BP set a bonus target that didn’t even require earnings to grow. The CEO still didn’t earn it.
BP’s under-fire chief executive was awarded no bonus from the company’s financial performance last year as his overall pay declined, the company said Thursday in its annual report.

BP Chief Executive takes huge pay cut

BP CEO Sees Pay Cut 30% After Profit Miss, Elliott Intervention
BP's chief executive takes £2.3m pay cut as the company’s profits slump
BP chief executive’s pay falls 30% after failing to meet key targets
BP chief executive Murray Auchincloss’s pay fell 30 per cent to £5.36mn last year after the struggling oil major failed to hit profit, operation and safety targets. While Auchincloss’s base salary rose to £1.
How Big Is BP’s Stranded Assets Problem?
Green critics of BP's new strategy claim it will lead to stranded assets. it won't. BP's problem is not having enough oil and gas assets to meet future demand.
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BP 'denying' AGM vote on strategic reset says green activist shareholder
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BP's emissions rose in 2024, annual report says
BP's emissions under its operational control and the use of its products rose to 33.6 million metric tons and 322 million metric tons of carbon dioxide equivalent respectively in 2024, it said in its annual report on Thursday.
BP’s Crisis Marks the Tombstone for Big Oil’s Green Pivot
Even the oil giants that attempted to switch away from fossil fuels are going back to oil and gas. The chief executive of BP Plc oozed confidence as he strode out onto a Houston stage in 2023 to tell an audience of fellow oil executives that he no longer ran an oil company.
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Marsh takes big step in recovery with first live BP session
Alec Marsh, working his way back from right shoulder soreness, took the next step toward normalcy on Sunday when he faced hitters for the first time this spring, throwing all his pitches to four batters on the backfields at the Royals’ Spring Training complex.
Activist investor demands BP dump its petrol stations
The BP board is braced for a string of hardline demands from Elliott Management, the hedge fund that has taken a stake in the UK stalwart.
Saudi Aramco exploring initial bid for BP's Castrol unit, source says
Saudi Aramco is in the early stages of considering a potential bid for BP's lubricant business Castrol, according to a person with knowledge of the matter. BP has been exploring all options around its Castrol business,
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BP to slash spending on net zero ventures as it focuses on oil and gas again
British energy company BP has confirmed it is to slash spending on green ventures and up its oil and gas production.
BP and Mauritania say leak detected at gas project off West Africa
A gas leak has been detected at a well of the BP-operated Greater Tortue Ahmeyim gas project offshore Senegal and Mauritania, the British company and Mauritania's environment ministry said on Wednesday.