Eurasia Journal News

BP Plans To Invest $1.5 Billion In The Development Of The Oil And Gas Industry In Egypt

The company’s chief executive, Murray Auchincloss, is also interested in the possibility of investing an additional $5 billion in this area in the future. The British company British Petroleum (BP) intends to invest at least 1.5 billion in the development of the oil and gas sector of the Egyptian economy. …

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Eurasia Journal News

The Heads of Eni and BP Believe That the World Needs Investment in Oil and Gas Now

Eni CEO Claudio Descalzi said it is dangerous to talk about peak oil demand before 2030 Global demand for oil and gas remains, and talk about its peak occurring before 2030 is dangerous, as it will lead to a decrease in investment and rising prices, says Claudio Descalzi, head of …

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Eurasia Journal News

BP Chief Financial Officer Brian Gilvary to Retire and be Succeeded by Murray Auchincloss

The board of BP p.l.c. today announced that Brian Gilvary, BP chief financial officer (CFO), has decided to retire from the company and step down from the BP board on 30 June 2020. Gilvary has had a 34-year career with BP, including over eight years as CFO. He will be succeeded by Murray …

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