Wires

BP sets net zero carbon target for 2050

Ron Bousso and Shadia Nasralla

LONDON, Feb 12 (Reuters) - Oil and gas major BP said on Wednesday it would become a net zero carbon emitter by 2050, setting one of the industry's most ambitious climate targets.

The London-based company also announced a structural reorganization, with a new leadership team including a "more integrated entity," dismantling the century-old separation of its upstream and downstream operations.

(Reporting by Shadia Nasralla, editing by Louise Heavens)