Helge Lund is stepping down from his role as BP chairman, with the UK supermajor starting a search for a replacement. “Lund informed the board of his intention to step down in due course,” BP said in ...

BP dropped 7.4 per cent amid global market turmoil yesterday. Lund backed a shift towards green energy under former boss Bernard Looney only to help chief executive Murray Auchincloss perform a ...

Helge Lund stepping down as BP chairman in the coming months is a direct consequence of activist investors pushing for the UK supermajor to return to focus on its oil and gas core business and ditch ...

Today, BP shares trade on an undemanding price-to-earnings (P/E) ratio of 9.3 times. But even at this level, I’m not prepared to invest in the FTSE 100 oilie. I’d rather find other UK shares ...