"It is difficult to pigeonhole, for example, an openly gay woman tasked with definitively reversing the green strategy that BP undertook in recent years. Meg O'Neill (Colorado, 55 years old) will take on the role of the company's CEO in April. She will be the first woman ever to lead one of the world's five largest petroleum companies, and the first external hire to direct the company in its 115 years of existence."
"In early 2023, under pressure due to mediocre earnings, the company significantly cut its planned investments in renewable energy and announced a shift toward strengthening its traditional oil and gas business. Its rivals, Shell and Norway's Equinor, have also scaled back their plans to invest in green energy, and Donald Trump's call to drill, baby, drill has encouraged many companies to invest in fossil fuels."
"O'Neill has described herself as a stern and direct person who doesn't beat around the bush. She is married to Vicky Hayes, with whom she has an adolescent daughter. In an interview with The West Australian, she spoke about her process of coming out in the petroleum industry as having its highs and lows. I think that it is important, as a gay woman in a position of high responsibility,"
Meg O'Neill will become BP's CEO in April, the company's first female and first external chief executive in its 115-year history. She replaces Murray Auchincloss, who served after Bernard Looney's abrupt 2023 exit over a lack of transparency about personal relationships. The leadership change coincides with a strategic reassessment at BP after cuts to planned renewable investments and a renewed focus on oil and gas. Rival companies have also scaled back green plans, and political signals encouraged fossil-fuel investment. O'Neill led Woodside Energy's merger with BHP Group's oil and gas portfolio and is expected to align with the new strategy. She is openly gay, married to Vicky Hayes, and has discussed the highs and lows of coming out in the petroleum industry.
Read at english.elpais.com
Unable to calculate read time
Collection
[
|
...
]