BP CEO pay package more than doubles to $5.9 mn

BP station

BP CEO Bernard Looney’s total remuneration in 2021 rose to 4.46 million pounds ($5.86 million) from 1.74 million, BP’s annual report published on Friday showed.

BP’s 2021 profits hit an eight-year high on higher oil and gas prices, after a loss the previous year which was marked by collapsing fuel demand due to coronavirus restrictions.