LONDON – BP CEO Bernard Looney’s total renumeration 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.
($1 = 0.7614 pounds)
(Reporting by Shadia Nasralla; editing by Jason Neely)
