WHAT news of
At 54, and having had close to £30m clawed back or cancelled from various pay schemes as a consequence of his misconduct, retirement is an unlikely option. Nor, however, is another role at the helm of a publicly traded oil major a probable path - one former director of
A much likelier route for Looney is a role at the helm of a private equity-backed energy venture (there are plenty of them) or at one of the world's myriad stateowned oil companies.
Indeed, I hear that Looney has held talks with ADNOC, the
He insists, however, that no job is likely to arise from the discussions. Let's see, then, where Looney emerges next.
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