BP’s ousted chair Albert Manifold has publicly rejected misconduct allegations and accused the company of pushing a false narrative, escalating tensions inside the energy major during a period of repeated leadership upheaval.

BP has ousted its chairman over what it called serious concerns related to “important governance standards, oversight and conduct.”

Albert Manifold has been ousted with immediate effect

The surprise move was made over 'serious concerns' related to governance and oversight

BP has removed Chair Albert Manifold citing governance and conduct issues amid allegations of misconduct, triggering fresh leadership turmoil at the company.