BP CEO Bob Dudley is set to step down from the role in 2020, after spending more than 40 years at the oil-giant. He will be replaced by 49-year-old Bernard Looney, the company said in a statement.

BP Plc has named American Bob Dudley as its next CEO, saying Tony Hayward would stand down after his gaffe-prone handling of the worst oil spill in US history that triggered a $17bn quarterly loss.

Under Lund, BP CEO Bob Dudley departed in early 2020, replaced by Bernard Looney, who was sacked over his failure to disclose past relationships with colleagues.

BP spokesman Andrew Gowers tells CNN that Svanberg was just reflecting a June 4 announcement about BP Managing Director Bob Dudley taking over the long-term disaster response. He said Hayward's ...

Bob Dudley, who ran the British petrochemical giant BP for ten years, told City AM that energy secretary Ed Miliband was ...

Chief executive of BP Bob Dudley said that the new well is the company’s third find in that concession area, where the company is now developing the Atol field. He noted that continuous success ...