BP BP.L will reorganise into two main business units – upstream and downstream – under new CEO Meg O’Neill, who took the helm on April 1 to become the oil major’s fifth chief since 2020, a spokesperson said on Tuesday.
“In service of becoming a simpler, stronger, more valuable BP, we intend to build an organisation with a clear upstream and downstream,” the spokesperson said, confirming an earlier Financial Times report about the change.
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Source: Reuters | Published: 2026-04-14T12:40:48Z
Credit: Reuters
