(Sharecast News) - BP is set to announce the decision of its chief executive officer to stand down from the post over the course of the next year.
On Saturday, Sky reported that the oil giant's CEO, Bob Dudley, was planning to retire within about 12 months.
An official announcement was possible by the end of 2019 or the end of October, alongside the company's third quarter results.
As of 1354 BST, shares of BP were trading 0.65% lower to 515.90p.