London, May 29 (IANS) The Board of British oil giant BP PLC announced on Tuesday that it has unanimously decided that Albert Manifold should no longer serve as Chair and Director of the company, with immediate effect, following serious concerns raised with it related to important governance standards, oversight, and conduct. However, the London-headquartered company has not disclosed any details regarding the nature of the conduct and governance issues. Manifold had joined BP in October last yea…
Latest BP Plc News & Updates
New Delhi, May 25 (IANS) State-run oil explorer Oil and Natural Gas Corporation (ONGC) on Monday said it has selected BP Exploration Services India Limited — a UK-based subsidiary of BP Plc — as Technical Services Provider (TSP) for its Western Offshore oil and gas fields (excluding the Mumbai High field), in a move aimed at boosting output from mature assets.The decision follows an international competitive bidding process under which global oil companies were invited to submit proposals for …