BP CEO Meg O’Neill denies breakup talks after report that some board members favor a split

Semafor reported on October 28, citing people familiar with the matter, that some BP board members favored a breakup. It said no decision had been made and the full board had not formally discussed a breakup; a BP spokesperson called the report “categorically false.” On October 30, Reuters reported that CEO Meg O’Neill denied there had been breakup conversations and said her board discussions reaffirmed BP’s integrated oil-and-gas strategy.