Bernard Looney resigned as CEO of BP on Tuesday over undisclosed relationships with colleagues. His ex-wife, Jacqueline Hurst, wrote in her 2021 book he ended their marriage in a text message.

BP's second-quarter profit slumped 70% from a year earlier to $2.6 billion, missing forecasts, as refining margins and oil trading income fell, but still allowing the energy giant to boost its ...

“BP has lost its way in recent years,” wrote Mr. Kelty, who is also a former BP employee. The most recent series of missteps followed the appointment of Bernard Looney as chief executive in 2020.