardian - UK

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BP to sell majority stake in Castrol to Stonepeak for £4bn

New York-based Stonepeak has agreed to buy a 65% stake in Castrol.

Evening Standard

BP's C-suite milestone: Women in both the CEO and CFO seats

Woodside Energy leader Meg O’Neill will join BP as CEO, alongside finance chief Kate Thomson.

Fortune

BP opts for culture shock with new CEO appointment, but the timing is odd

The decision to replace Murray Auchincloss with Woodside’s Meg O’Neill is puzzling on at least two counts

The Guardian - UK

BP hires first female boss after surprise departure of chief executive

The abrupt departure of Murray Auchincloss follows the appointment of Albert Manifold as BP’s new chairman

The Independent UK

BP hires first female boss as chief executive steps down

Murray Auchincloss’s departure after less than two years follows the appointment of Albert Manifold as BP’s new chairman in July.

Evening Standard

FTSE 100 Live 18 December: Currys surges after results beat, BP names first female CEO

The Bank of England will today reduce the cost of borrowing by cutting interest rates from 4% to 3.75%.

Evening Standard

Meg O'Neill becomes first female CEO of BP in its 116 year history as Auchincloss steps down

Auchincloss will serve in an advisory role until December 2026 “to ensure a smooth transition.”

Evening Standard

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The Guardian - AU

Woodside Energy’s Meg O’Neill, who criticised ‘zealous’ young climate activists, moves to BP

O’Neill tapped to lead global oil and gas giant, which has broken from net zero strategy and will ramp up fossil fuels

The Guardian - UK

BP names Meg O’Neill as new CEO after incumbent ousted

O’Neill, who has led Woodside Energy since 2021, will be oil and gas company’s first female chief executive

Fortune

Embattled BP replaces CEO, naming Woodside Energy chief as first-ever woman leader of a Big Oil giant

BP’s new American CEO is a global traveler who just helped an Australian energy player grow worldwide.

Benzinga

Britain's BP Trims Spending For Profit Growth To Offset Lower Oil Prices

British oil and gas giant BP p.l.c. (NYSE:BP) reported mixed third-quarter 2025 results on Tuesday.

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The Guardian - UK

BP signals more cost cuts on way after fall in profits

Oil and gas company says it will review its portfolio and push to sell off assets faster

Evening Standard

BP accelerates overhaul with higher asset sale target as profits beat forecasts

The oil giant reported third quarter underlying replacement cost profits of 2.21 billion US dollars (£1.68 billion), down 3% on a year earlier.

Fortune

Embattled BP beats on earnings as it touts selling oil, not cups of coffee, poking fun at its former CEO

BP has a long way to go, but its quarterly profits show the British oil giant is heading in the right direction.

The Guardian - UK

BP begins costs review as quarterly profits of £1.77bn beat forecast

Oil and gas group trying to fend off activist investors says it ‘can and will do better’ for its shareholders

International Business Times

Oil Giant BP Surprises With Better Than Expected Earnings

Oil giant BP, which recently pivoted away from green energy, posted Tuesday better-than-expected quarterly earnings and announced a fresh review of costs.

The Independent UK

BP announces further staff cuts amid new AI policy

Chief executive Murray Auchincloss said AI was playing a key part in its overhaul

Evening Standard

BP increases staff cuts to 6,200 and signals further possible reductions

The group said it was now axing more than the 4,700 roles and 3,000 contactor cuts announced at the start of the year.

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