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British energy giant BP has announced that Meg O’Neill, currently the chief executive of Australia’s Woodside Energy, will take over as its new chief executive. She will replace Murray Auchincloss, who is stepping down after serving in the role for less than two years.
O’Neill’s appointment signals BP’s intent to bring fresh leadership and a strong track record in the energy sector. The transition is expected to be smooth, with O’Neill slated to assume her duties in the coming weeks.