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BP's new chairman demands faster restructuring, more asset sales to fix debt and profitability.
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.
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.
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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El nuevo presidente de BP exige una reestructuración más rápida, más ventas de activos para reparar la deuda y la rentabilidad.