British Petroleum's (BP) chief executive is stepping down.
Bob Dudley has been with the oil company for the last 40 years.
The last nine years of his time were spent as chief executive.
Bernard Looney is set to take Dudley’s place at the helm of BP.
Tesco and Imperial Brands announced last week that their bosses were stepping aside as well.
OPEC+ agrees fourth oil quota hike since Hormuz closure
OPEC+ agreed on Sunday a fourth increase in its oil output targets in as many months, OPEC said in a statement, even though the US war with Iran is still preventing several of the group's members from pumping more.
Global airlines slash 2026 profit forecast on fuel shock from Iran war
The global airline industry nearly halved its 2026 profit forecast on Sunday, citing conflict in the Middle East that has driven up fuel costs, disrupted key air corridors and exposed the fragility of a sector operating on thin margins.
UAE highlights energy, food and digital priorities at EBRD annual meeting
The UAE has used a major international development forum in Latvia to call for stronger global cooperation on energy security, food resilience and digital infrastructure.
UAE ranked world's most sought-after for real estate investment
The UAE has been ranked as the top property investment destination amidst regional tensions, according to a new global survey commissioned by Arada.
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