Bernard  Looney net worth and biography

Bernard Looney Biography and Net Worth

CEO & Director of BP

Bernard is chief executive of a company going through the most far-reaching transformation in its 112-year history. Recognizing that the world wants and needs energy that is clean as well as reliable and affordable, he set a new direction for bp when he took on the role in February 2020.  

He announced bp’s new purpose – to reimagine energy for people and our planet – and its new ambition to become a net zero company by 2050 or sooner, and help the world get to net zero.  

Soon after, he shared bp’s new strategy to transform from an International Oil Company to an Integrated Energy Company – from one that produces resources to one that delivers solutions to customers.

Two distinctive aims for 2030 set the strategy apart: reducing bp’s oil and gas production by around 40% while increasing annual spending on low carbon activities tenfold.

Even as bp diversifies and decarbonizes, Bernard believes that oil and gas remain an essential part of the business, allowing the company to deliver for shareholders today while transforming for tomorrow.

And to do all of this, he has been clear that bp needs to reinvent itself – becoming a leaner, flatter, faster-moving company, as well as one that is more diverse, equitable and inclusive.  

Bernard encourages leaders to demonstrate ‘empathy with edge’ – to be caring and understanding while driving performance improvement. He believes sustainable progress is made by listening more than you talk and working together in mutually beneficial partnerships. And he has long advocated that improving people’s mental health is one of today’s most important challenges.

Bernard joined bp from university as a drilling engineer and gained experience in a series of operational and managerial roles around the world, from the North Sea to Alaska, and from the Gulf of Mexico to Vietnam. He joined the senior leadership team of bp’s oil and gas business in 2010 and was chief operating officer of production for three years before becoming chief executive of bp’s upstream in 2016. In that role, he oversaw significant improvements in safety and performance by embracing digital and agile ways of working.

Bernard grew up on a small farm in Ireland, has a degree in electrical engineering from University College Dublin and a masters in management from Stanford Graduate School of Business.

Outside bp, he is a member of the steering committee for the Council of Inclusive Capitalism; a member of the UK Government’s Build Back Better Business Council; a fellow of the Royal Academy of Engineering and a fellow of the Energy Institute. He is also a mentor in the FTSE 100 Cross-Company Mentoring Executive Programme and an ambassador for 25 x 25, an initiative aimed at improving the gender balance among the leadership of FTSE companies. 

How do I contact Bernard Looney?

The corporate mailing address for Mr. Looney and other BP executives is 1 ST JAMES`S SQUARE, LONDON X0, SW1Y 4PD. BP can also be reached via phone at 442074964000 and via email at [email protected]. Learn More on Bernard Looney's contact information.

Has Bernard Looney been buying or selling shares of BP?

Bernard Looney has not been actively trading shares of BP during the past quarter. Learn More on Bernard Looney's trading history.

Who are BP's active insiders?

BP's insider roster includes Murray Auchincloss (CEO & Director), and Bernard Looney (CEO & Director ). Learn More on BP's active insiders.

Bernard Looney Insider Trading History at BP

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Bernard Looney Buying and Selling Activity at BP

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BP Company Overview

BP logo
BP p.l.c. provides carbon products and services. The company operates through Gas & Low Carbon Energy, Oil Production & Operations, and Customers & Products segments. It engages in the production of natural gas, and integrated gas and power; trading of gas; operation of onshore and offshore wind power, as well as hydrogen and carbon capture and storage facilities; trading and marketing of renewable and non-renewable power; and production of crude oil. In addition, the company involved in convenience and retail fuel, EV charging, Castrol lubricant, aviation, B2B, and midstream businesses; refining and oil trading; and bioenergy business. The company was founded in 1908 and is headquartered in London, the United Kingdom.
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Today's Range

Now: $29.72
Low: $29.25
High: $29.73

50 Day Range

MA: $30.92
Low: $28.16
High: $33.14

2 Week Range

Now: $29.72
Low: $27.82
High: $40.40

Volume

16,067,801 shs

Average Volume

8,641,001 shs

Market Capitalization

$8.04 billion

P/E Ratio

31.28

Dividend Yield

6.44%

Beta

0.65