after less than four years in the role. The company said he was not"fully transparent in his previous disclosures" about relationships with colleagues prior to becoming CEO. Previous investigations into his relationships didn't turn up any breaches of company policy, but BP said new investigations are ongoing.
Looney took over the top job at the start of the Covid-19 pandemic when energy companies' shares took a hit. U.S.-traded shares of London-based BP fell 1.3% Tuesday after climbing as much as 2.9% earlier in the session.In this pool photo distributed by Sputnik agency, Russia's President Vladimir Putin shakes hands with North Korea's leader Kim Jong Un during their meeting at the Vostochny Cosmodrome in Amur region on September 13, 2023.