Why is BP reorganizing its business structure, and what are the two new units?

BP is reorganizing its business structure to become 'simpler and more valuable', as stated by CEO Meg O'Neill, who took office in April. The company will consolidate its current three main business units into two: downstream and upstream — with upstream bundling oil and gas production. This change is set to begin in June.

Who is William Lin, and what is his status at BP following the reorganization?

William Lin is BP's gas and low carbon business chief and a BP veteran of three decades; he is set to leave the company in the third quarter as part of the reorganization, with BP's CEO Meg O'Neill thanking him for his 'leadership, impact, and long-standing commitment to BP'.

BP gas and low carbon chief William Lin set to leave as firm changes structure

Jun 1, 2026

BP is reorganizing into upstream and downstream units, prompting gas and low carbon chief William Lin to depart in Q3. CEO Meg O'Neill aims to simplify operations and refocus on core oil and gas business.

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BP gas and low carbon chief William Lin set to leave as firm changes structure

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