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The Latest Breaking News from Helge Lund

FTSE 100 suffers biggest daily decline since start of pandemic

The index plummeted by 419.75 points, or 4.95%, to close at 8,054.98.

Evening Standard

BP chairman to step down after oil giant retreats from green energy

BP kick-started a search for a new chair after Helge Lund told the board he intends to leave the role ‘in due course’.

The Independent UK

BP Chairman To Step Down After Energy Strategy Reset

BP in February launched a major pivot back to its more profitable oil and gas business, shelving its once industry-leading targets on reducing carbon emissions and slashing clean energy investment.

International Business Times

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BP chair to resign amid pressure from shareholders over green agenda

Helge Lund likely to leave post in 2026, with investor opposition having derailed net zero plans

The Guardian - UK

Time for BP’s chair to head for the exit

Helge Lund is too closely tied to share price failure and BP’s inability to carry its investors with it

The Guardian - UK

BP shares jump after feared US hedge fund Elliott takes stake

Activist fund predicted to push for overhaul of oil company’s strategy and shake-up of board

The Guardian - UK

BP to review personal relationships between staff to root out ‘problematic’ conduct

Exclusive: oil giant to put particular focus on senior managers after shock departure of CEO Bernard Looney

The Guardian - UK

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New BP boss to replace Bernard Looney could be external hire, says chairman

Helge Lund says hiring process could lead to oil giant’s first external chief executive hire for decades

The Guardian - UK

BP needs a new chief executive not a slower strategy towards net zero

Oil firm should get out and argue the case for sticking to the transition timetable as Bernard Looney’s successor is sought

The Guardian - UK

Climate protesters disrupt BP’s shareholder meeting in London

Oil company’s decision to water down climate commitments prompts backlash from investors at AGM

The Guardian - UK

BP facing green rebellion at annual shareholder meeting

Some of UK’s biggest pension funds preparing to demand tougher plans to reduce emissions by 2030

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