Content Tagged As hayward

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  • BP's Hayward says company unprepared for oil spill

    November 9, 2010 10:21 AM

    LONDON (AP) - Former BP PLC chief Tony Hayward says the company was unprepared for the Gulf of Mexico oil spill and the media scrutiny, forcing it to improvise solutions. In an interview with the BBC to be broadcast Tuesday, Hayward says the contingency plans were inadequate and "we were... more »
  • Spill panel: No evidence of saving $ over safety

    November 8, 2010 10:22 PM

    WASHINGTON (AP) - The BP oil rig explosion and spill wasn't about anyone purposely trading money for safety, investigators on a special presidential commission said Monday. Instead it was more about seemingly acceptable risks adding up to disaster. Investigators at the commission's hearing outlined more than a dozen decisions that... more »
  • Tony Hayward Defended His Company's Safety Record

    September 15, 2010 11:43 AM

    LONDON (AP) - Outgoing BP CEO Tony Hayward defended his company's safety record Wednesday in the face of questions from British lawmakers, and said the Gulf of Mexico oil spill should not lead to a universal ban on deepwater drilling. Hayward gave evidence to a British parliamentary committee, months after... more »
  • BP Confirms Hayward's Departure as CEO

    July 27, 2010 6:48 AM

    LONDON (AP) - BP says Tony Hayward will step down as chief executive officer on Oct. 1 to be succeeded by American Robert Dudley. In a statement accompanying its earnings update today, BP says the decision was made by "mutual agreement." Currently BP's managing director, Dudley grew up partly in... more »
  • Hayward Will Step Down In October

    July 26, 2010 3:41 PM

    NEW ORLEANS (AP) - 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 be offered a job with the company's joint venture in Russia, a person familiar with the matter said Monday. The... more »
  • Apology to BP's Hayward triggers uproar

    June 17, 2010 4:14 PM

    WASHINGTON (AP) - Republican Rep. Joe Barton of Texas is issuing an apology - of sorts - about his apology to oil company BP. Barton had complained at a hearing earlier Thursday that the Obama administration was forcing BP to set up a $20 billion "slush fund" for oil spill... more »
  • Tony Hayward tells Congress he was "deeply sorry"

    June 17, 2010 11:44 AM

    WASHINGTON (AP) - BP's humbled CEO sat grim-faced Thursday as a House chairman accused him of being oblivious to the risks of the company's deep water operations. Tony Hayward waited his turn to tell Congress he was "deeply sorry" for his company's catastrophic oil disaster in the Gulf of Mexico.... more »

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