BP Fires Chairman Amid Governance Crisis

BP has stunned the energy world by firing its newly appointed chairman, Albert Manifold, just months after his October 2023 appointment, citing serious governance and conduct issues. The board has named Ian Tyler as interim chair while launching a search for a permanent replacement — a move underscoring the urgency to restore confidence. Manifold, who previously led CRH for a decade, now faces scrutiny as BP navigates a critical pivot back to oil and gas amid lingering fallout from the Deepwater Horizon disaster, market headwinds, and recent earnings declines. This leadership shake-up adds pressure as the company seeks to stabilize its future in a volatile energy landscape. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/fdf1c3af6acae6c3