Albert Manifold has not taken long to influence events at BP. The timing surprised investors, but analysts hailed the move as evidence of a more hands-on approach from BP’s new chairman. That shift hints at a loss of confidence in BP’s internal succession options after years of strategic recalibration and share price underperformance. BP’s share price has recovered sharply, rising by about a third from its lows earlier this year, suggesting investors have warmed to a more hard-edged focus on cash flow, costs and returns. Translation: BP is done with half-measures, with green ambitions giving way to a tougher, US-style oil-and-gas-first agenda.

Source: The Irish Times December 20, 2025 19:47 UTC