BP appoints new chair to oversee shift back to fossil fuels
BP has appointed Albert Manifold as the new chair of the company. Manifold will join the board on September 1 and take over from Helge Lund on October 1.
BP sells American wind business to LS Power as it continues its renewable retreat
"We have been clear that while low-carbon energy has a role to play in a simpler, more focused BP, we will continue to rationalize and optimize our portfolio to generate value."
BP dropped its green pledges and turned back to oil. Now the price of crude has collapsed
BP faces deepening challenges beyond Trump issues, including internal strife and activist investor pressure as it pivots from green energy back to fossil fuels.