BP (BP \ LN) loses head of EV Charging Martin Thomsen as it accelerates pivot back to oil and gas, FT reports

BP's loss of its head of EV Charging signals a potential reversal in strategy as the company pivots back to oil and gas.

Newsquawk StaffPublished On the live feed at 8 more headlines followed before this page went public
Newsquawk headlinesUTC

US Secretary of State Rubio says if Iran chooses to close the Strait of Hormuz after the military operation ends, it will have to face dire consequences, Al Jazeera reports

ECB reportedly has reservations about the banking credentials of BMPS (BMPS IM) board's CEO candidate, according to sources

BP (BP \ LN) loses head of EV Charging Martin Thomsen as it accelerates pivot back to oil and gas, FT reports

QatarEnergy signals that initial LNG output paves the way for Golden Pass LNG to ship its first cargo from Sabine Pass, Texas

Trump administration proposes giving employers legal protection to include alternative assets (private equity, real estate, digital assets) in retirement plans, Bloomberg reports

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.
Context

This could indicate a lack of confidence in the EV transition, possibly influencing investor sentiment and impacting the company's positioning within the energy sector. Watch for reactions in related commodities and equities, particularly in oil and gas markets.

Related headlines

The whole workspace, free to try.

Try it free