1109 GMT - It remains to be seen whether BP's next chairman will lead to a wider shake up at the British oil major, RBC Capital Markets analysts Biraj Borkhataria and Adnan Dhanani write. A wider shake-up could include management changes or changes to BP's strategy, they write. Investors won't be surprised by Helge Lund's departure given he was viewed as the chief architect of its now jettisoned low-carbon strategy, they write. Shares trade down 5.3% at 2,526 pence. (adam.whittaker@wsj.com)
(END) Dow Jones Newswires
April 04, 2025 07:09 ET (11:09 GMT)
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