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  • BP confirms Hayward departure as CEO

    July 27, 2010 8:08 AM

    BP says Tony Hayward will step down as chief executive officer Oct. 1, to be succeeded by American Robert Dudley. In a statement accompanying its earnings update on Tuesday, BP says the decision was made by "mutual agreement." BP also reports it has taken a pretax charge of $32.2... more »
  • BP: Gulf oil spill costs have reached $1.25B

    June 7, 2010 9:13 AM

    BP says the cost of the company's response to the oil spill in the Gulf of Mexico has reached about $1.25 billion. The figure company announced the total in a news release Monday. BP says the figure does not include $360 million for a project to build six sand... more »
  • BP CEO: chemicals help cut oil flow to surface

    May 3, 2010 9:35 AM

    The chief executive of BP says crews have been able to reduce the amount of oil reaching the surface from a massive underwater gusher with a new approach of using chemicals at the gusher. CEO Tony Hayward also said BP is not responsible for the Gulf of Mexico drill rig... more »
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