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Latest Tony Hayward Items
BP chief executive Bob Dudley said the company is able to fight a lengthy court battle over the 2010 oil spill in the Gulf of Mexico.
Christine O'Donnell's TV-ad declaration "I'm not a witch" during her U.S. Senate campaign topped this year's best quotes, according to a Yale University librarian.
Eight months after the BP spill, Gulf Coast beaches may be clean, but local businesses are dying from a summer tourist season that was covered in oil. Unlike Tony Hayward, whose lack of sensitivity to victims was a national spectacle, BP claims czar Kenneth Feinberg so far has eluded criticism for his mishandling of a flawed claims system.
BP's incoming CEO fired the executive responsible for deep water wells like the one that blew out in the Gulf of Mexico and announced a new unit to police safety practices throughout the company.
The blown-out well at the bottom of the Gulf of Mexico could be pronounced dead in a matter of days.
In an internal report released Wednesday, oil giant BP PLC blamed itself, other companies' workers and a complex series of failures for the massive Gulf of Mexico oil spill and the drilling rig explosion that preceded it.
One hundred days after the rig explosion that set off the worst offshore oil spill in U.S. history, the oil giant behind it is hoping to move beyond the losses, the gaffes and the live video that ran for weeks of the busted well coughing up massive amounts of crude every second.
Battered BP began reinventing itself in the shadow of the Gulf of Mexico oil spill Tuesday, naming its first American CEO as it reported a record $17 billion quarterly 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.