Core Insights - BP has appointed Meil, the former CEO of Woodside, as its new CEO, replacing Murray Orin Clauss, who served for less than two years [1] - Orin Clauss will step down immediately, with Carol Howell serving as interim CEO until Meil officially takes over on April 1 [1] - This leadership change reflects BP's strategy reset under the new chair, Albert Manifold, and indicates a shift towards a more dynamic leadership approach [2][4] Leadership Transition - Meil will be the first outsider and the first woman to lead BP in its 116-year history, marking a significant departure from the company's traditional leadership model [4] - Orin Clauss had indicated openness to stepping aside for a leader who could accelerate BP's strategic initiatives, suggesting his role was transitional [3] Meil's Background and Vision - Meil has two decades of experience at Exxon Mobil and Woodside, where she gained a reputation for strong capital discipline [5] - In discussions about energy demand, Meil emphasizes the importance of balancing reliability, affordability, and sustainability, particularly in the context of LNG [6][7] - The forecast predicts a 50% growth in LNG demand over the next decade, highlighting its critical role in meeting energy needs, especially in North Asia and Northern Europe [8]