Tuesday, 04 August 2026 · World
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EUROS The World Financial Report
Nº 24 Tuesday, 04 August 2026 · World Edition
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BP boss is unsentimental in pruning portfolio and clear on North Sea advice to Burnham | Nils Pratley

Business | The Guardian · 1h ago
BP boss is unsentimental in pruning portfolio and clear on North Sea advice to Burnham | Nils Pratley

Meg O’Neill is overseeing rapid clearing of the decks at BP after strategic muddle of recent years, with ‘message’ for new PM BP boss urges Burnham to prioritise UK oil and gas Revealed: major oil firms make $93bn profits amid war and climate crisis BP will ignore “sentiment” and “history” in pruning its portfolio of assets, says its new-ish boss, Meg O’Neill . She demonstrated as much last week when putting the company’s 60-year-old North Sea oil and gas business up for sale , explaining on Tuesday that “it just doesn’t compete” in the internal battle for capital. Now comes a disposal that de

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