BP appoints Big Oil's first female CEO to continue shift away from renewables
PositiveFinancial Markets

- BP has appointed Meg O'Neill as its new CEO, effective April 1, marking a significant milestone as she becomes the first female chief executive in the company's history. O'Neill, previously leading Woodside Energy, is expected to steer BP's focus back to its core oil and gas operations.
- This leadership change comes at a critical time for BP, as the company seeks to enhance its competitive edge in the oil and gas sector, particularly in light of recent challenges and investor pressures for improved performance.
- The appointment of O'Neill reflects broader trends within the energy industry, where major players like BP and Shell have faced difficulties in transitioning to renewable energy, prompting a reevaluation of their strategies and a renewed emphasis on traditional energy sources.
— via World Pulse Now AI Editorial System





