BP CEO denies breakup talks after media report

By Reuters News

- BP BP.L CEO Meg O'Neill on Friday categorically denied that there have been conversations about breaking up the British major.

The comments come after a Semafor media report this week said some BP board members are in favour of a breakup of the company, citing people familiar with the matter. O'Neill said discussions she has had with the board about the strategic direction of the group reaffirm the imperative of having an integrated oil and gas company.

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.
The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.
To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.