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Woodside Energy's Meg O'Neill Named BP CEO As Murray Auchincloss Exits
Forbes· 2025-12-17 23:35
Core Insights - BP has announced the unexpected departure of CEO Murray Auchincloss, with Meg O'Neill from Woodside Energy set to take over as the first female CEO in April 2026 [2][3] - Auchincloss's tenure lasted less than two years, following the resignation of his predecessor Bernard Looney after three years, indicating instability in BP's leadership [3] - O'Neill's appointment is seen as a move towards stabilizing BP's leadership and enhancing its growth potential [3][7] Leadership Transition - Until O'Neill assumes her role, Carol Howle will serve as interim CEO, while Auchincloss will remain in an advisory capacity until December 2026 to facilitate a smooth transition [4] - Auchincloss expressed confidence in BP's future growth under O'Neill's leadership, highlighting the company's readiness for significant growth [5] Meg O'Neill's Background - O'Neill has been CEO of Woodside Energy since 2021, during which she transformed the company into the largest energy firm on the Australian Securities Exchange [5][6] - Her notable achievements include overseeing the acquisition of BHP Petroleum International, which diversified Woodside's portfolio [6] - Prior to Woodside, O'Neill spent 23 years at ExxonMobil in various technical and leadership roles [6] Strategic Vision - BP's chairman Albert Manifold emphasized O'Neill's track record in driving transformation and disciplined capital allocation, aligning with BP's goal to become "a simpler, leaner, and more profitable" company [7] - O'Neill expressed her commitment to enhancing BP's performance, safety, innovation, and sustainability to meet global energy needs [8] - The company faces challenges, including underperforming share prices and pressure from activist investors [8]
BP appoints Meg O'Neill as CEO
Reuters· 2025-12-17 22:11
Oil and gas major BP on Wednesday appointed Meg O'Neill as its chief executive officer, effective April 1, 2026, as Murray Auchincloss stepped down from the role. ...
ASX Market Open: Aimless day for Aussie bourse again; Wall Street tech falls | Dec 18
The Market Online· 2025-12-17 21:29
Join our daily newsletter At The Bell to receive exclusive market insightsASX today – We may well end W51 without much of anything really changing, considering Australian shares are again heading for a very flat open. Right now, at time of writing, there’s barely even a point’s change in futures.Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.It’s arguably impressive that Australian traders are keeping t ...
Roundup: River Center / Oil drilling / Academy Awards
Baton Rouge Business Report· 2025-12-17 21:12
Distinction: The Raising Cane’s River Center has been named to Pollstar’s Top 200 Arenas Worldwide, as featured in Pollstar’s 2025 Year End Report, ranked by ticket sales. Notably, the ticket sales reflected in the ranking do not include home games for the River Center’s tenant hockey team, the Baton Rouge Zydeco, whose attendance would further elevate the venue’s overall ticket sales totals. Fiscal pressure: A Republican push to make drilling cheaper on federal land is creating new fiscal pressure for stat ...
How U.S. takes action on Venezuelan oil tankers is key, says RBC's Croft
Youtube· 2025-12-17 20:42
So, how does all of this ultimately though play out. Helma Croft is MD and head of global commodity strategy at RBC Capital Markets. Helma, the key word here, sanction, right.This is not all oil coming Venezuela. It's not from Venezuela. It's not a complete blockade of all of Maduro's oil.So, how much do we think it is. And what kind of damage might it do. >> Well, it's certainly not the 250,000 barrels a day that Chevron exports from Venezuela.So, we're talking about the remainder. Are we talking about 5 t ...
NUAI Announcement: If You Have Suffered Losses in New Era Energy & Digital, Inc. (NASDAQ: NUAI), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
Globenewswire· 2025-12-17 19:42
NEW YORK, Dec. 17, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of New Era Energy & Digital, Inc. (NASDAQ: NUAI) resulting from allegations that New Era Energy & Digital may have issued materially misleading business information to the investing public. SO WHAT: If you purchased New Era Energy & Digital securities you may be entitled to compensation without payment of any out of pocket fe ...
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds As U.S. Puts More Pressure On Venezuela
FX Empire· 2025-12-17 18:38
EnglishItalianoEspañolPortuguêsDeutschالعربيةFrançaisImportant DisclaimersFXEmpire is owned and operated by Empire Media Network LTD., Company Registration Number 514641786, registered at 7 Jabotinsky Road, Ramat Gan 5252007, Israel. The content provided on this website includes general news and publications, our personal analysis and opinions, and materials provided by third parties. This content is intended for educational and research purposes only. It does not constitute, and should not be interpreted a ...
Major U.S. Stock Indexes Slip; Oil Rises on Trump Order of Venezuela Blockade
Yahoo Finance· 2025-12-17 17:40
- Brendan Mcdermid/Reuters Oil prices rose after President Trump ramped up pressure on Venezuela, ordering a blockade of sanctioned tankers entering and exiting the country. Brent crude futures moved higher toward $60 a barrel, after skidding Tuesday. Shares of energy companies, including Exxon Mobil, BP and Shell, rallied. Most Read from The Wall Street Journal The Nasdaq composite lost ground Wednesday, falling more than 1% with Nvidia, Broadcom and Oracle all down on the day. The Dow industrials su ...
XOP: It Might Be Time To Test The Waters, After A Lazy 2025
Seeking Alpha· 2025-12-17 17:39
I'm quite tired of this "AI trade" narrative, and therefore decided to visit a relatively docile corner of the market (at least for the moment), namely oil and gas stocks. I'm of the view that staying out of the headlinesPearl Gray is a proprietary investment fund and independent market research firm. We primarily focus on Fixed-Income and Capital Flows. However, our Seeking Alpha readers can expect a cross-asset blend, extending to analysis of equity REITs (including Preferred Shares), Investment Fund Appr ...
Dallas Fed energy survey says oil and gas production was little changed in Q4
Reuters· 2025-12-17 17:38
Oil and gas activity in the key producing states of Texas, Louisiana and New Mexico edged lower in the fourth quarter, as executives there expressed concern about weak oil prices that are making some wells noneconomic and ongoing geopolitical uncertainty, according to a survey released by the Federal Reserve Bank of Dallas on Wednesday. ...