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Posts on ‘March 5th, 2008’

Daily Telegraph: BP bosses miss out on £10.7m bonuses

Last Updated: 1:30am GMT 05/03/2008 By Russell Hotten BP’s top executives have missed out on share bonuses worth a potential £10.7m after the company’s dreadful performance in 2007. Chief executive Tony Hayward failed to qualify for up to £2.3m in share options after a troubled year in which his predecessor Lord Browne resigned and BP […]

The Times Online: BP chiefs share £10m despite profits plunge

March 4, 2008 Dearbail Jordan BP’s executive directors last year took home nearly £10 million in pay and bonuses after reporting a 22 per cent profit fall despite record oil prices Lord Browne of Madingley, who resigned as BP’s chief executive at the beginning of May after lying in court, received a total £2.7 million […]

The Guardian: Big energy firms play it dirty

Julia Finch Wednesday March 5 2008 Their audacity knows no bounds. The power companies are threatening to scale down their investments in green power projects if the government introduces a windfall tax on their high earnings. Obviously, they are not putting it that bluntly – choosing instead to demand a “stable, predictable investment climate” to […]

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