What structural change has BP’s new CEO Meg O’Neill implemented to improve decision-making and responsiveness?

Meg O’Neill has moved at pace to simplify BP into two core businesses — upstream and downstream — with trading connecting both to create value.

How has BP responded operationally to the disruption caused by the US-Iran conflict, according to CEO Meg O’Neill?

According to O’Neill, BP’s trading and shipping arm worked with the refining team to respond constructively to the crisis, including delivering millions of liters of diesel from the US to Australia and producing more jet fuel at a plant in Spain.

BP CEO Says Oil Giant Needs to Make ‘Fewer and Better’ Choices

Jul 9, 2026

BP CEO Meg O'Neill plans to streamline operations by simplifying the company into upstream and downstream units to handle supply disruptions from the Middle East conflict. Elevated oil prices provide financial relief as she focuses on investments to regain trust.

bloomberg

2026-04-14

BP's new CEO to overhaul company into two units, FT reports

2026-07-09

BP CEO Says Oil Giant Needs to Make ‘Fewer and Better’ Choices

BP CEO Says Oil Giant Needs to Make ‘Fewer and Better’ Choices

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