BP Gets a New Leader: What's Next for the Oil Giant?

BP is shaking things up with a new boss. Meg O'Neill, who's been running Woodside Energy in Australia, is stepping into the big chair. This makes her the first woman to lead a major oil company worldwide. The change comes fast. Murray Auchincloss, the current CEO, is leaving after less than two years. He took over from Bernard Looney, who had to go because he didn't tell the truth about his personal relationships with coworkers. That's a big no-no in the business world. O'Neill isn't starting from scratch. She's got experience. She grew Woodside Energy into Australia's largest energy company listed on the stock market. Before that, she spent over two decades at ExxonMobil, climbing the ranks in technical and leadership roles.But why the change? BP is facing pressure. Some investors want the company to focus more on oil and gas, not renewable energy. This shift comes as other big names in the industry, like Shell and Equinor, are also pulling back on green energy investments. Even U. S. President Donald Trump's push for more drilling is influencing the industry's direction. O'Neill says she wants to bring BP back to the top. She's talking about safety, innovation, and sustainability. But with the company cutting back on renewable energy, it's clear that BP is betting big on fossil fuels for now.