Feb.12 — Bernard Looney, chief executive officer at BP, discusses the company’s plan to drive down the breakeven price to a “resilient” $40 by 2021. He speaks with Bloomberg’s Alix Steel on “Balance of Power.”
In This Story: Bernard Looney
Bernard Looney FREng is an Irish businessman and CEO of BP.
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In This Story: BP
BP plc (formerly The British Petroleum Company plc and BP Amoco plc) is a British multinational oil and gas company headquartered in London, England. It is one of the world’s seven oil and gas “supermajors”.
Stock tickers: (LSE: BP., FWB: BPE, NYSE: BP, FTSE 100 component (BP.))
BP’s origins date back to the founding of the Anglo-Persian Oil Company in 1908, established as a subsidiary of Burmah Oil Company to exploit oil discoveries in Iran. In 1935, it became the Anglo-Iranian Oil Company and in 1954, adopted the name British Petroleum.