BP restructures to “close performance gap”

BP Chief executive Tony Hayward stated in a message to staff that the company’s operations will now be made up of two business segments, Exploration & Production and Refining & Marketing. BP’s current Gas, Power & Renewables segment will be incorporated into these segments, while a separate alternative energy division will handle BP's low carbon business and growth outside oil and gas.

BP hopes the restructuring will simplify how the company is run. The move follows a six-month review of the

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: