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Former finance chief to replace Bernard Looney, who abruptly resigned from energy group last year

Murray Auchincloss defends company’s performance despite steep drop in profits

Oil group needs to move swiftly in appointing a successor

Oil major’s shares climb 6% as new chief announces plan to deliver ‘higher value’ group

Results are the first since Murray Auchincloss was made permanent chief executive last month

London hedge fund Bluebell calls for abandonment of ‘irrational strategy’ that has ‘depressed value’

Legal & General is ‘deeply concerned’ by decision to pivot back to oil and gas

If its shift to renewables was premature, its return to oil may also prove ill-timed

Project with partners shows energy groups maintaining focus on demand for the fuel