Looney's plan to slash oil and gas production by 40 per cent by 2030 spooked investors and made BP an outlier among its UK and US peers.
Shell's shares have risen 40 per cent in the same time frame to £26.37, but BP's stock has fallen almost 1 per cent to £4.47.
Sun sets on woke: BP chief Murray Auchincloss is set to turn his back on his predecessors' green agenda and refocus on fossil fuels instead.
If Auchincloss disappoints the markets this week, speculation that BP could be a takeover target for Shell, Chevron or ExxonMobil will intensify, as will doubts over his stewardship.
BP boss Murray Auchincloss this week faces a make-or-break meeting with investors that will determine his future – and that of the oil giant itself.
