BP CEO Looney’s 2021 pay package more than doubles to around $5.9 million

BP CEO Looney’s 2021 pay package more than doubles to around .9 million

Bernard Looney, chief executive officer of BP Plc, gestures while speaking during a news conference in London, U.K., on Wednesday, Feb. 12, 2020.

Bloomberg | Getty Images

BP CEO Bernard Looney’s total renumeration in 2021 rose to £4.46 million ($5.86 million) from £1.74 million, BP’s annual report published on Friday showed.

BP’s 2021 profits hit an eight-year high on higher oil and gas prices, after a loss the previous year which was marked by collapsing fuel demand due to coronavirus restrictions.

Source

World

Asia-Pacific markets poised to mostly rise over optimism of de-escalation in U.S.-China trade tensions

May 11, 2025

The Kannai and Chukagai district at night, the hub of Yokohama’s Chinese district and thriving Chinatown entertainment and business district, full of shops, cafes, and restaurants. Copyright Artem Vorobiev | Moment | Getty Images Asia-Pacific markets are set to mostly rise Monday over optimism that U.S.-China trade tensions could de-escalate following the superpowers’ talks in […]

World

Pope Leo XIV appeals to world powers for ‘no more war’ in first Sunday appearance

May 11, 2025

Pope Leo XIV delivers the Regina Caeli prayer from the main central loggia balcony of St Peter’s basilica in The Vatican, on May 11, 2025. Alberto Pizzoli | Afp | Getty Images Pope Leo XIV appealed to the world’s major powers for “no more war”, in his first Sunday message to crowds in St. Peter’s […]

World

Saudi oil giant Aramco posts 5% dip in first-quarter profit on weaker crude prices

May 11, 2025

Members of media chat before the start of a press conference by Aramco at the Plaza Conference Center in Dhahran, Saudi Arabia November 3, 2019. Hamad I Mohammed | Reuters Saudi Aramco’s first-quarter net profit fell 5% year-on-year amid lower oil prices and production. Net income for the three months to March 31 came in […]