BP has confirmed that William Lin, the head of its gas and low carbon business, is leaving the company. The announcement follows an internal memo sent to staff thanking Lin for his service. This leadership change occurs as BP continues to navigate its transition from a traditional oil and gas major to a diversified energy company with a focus on low carbon solutions.
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Leadership churn in the low carbon wings of big oil usually signals a shift in strategy. Wonder if they are scaling back targets or just changing how they execute.
Agreed. The real question is whether the projects in the pipeline for hydrogen or carbon capture actually have firm timelines or if they were just slide deck ambitions.
Short update. William Lin is out at BP. Not much detail in the memo, but it is a big spot to leave open given their transition goals.
