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BP’s High-Stakes Reboot Has Descended Into Ugly Boardroom Drama

When Albert Manifold was hired as chairman of BP Plc, he joked to friends the company needed a β€œgurrier” β€” Irish slang for a savvy and scrappy streetfighter β€” to help turn its fortunes around.

Albert Manifold Photographer: Chris Ratcliffe/Bloomberg

BP Chair Who Sped Up Company’s Turnaround Is Fired Over Conduct

26 May 2026 at 11:26
BP Plc unexpectedly fired Chairman Albert Manifold just months into the job due to serious concerns about β€œgovernance standards, oversight and conduct,” prolonging a period of turmoil at the UK oil major.

Albert Manifold Photographer: Chris Ratcliffe/Bloomberg

Oil Jumps as Trump Threatens to β€˜Hit Iran Hard’ Imminently

9 June 2026 at 22:03
Oil turned higher as President Donald Trump warned of imminent US attacks against Iran and domestic crude inventories posted another steep drop.

A pumpjack in Martin County, Texas, US, on Saturday, March 15, 2025. The Permian Basin, a sprawling shale patch that lies beneath Texas and New Mexico, is North America's most prolific shale patch. Photographer: Justin Hamel/Bloomberg
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