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BP's New CEO Pledges Consistency as Company Tries to Rebuild Investor Trust

O'Neill inherits a company with $750 million in quarterly buybacks scrapped as BP faces debt, weak shares and pressure to simplify its portfolio.

Summary by Oil Price
BP's new chief executive officer Meg O'Neill has pledged consistency and clear direction in her first message to staff as she takes over the top job at the UK-based supermajor effective April 1, amid very turbulent times for both the company and the energy industry. “I’m committed to providing clear direction and consistency so we can move forward together with confidence,” O’Neill told staff in her first message as CEO, the Financial Times repo…

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Transport Topics broke the news in on Tuesday, March 31, 2026.
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