Amoco Corp.

Latest Amoco Corp. Items
  • ** FILE ** Protestors stand behind BP CEO Tony Hayward as he arrives on Capitol Hill in Washington on Thursday, June 17, 2010, to testify before the House Oversight and Investigations subcommittee on the role of BP in the Deepwater Horizon explosion and oil spill. (AP Photo/Haraz N. Ghanbari)

    BP's Hayward to leave as CEO; Russia job in works

    Tony Hayward, who became the face of BP's flailing efforts to contain the massive Gulf oil spill, will step down as chief executive in October and will be offered a job with the company's joint venture in Russia, a person familiar with the matter said Monday.

  • BP Chief Executive Officer Tony Hayward leaves the oil company's offices in London on Monday in the back of a car. He became the face of BP's failure to contain the Gulf of Mexico oil spill and will step down in October. (Associated Press)

    BP replaces CEO Hayward, makes record loss

    BP's embattled Chief Executive Officer Tony Hayward will be replaced by American Robert Dudley on Oct. 1, the company said Tuesday, as it reported a record quarterly loss and set aside $32.2 billion to cover the costs of the devastating Gulf of Mexico oil spill.

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