BP chief executive Bernard Looney sees pay doubled after record profit of €23bn

This is the second consecutive year in which the Kerryman's pay has doubled

BP CEO Bernard Looney (Photo by Daniel LEAL / AFP) (Photo by DANIEL LEAL/AFP via Getty Images)

BP Chief Executive Officer Bernard Looney was paid £10m (€12m) in 2022, more than double compared to the previous year as the company posted a record profit on surging oil and gas prices.

The Kerry native took over as chief executive of BP from Bob Dudley in February 2020, with Looney's three years as CEO being called the "most challenging" for the company.