Stay Connected

BP's Hayward to step down as chief executive

08/02/2010
By Paula Dittrick
BP PLC Chief Executive Tony Hayward agreed to step down from his post, effective Oct. 1, and he will be succeeded by Robert Dudley, executive director who is currently overseeing the Macondo oil spill response.The move was anticipated as BP works to seal the deepwater Macondo well, ending an oil spill in the Gulf of Mexico. Hayward will remain on the BP board until Nov. 30. BP also plans to nominate him as a nonexecutive director of BP's Russian joint venture TNK-BP.BP Chairman Carl-Henric Svanberg said, "The tragedy of the Macondo well explosion and subsequent environmental damage has been a watershed incident. BP remains a strong business. But it will be a different company going f...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.