The Irish executive has led the British oil company since 2020 and has spent his entire career there.
| BP chief executive Bernard Looney has resigned with immediate effect over the failure to fully disclose past relationships with colleagues.
Mr Looney, 53, will be replaced on an interim basis by chief financial officer Murray Auchincloss, the company said in an emailed statement on Tuesday . BP didn’t name any potential successors, but has typically chosen CEOs from among the ranks of its own top executives.allegations relating to Mr Looney’s past personal relationships with colleagues in 2022, finding no breaches of the company’s code of conduct, according to the statement.
US giants Exxon Mobil and Chevron, which have stuck far more closely to their core oil and gas businesses than the European majors, have been far more appealing to investors, especially since Russia’s invasion of Ukraine sent energy prices soaring.
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