BP's Tony Hayward To Lose Control Of Gulf Operations

Energy

Published: June 18, 2010 1:21 pm

Last Updated: June 20, 2010 9:43 pm

According to SkyNews, Tony Hayward, CEO of BP plc will lose control over the company’s operations in the Gulf of Mexico, the site of the Deepwater Horizon disaster.

BP Chairman Carl-Henric Svanberg told the news service that Hayward “is now handing over the operation to Bob Dudley.” Dudley is a managing director of BP. “It is clear Tony has made remarks that have upset people,” Mr Svanberg said.

For some time it looked like Svanberg, who had been aloof and out of sight during the catastrophe, has pushed Hayward out instead. It was Svanberg who upset a number of Americans by calling Gulf residents “little people”. Either way, Hayward’s days seem to be numbered.

Douglas A. McIntyre

Travel Cards Are Getting Too Good To Ignore (sponsored)

Credit card companies are pulling out all the stops, with the issuers are offering insane travel rewards and perks.

We’re talking huge sign-up bonuses, points on every purchase, and benefits like lounge access, travel credits, and free hotel nights. For travelers, these rewards can add up to thousands of dollars in flights, upgrades, and luxury experiences every year.

It’s like getting paid to travel — and it’s available to qualified borrowers who know where to look.

We’ve rounded up some of the best travel credit cards on the market. Click here to see the list. Don’t miss these offers — they won’t be this good forever.