Adam Whittaker

BP said its chairman would step down with immediate effect after issues related to governance standards, oversight and conduct were raised with the board.

BP said its chairman would step down with immediate effect after issues related to governance standards, oversight and conduct were raised with the board.

BP said its chairman, Albert Manifold, would step down with immediate effect after issues related to governance standards, oversight and conduct were raised with the board. Manifold took over

- Luke MacGregor/Reuters BP said its chairman, Albert Manifold, would step down with immediate effect after issues related to governance standards, oversight and conduct were raised with the board.

BP’s ousted chairman rejected characterizations that his conduct toward colleagues was abusive.

Aluminum prices haven't risen as much as crude oil, liquefied natural gas or fertilizer since the Middle East conflict began, but some industry experts warn its rally is far from done.

NdFeB alloy strips. USA Rare Earth is expanding its metal, alloy and magnet making operations in France. - SeongJoon Cho/Bloomberg News

Failure to get fertilizer supplies moving through the Persian Gulf risks worsening food shortages and triggering higher grain prices that could take time to come down.

Read this exciting story from The Wall Street Journal June 13, 2026 issue. Conflict in the Middle East is threatening to spike grain prices and exacerbate hunger among the world’s poor, says the chief executive of fertilizer manufacturer Fertiglobe.

The energy company will spend more on oil and gas projects in a bid to grow production and increase shareholder returns.