BP Nominates Dotzenrath to Lead Renewable Energy Growth After Sanyal Departure


London — BP appoints former CEO of RWE Renewables, Anja-Isabel Dotzenrath, to renewable energy for UK companies after BP’s low-carbon and natural gas director Dev Sanyal unexpectedly resigns Oversaw the rapid expansion of.

The appointment of Dotzenrath takes place as BP, under the leadership of CEO Bernard Looney, is about to grow its renewable energy business rapidly and shift away from oil.

Dotzenrath is an electrician with over 25 years of advanced energy experience. She helped RWE Renewables grow into one of the world’s largest renewable energy companies and become the world’s second largest offshore wind farm.

Sanial, who joined BP 32 years ago, will become CEO of Carlyle Group and Vitol-owned European refiner Varo Energy, expanding its focus on low-carbon energy, the company said in another statement.

“By choosing an executive vice president to lead a gas and low-carbon energy business with a proven track record in renewable energy and no oil and gas experience, BP confirmed its ambitions for renewable energy, Jeffreys analyst, Giacomo Romeo said in a memo.

Sanyal’s resignation came 19 months after Bernard Looney became BPCEO with an ambitious strategy to turn an oil and gas company into a major renewable energy and utility company.

Sanyal was one of three executives elected to replace former CEO Bob Dudley and former Chief Financial Officer Brian Gilvary, company sources told Reuters earlier.

In July 2020, Sanial was appointed responsible for natural gas and low carbon as part of an overhaul of a large company. BP said he would take over his responsibilities in the fourth quarter of 2021.

British and Indian citizens have overseen major investments in recent months, including US and British offshore wind projects.

He previously led BP’s alternative energy business and oversaw BP’s acquisition of a 43% stake in lightsource BP, a leading solar power company.

Ron Busso

Reuters

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