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flag BP's new chairman demands faster restructuring, more asset sales to fix debt and profitability.

flag BP's new chairman, Albert Manifold, has called for urgent action to simplify operations, accelerate asset sales, and improve financial performance amid persistent challenges including high debt and low profitability. flag He emphasized that further divestitures may be needed to strengthen the balance sheet and boost shareholder value, even as the company continues its strategic pivot away from low-carbon energy. flag While no specific plans were detailed, Manifold stressed faster execution of the company’s restructuring efforts, reflecting ongoing pressure to enhance returns and capital discipline.

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