💥 Fed cuts sparks mid cap boom! ProPicks AI scores with 4 stocks +23% each. Get October’s update first.Pick Stocks with AI

BP names new head of wind power business

Published 04/03/2019, 16:42
Updated 04/03/2019, 16:45
© Reuters. Logo of BP is seen at a petrol station in Kloten
BP
-
SHEL
-

By Ron Bousso

LONDON (Reuters) - The head of BP's wind energy business Laura Folse will retire at the end of month, three years after taking the role, according to an internal email seen by Reuters.

Folse, who joined BP (LON:BP) in 1982, will be replaced by Al Vickers, currently head of technical operations across BP's oil and gas, or upstream, business, the memo said. He will be Houston based.

BP's wind division includes 11 onshore wind farms in the United States and is one the biggest renewable energy businesses among the world's top oil and gas producers. It has a generating capacity of approximately 1,800 megawatts.

"Laura has been instrumental in significantly increasing the performance of the business, driving a culture of safety and compliance, and leading the industry in operational and industrial metrics," Dev Sanyal, BP's head of alternative energy, said in the email, provided by a company spokesman.

© Reuters. Logo of BP is seen at a petrol station in Kloten

London-based BP, and its European peers including Royal Dutch Shell (LON:RDSa) and Total, are trying to rapidly grow their renewable operations as economies seek to reduce their greenhouse gas emissions to fight climate change.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.