BP has appointed Meg O'Neill as its chief executive, making her the first female boss of a major oil giant.

Meg O’Neill of Australia’s Woodside Energy will lead the London energy giant, replacing Murray Auchincloss, who will exit after less than two years in the role.

BP’s chief executive has stepped down after less than two years in the role, to be replaced by the head of Woodside Energy, Meg O’Neill.