PARTNER CONTENT
✕
OIL & GAS

BP CEO takes pay hit as profits drop, doubles down on oil & gas

Auchincloss’ bonus slashed as BP pulls back on renewables

Rueben Hale
BP CEO Murray Auchincloss faces a pay cut as the energy giant navigates falling profits, operational hurdles, and a strategic shift back to oil and gas.

BP CEO Murray Auchincloss faces a pay cut as the energy giant navigates falling profits, operational hurdles, and a strategic shift back to oil and gas. | Credits: ENB

BP boss Murray Auchincloss has seen his pay packet slashed, with total remuneration tumbling from £7.74 million in 2023 to  £5.4 million this year. This is as the energy giant grapples with falling profits,...

Start a free trial to continue reading this article

Already have an account?

Subscribe now
RELATED ARTICLES
MORE ON THIS TOPIC

FROM OUR PARTNERS

View more
PARTNER CONTENT

The time to secure Australia's energy future

PARTNER CONTENT

GeoVentus and ALARP Solutions join forces to support the resources sectors

MOST POPULAR
1
POLICY

Chevron HQ "confused and frustrated" by Aus energy policies

2
OPERATIONS

Director of Public Prosecutions now examining file on death of Michael Jurman

3
OPERATIONS

Woodside puts faith in govt's approval of NWS extension

4
OPINION

Opinion: Progress at last in the investigation into the death of Michael Jurman

RESEARCH

lock Premium subscribers only

View more

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

Future of Energy: The Role of Batteries Report 2026

The role of batteries and storage in Australia’s energy transition

editions

Future of Energy Report: Nuclear Power in Australia 2024

Energy News Bulletin’s new report examines what the energy and resources industry thinks of the idea of a nuclear-powered Australia.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

Content
About
Solutions
Legal

THE ASPERMONT BRAND PORTFOLIO

Copyright © 2026 Aspermont Ltd. All rights reserved, including those for text and data mining, AI training, and similar technologies. Aspermont Limited (ABN 66 000 375 048), Level 33, 152-158 St Georges Terrace, Perth WA 6000

Login