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BP p.l.c. (NYSE:BP) has selected Susan Dio as the chairman and president of its vast operations in the United Sates.
Since early 2013, John Minge has been leading the company's U.S business. He will be succeeded by Dio from May 1 onward.
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The British energy giant manages a large-scale business in the United States including both upstream and downstream activities. The company also focuses on renewable energies in the country. Notably, since 2005, the company has hitherto spent more than $100 billion for all its U.S activities.
With Susan Dio's election, BP is going to hand over the reins of responsibility of its vital US operations to a woman for the first time. During 2017, the company's businesses in the United States contributed to $88.7 billion, representing nearly 34% of the total sales and other operating revenues.
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Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.