Feb.12 — Bernard Looney, BP Plc’s new chief executive officer, discusses the fallout from the coronavirus outbreak, the company’s plan to eliminate almost all of the carbon emissions from its operations and the fuel it sells to customers, and BP’s stake in Rosneft. 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.
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In This Story: Climate
Climate is the long-term average of weather, typically averaged over a period of 30 years. More rigorously, it is the mean and variability of meteorological variables over a time spanning from months to millions of years.