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Opening Quote: Bernard Looney to replace Bob Dudley as BP chief

as chief executive of BP next year and be replaced by Bernard Looney, head of exploration and production at the energy major. Mr Dudley — who has spent 40 years at the group, with more than nine of those as CEO — will relinquish his role at the group’s annual results on February 4 and fully retire on March 31. oil spill in the Gulf of Mexico in 2010, a disaster which cost it billions and weighed on its finances for years. Read More...

as chief executive of BP next year and be replaced by Bernard Looney, head of exploration and production at the energy major. Mr Dudley — who has spent 40 years at the group, with more than nine of those as CEO — will relinquish his role at the group’s annual results on February 4 and fully retire on March 31. oil spill in the Gulf of Mexico in 2010, a disaster which cost it billions and weighed on its finances for years.

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