Last updated: 1 July 2020 at 11:00am EST. Irish man Bernard Looney appointed CEO of oil giant BP. Bernard Looney Net Worth The Rosneft segment engages in the exploration and production of hydrocarbons, as well as jet fuel, bunkering, bitumen, and lubricants activities. Bernard Looney Net Worth The company also produces ethanol, bio-isobutanol, bio-power, and solar energy; transports hydrocarbon products through time-chartered and spot-chartered vessels; and holds interests in wind sites. In 2009 he became the managing director of BP’s North Sea business in the UK and Norway. Bernard Looney Net Worth Bernard Looney biography. Early life. He is responsible for the Upstream segment which consists of exploration, development and production. There are no executives at BP Plc getting paid more. Personal life. Bernard Looney is Chief Executive Officer at BP PLC. In 2009 he became the managing director of BP’s North Sea business in the UK and Norway. Bernard Looney Net Worth We live on the planet as well. The Energy Intelligence Group has interpreted him as an MBA graduate from Southern Methodist University and a bachelor graduate from the University of Illinoismajoring in Chemical engineering. Bernard Looney is 50, he's been the Group Executive Officer and Executive Director of BP plc since 2020. Bernard joined BP in 1991 as a drilling engineer, working in the North Sea, Vietnam and the Gulf of Mexico. Last updated: 1 December 2020 at 11:00am EST. We care at BP. Looney will be entitled to a cash allowance in lieu of pension equal to 15 per cent of base salary. It operates through three segments: Upstream, Downstream, and Rosneft. In 2005 he became senior vice president for BP Alaska before becoming head of the group chief executive’s office in 2007. The Upstream segment is involved in the oil and natural gas exploration, and field development and production; midstream transportation, storage, and processing; and marketing and trading of liquefied natural gas (LNG), biogas, power, and natural gas liquids (NGLs). This segment also owns and operates 13 refineries in Russia; and approximately 3,000 retail service stations in Russia and internationally. Bernard Looney Net Worth There are 17 older and no younger executives at BP plc. It offers gasoline, diesel, and aviation fuels; lubricants, and related products and services to the automotive, industrial, marine, and energy markets under the Castrol, BP, and Aral brands; and petrochemical products, such as purified terephthalic acid, paraxylene, acetic acid, olefins and derivatives, and specialty petrochemical products. See the complete profile on LinkedIn and discover Bernard’s connections and jobs at similar companies. Bernard Looney FREng (born 1970) is an Irish businessman and CEO of BP. He became executive vice president, developments in October 2010, and in February 2013 became chief operating officer, production, serving in the role until April 2016. Photo: Daniel Leal-Olivas/AFP via Getty Images. Last updated: 1 December 2020 at 11:00am EST. In 2005 he became senior vice president for BP Alaska before becoming head of the group chief executive’s office in 2007. Bernard Looney Net Worth Bernard Looney biography. Jack Quann 07.58 4 Oct 2019 Share this article. He is currently Chief Executive - Upstream of the Company. He is currently Chief Executive - Upstream of the Company. The leader and the CEO of BP, Bob, was born on 11 September 1955 in Queens, New York, USA. The world is going to need more energy. As the Group Executive Officer and Executive Director of BP Plc, the total compensation of Bernard Looney at BP Plc is GBX1,545,000. He is responsible for the Upstream segment which consists of exploration, development and production. CURRICULUM VITAE. Bernard Looney’s remuneration arrangements Annual salary of £1.3 million. Looney lives in central London, England. Bernard Looney serves as Group Executive Officer, Executive Director of the Company. Bernard has 1 job listed on their profile. He is responsible for the Upstream segment which consists of exploration, development and production. Last updated: 1 October 2020 at 11:00am EST. BP plc executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. British Petroleum (BP) has announced its next chief executive will be Irish man Bernard Looney. Bernard Looney serves as Group Executive Officer, Executive Director of the Company. Bernard Looney, 49, made huge share sales in … The Downstream segment refines, manufactures, markets, transports, supplies, and trades in crude oil, petroleum, and petrochemical products and related services to wholesale and retail customers. BP PLC engages in the energy business worldwide. BP Plc executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Bernard Looney is responsible for the Upstream segment which consists of exploration, development and production. Last updated: 1 December 2020 at 11:00am EST. Last updated: 1 August 2020 at 11:00am EST. The oldest executive at BP plc is Brendan Nelson, 70, who is the Non-Executive Independent Director. See Bernard Looney's compensation, career history, education, & memberships. The incoming chief executive of BP sold £7.8million of shares in the firm before his appointment was announced publicly. Not much is known about this genius’s early life and family; however, his father was a naval officer. Executive team member Bernard Looney’s big adventure with BP started as a graduate in Aberdeen in 1991. He is currently Chief Executive - Upstream of the Company. We have to do a better job," Looney says. BP PLC was founded in 1889 and is headquartered in London, the United Kingdom. Last updated: 1 November 2020 at 11:00am EST. Provisions relating to bonus opportunity, bonus deferral and performance shares are all in accordance with BP’s 2017 remuneration policy as approved by shareholders. He sold BP shares worth £7.8 million in February and April 2019. At the same time, Bernard became a member of the Oil & Gas UK Board. There are 17 older and no younger executives at BP Plc. Bernard Looney serves as Group Executive Officer, Executive Director of the Company. He is responsible for the Upstream segment which consists of exploration, development and production. ew BP chief Bernard Looney today unveiled ambitious plans to make BP a net zero carbon emitter by 2050. Bernard joined BP in 1991 as a drilling engineer, working in the North Sea, Vietnam and the Gulf of Mexico. FREE Background Report. Bernard Looney Net Worth Bernard Looney Net Worth Check Reputation Score for Bernard Looney - View Criminal & Court Records | Photos | Address, Email & Phone Number | Personal Review | Income & Net Worth Bernard Looney serves as Group Executive Officer, Executive Director of the Company. Dudley, who has worked with BP for 40 years and held the position of CEO for almost a decade, will be replaced by BP's current upstream chief executive, Bernard Looney. Bernard joined BP in 1991 as a drilling engineer, working in the North Sea, Vietnam and the Gulf of Mexico. BP CEO Bernard Looney. At the same time, Bernard became a member of the Oil & Gas UK Board. The oldest executive at BP Plc is Brendan Nelson, 70, who is the Non-Executive Independent Director. View Bernard Looney’s profile on LinkedIn, the world’s largest professional community. Age: 48. He is currently Chief Executive - Upstream of the Company. Name: Bernard Looney. This segment also engages in the ownership and management of crude oil and natural gas pipelines; processing facilities and export terminals; and LNG processing facilities and transportation, as well as NGLs processing business. Bernard Looney is 50, he's been the Group Executive Officer and Executive Director of BP Plc since 2020. There are no executives at BP plc getting paid more. As the Group Executive Officer and Executive Director of BP plc, the total compensation of Bernard Looney at BP plc is $1,545,000. Last updated: 1 August 2020 at 11:00am EST. 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