Helge Lund

4 results

BP’s incoming chief executive is Listowelnative Bernard Looney.

Irishman Bernard Looney has been named as incoming chief executive of oil giant BP, the second time this week that an Irish person has taken over at a(...)

Chris Finlayson, chief executive of BG Group, who departed post-profit warning. Photograph: F Carter Smith/Bloomberg

Britain’s BG Group rushed in its new chief executive nearly a month early on Monday after reporting a $6 billion writedown last week that underlined t(...)

Norway’s Statoil sold stakes in North Sea oil fields to Austria’s OMV yesterday, in a €2 billion deal, giving the former cash to develop new projects (...)

Austrian energy group OMV CEO Gerhard Roiss addressing a news conference in Vienna this morning. Norway’s Statoil sold stakes in North Sea oil fields to OMV on Monday, in a $2.65 billion deal giving the former cash to develop new projects and placing the latter on course to meet ambitious output targets. Photgraph: REUTERS/Heinz-Peter Bader

OMV, the biggest central European energy company, paid $2.65 billion (€2bn) to Statoil in its largest deal on record for stakes in four North Sea o(...)