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News 2026-10-28 18:00 UTC

Exclusive: Some BP board members favor breakup of $129 billion oil giant

A breakup could lead to a reordering of the industry and prompt a backlash in the UK. Some board members of global oil-and-gas giant BP are in favor of breakup of the company, according to people familiar with the matter, following years of smaller spinoffs that have failed to assuage pressure from investors to boost r