When Albert Manifold was hired as chairman of BP Plc, he joked to friends the company needed a “gurrier” — Irish slang for a savvy and scrappy streetfighter — to help turn its fortunes around.
Albert Manifold Photographer: Chris Ratcliffe/Bloomberg
New BP Plc Chief Executive Officer Meg O’Neill reorganized the energy giant’s leadership and reporting structures in an overhaul that cements the company’s focus on oil and gas as it tries to move beyond recent boardroom drama.
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
BP Plc unexpectedly fired Chairman Albert Manifold just months into the job due to serious concerns about “governance standards, oversight and conduct,” prolonging a period of turmoil at the UK oil major.
Albert Manifold Photographer: Chris Ratcliffe/Bloomberg
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