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▶ 11:54 · $BP · Bernard Looney - CEO of BP | In Good Company | Norges Bank Investment Management
episode briefing
In Good Company with Nicolai Tangen

Bernard Looney - CEO of BP | In Good Company | Norges Bank Investment Management

2023-05-31 · 1 company · 4 thematic
sentiment
1 bull0 bear0 neu
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bernard looney

Irish-born engineer who spent 31 years at BP before becoming CEO in 2020. Leading the company's strategic pivot from international oil company (IOC) to integrated energy company (IEC) with a three-part strategy and five transition growth engines targeting >50% transition capital by 2030.

quote
“we're going to take the volume down by 40 percent we're going to drive the emissions down and we're going to use the cash flows from that Nikolai to invest in five growth engines five transition growth engines where we feel we have unique…”
—bernard looney
now playing · $BP
$BP···bullish· high· posbernard looney
Looney details BP's integrated energy transition thesis targeting 50% transition capital by 2030
BP is executing a three-part strategy — resilient hydrocarbons (40% volume reduction), convenience & mobility, and low-carbon energy — with five transition growth engines (hydroge…