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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 “gurrier” — Irish slang for a savvy and scrappy streetfighter — to help turn its fortunes around.

Albert Manifold Photographer: Chris Ratcliffe/Bloomberg
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  • BP’s Ousted Chair Manifold Disputes Firm's Accusations
    Former BP Chairman Albert Manifold says he was fired without warning or explanation and will challenge the company’s version of events, deepening the turmoil around the UK oil major’s latest leadership change. BP fired Manifold on Tuesday after eight months on the job, citing “serious concerns” related to “governance standards, oversight and conduct.” Bloomberg's Mitchell Ferman has more. (Source: Bloomberg)
     

BP’s Ousted Chair Manifold Disputes Firm's Accusations

27 May 2026 at 07:47
Former BP Chairman Albert Manifold says he was fired without warning or explanation and will challenge the company’s version of events, deepening the turmoil around the UK oil major’s latest leadership change. BP fired Manifold on Tuesday after eight months on the job, citing “serious concerns” related to “governance standards, oversight and conduct.” Bloomberg's Mitchell Ferman has more. (Source: Bloomberg)

BP Dilutes Stake in Australia’s Browse With 5% Sale to GS Energy

1 June 2026 at 07:54
BP Plc has agreed to dilute its stake in the A$48.7 billion Browse natural gas project by selling 5% to South Korea’s GS Energy Corp.

The Shell Plc company logo on a forecourt canopy at a petrol station in Brentwood, UK, on Thursday, Feb. 2, 2023. Shell posted a fourth-quarter profit that was well ahead of expectations as its natural gas business thrived, lifting the oil major to a record performance in 2022 fueled by soaring energy prices. Photographer: Chris Ratcliffe/Bloomberg
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