BP CEO Meg O'Neill announced asset disposals including North Sea operations and biogas unit Archaea to accelerate debt reduction amid record oil profits. She advised the UK government that domestic No
BP reported record quarterly profits of $5.73bn, doubling due to Middle East tensions driving oil prices higher. Competitors Shell and Aramco also posted record earnings, sparking criticism over soari
BP CEO Meg O'Neill announced a strategic shift to prioritize financial discipline and cut capital spending, refocusing the company on core oil and gas investments following an unsuccessful push into r
BP Executive Vice President William Lin will depart in the third quarter as CEO Meg O’Neill restructures senior management following the unexpected dismissal of Chairman Albert Manifold.
BP Plc removed Chairman Albert Manifold over governance concerns, causing shares to fall 6.4%. The board supports CEO Meg O'Neill's strategy to refocus on core oil and gas operations.
BP CEO Meg O'Neill announced a restructuring into upstream and downstream units starting in June, refocusing on oil and gas investment. The plan aims to simplify the organization after investor critic
BP Plc reported adjusted net income more than doubled to $3.2 billion in Q1, driven by surging oil trading profits amid the Iran conflict. This financial boost aids CEO Meg O'Neill in addressing debt
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