Former chief executive Tony Hayward and other BP officials, including current CEO Robert Dudley, did not receive an annual bonus for 2010 -- a year marked by a fatal disaster that fouled the Gulf of Mexico.
Most jobs are stressful. When you're an hour away from the deadline for that spreadsheet of "value-adding actionable items" and your boss is breathing down your neck, your anxiety level is going to be pretty high.
BP's internal investigation on the Gulf oil spill placed partial blame on other companies and contractors.
U.S. officials formally declared an end to the worst oil spill in U.S. history Sunday, a milestone that followed nearly five months of dashed hopes and blistering criticism of nearly everyone involved.
Tony Hayward faces tough questioning about BP's turbulent safety record and its future in British waters.
Outgoing BP Chief Executive Tony Hayward denied Wednesday that cost-saving was the reason his company put only one blowout preventer on the well that exploded in the Gulf of Mexico in April, leading to one of the worst oil spills in U.S. history.
Oil company BP shouldered some responsibility for the Gulf of Mexico oil disaster Wednesday after an internal investigation of the spill, but assigned much of the blame to contractors Halliburton and Transocean.
Outgoing BP chief executive Tony Hayward is defending his leadership of the company in the aftermath of the oil rig explosion that killed 11 workers and led to the worst offshore spill in U.S. history.
BP has pledged to learn from the oil spill in the Gulf of Mexico and to come away from the disaster with a renewed focus on safety.
Disasters have a unique ability to capture our attention, and as a result, they often serve as useful turning points in human history.
It's a fundamental rule of crisis management: Think with a little less head and a little more heart.
In trying to reassure people that BP was in control, CEO Tony Hayward was seen as putting his foot in his mouth.
Sen. Robert Menendez, D-New Jersey, announced Tuesday that the Senate Foreign Relations Committee has delayed a hearing scheduled for Thursday on the release of Abdelbaset Ali Mohmed al Megrahi, the Libyan man convicted in the 1988 bombing of Pam Am Flight 103.
Tony Hayward will step down as chief executive of BP, the company announced Tuesday, amid ongoing outrage over the oil spill in the Gulf of Mexico.
BP posted a massive quarterly loss of $17.2 billion Tuesday due to costs stemming from the Gulf of Mexico oil disaster.
Setbacks withstanding and weather permitting, crews in the Gulf of Mexico are back on track to permanently shut down BP's once-gushing wellhead in the next few weeks.
Outgoing BP Chief Executive Officer Tony Hayward declared Tuesday that the Gulf of Mexico oil well disaster represents a failure for the entire deepwater oil and gas drilling industry, not just for BP alone.
CNNMoney: Who is Bob Dudley?updated: Tue Jul 27 2010 04:44:00
So just who is Bob Dudley, the man named Tuesday to replace Tony Hayward as BP's chief?
British media reports say BP CEO Tony Hayward is stepping down, but the company says the board stands behind him.
BP is set to report its second-quarter financial results on Tuesday, and by anyone's measure it's been a bruising period for the company.
If embattled BP chief executive Tony Hayward leaves the company, he is not likely to walk with a massive windfall, compensation experts said.
BP's board is planning to meet Monday evening, as reports swirl about the imminent departure of embattled CEO Tony Hayward.
CNN's Fredricka Whitfield speaks with Keith Jones, whose son Gordon died on the Deepwater Horizon.
BP's beleaguered chief executive, Tony Hayward, is preparing to step down from his position within the next 10 weeks, the Times of London reported Tuesday, citing "sources" close to the company.
BP's stock has come roaring back in the past two weeks after hitting a 14-year low. But why? And is the nearly 25% surge enough to save embattled CEO Tony Hayward's job?
Video appears to show the containment cap on BP's ruptured undersea well bouncing up and down.
In his statement to a House subcommitte, BP CEO Tony Hayward says he regrets the negative impact of the Gulf oil spill.
A containment cap over the underwater gusher in the Gulf of Mexico resumed siphoning oil and gas to a surface vessel Wednesday night, according to BP.
Underwater video shows the containment cap being placed back onto the blowout preventer in the Gulf.
Two leaders have been called on to resign this week by critics and media analysts. Both men damaged their credibility by their own actions and no one else's.
Protesters on Tuesday briefly disrupted a London oil conference that BP boss Tony Hayward pulled out of a day earlier.
The opening letter from BP CEO Tony Hayward to the BP Code of Conduct reads: "If you are unsure of what to do in particular circumstances or concerned that the code is being broken, you have a responsibility to speak up. The code explains the mechanisms to do this . . . and the protections to ensure that retaliation against those who do speak up will not be tolerated."
The crisis in the Gulf keeps getting worse. And as senior management at BP struggles to find the solution to the daily discharging of thousands of gallons of oil, it also is struggling to deal with the worsening damage that is being done to the company and its reputation -- damage that threatens its very existence.
BP said Saturday that it has paid $104 million to residents along the Gulf Coast who have filed claims related to the Gulf oil spill.
A posh weekend at an annual yacht race off the coast of England has embattled BP CEO Tony Hayward once again treading water in social media, and tweeting a defense.
The Department of the Interior on Friday ordered oil and gas companies to submit information addressing the possibility of a well blowout and detailing the steps they are taking to prevent a blowout whenever they file for a drilling permit, exploration plan, or development plan.
Oil prices settled above $77 a barrel Friday after a day of choppy trading and continued concerns about oversupply of crude and slower global economic growth.
BP is clarifying comments Chairman Carl-Henric Svanberg made Friday in a broadcast interview, that BP Chief Executive Officer Tony Hayward will relinquish control over the company's daily operations in the Gulf of Mexico.
British commentators and media have been split by the performance of BP boss Tony Hayward before a Congressional committee investigating the Gulf Coast oil disaster.
Stocks erased losses to end higher Thursday as a rally in commodity and consumer shares helped investors to look past dour reports on jobs and manufacturing.
Lawmakers ripped into BP chief Tony Hayward on Thursday, accusing him of being ill-prepared for congressional testimony and not cooperating with an investigation into the Gulf of Mexico oil spill.
People can't laugh at the spreading oil in the Gulf, the soiled wildlife or the coastal residents whose livelihoods have been devastated.
Lawmakers on Thursday are getting their first chance to grill BP CEO Tony Hayward, the man fighting to save his and his company's reputation as BP tries to stop the oil gushing into the Gulf of Mexico.
BP CEO Tony Hayward says that he hopes his company's actions are proving they are "on the right track."
CNN's Dana Bash speaks with Rep. Bart Stupak, who says that BP's Tony Hayward will be "sliced and diced" by Congress.
Simply put, the crisis in the Gulf is an environmental, political, and financial disaster. You will hear no argument on any of those counts here.
BP Chief Executive Tony Hayward, slated to face an angry Congress Thursday, will strike an emotional plea to Gulf residents, acknowledging the loss of life and reminding them of the company's long standing commitment to the region.
In the hours after a 2005 refinery explosion that left 15 people dead, a BP executive suggested a holiday weekend and the national furor over a Florida woman's last days would eclipse the tragedy.
Since April 20, all eyes have been on BP's efforts -- or lack thereof -- to clean up the massive oil spill in the Gulf of Mexico. What isn't as evident to many is the monumental effort BP is putting into cleaning up its image in Washington.
CNNMoney: Jail time for BP CEO?updated: Wed Jun 16 2010 03:58:00
Oiled birds. Fouled beaches. Eleven dead workers. The American people want blood.
BP chief Tony Hayward should be prepared to face tough questioning about the cause of the Gulf oil disaster when he appears before a key House committee on Thursday, according to a letter released Monday by the committee's chairman.
President Obama began a pivotal week Monday in the response to the BP oil spill by assuring Gulf Coast residents that the "full resources of the federal government are being mobilized to confront" the disaster that has emptied beaches, docked fishing boats and ruined marshlands.
The pressure on BP to suspend its quarterly dividend payment continued to grow Friday, with a possible showdown looming next week.
BP chief executive Tony Hayward is a little bit like vice president Joe Biden -- get him in an unscripted moment, and there's no telling what words will fly. Just months after taking over as CEO from predecessor Lord John Browne, he called BP's performance "dreadful," causing shares to plummet.
CNN's Joe Johns explains the implications of BP releasing new high resolution video of crude oil leaking into the Gulf.
A new high-resolution video released Tuesday shows startling underwater images of the ruptured well gushing oil into the Gulf of Mexico two days after robots made a cut of the well's riser pipe in preparation for the latest containment effort of the environmental disaster.
Battered BP CEO, Tony Hayward, has been summoned to testify before U.S. lawmakers next week, according to a letter released Tuesday.
Top Senate Democrats called Tuesday for a sweeping overhaul of the nation's corporate liability laws in the wake of the Gulf of Mexico oil disaster, arguing that companies currently have little incentive to make safety and environmental concerns a top priority.
BP's new television ad campaign featuring apologetic CEO Tony Hayward is an expensive and probably ineffective bid to rehabilitate the energy giant's image, according to ad experts.
BP sought to reassure both the general public and investors Friday, saying it has the money to spend whatever it takes to clean up the Gulf oil spill.
James Carville tells CNN's Wolf Blitzer about running into a few unexpected dinner guests in Louisiana.
If he was unknown to the American public before, Tony Hayward is fast becoming a household name, answering rapid-fire questions about the Gulf of Mexico oil spill in newspaper stories and television shows.
BP should suspend dividend payments to shareholders until the full costs for cleaning up the oil spill in the Gulf of Mexico can be calculated, two U.S. senators said Wednesday.
Tony Hayward says the ultimate solution to the oil spill crisis relies on the relief well.
BP's CEO said Sunday he's sorry for the largest oil spill in U.S. history and the "massive disruption" it has caused the Gulf Coast, telling reporters the company hopes to corral most of the crude offshore.
Three attempts to pump mud and 16 tries to stuff solid material into a breached Gulf of Mexico oil well failed to stop the flow, top BP executives said Saturday, and engineers and executives with the oil giant have decided to "move on to the next option."
President Obama visits Grand Isle, Louisiana, but some locals are not happy with his trip. CNN's Ed Henry reports.
Pres. Obama speaks about the oil spill during his visit to Grand Isle, Louisiana.
BP resumed pumping heavyweight drilling mud Friday in its attempt to cap a breached oil well in what the company's top executive described as an "environmental catastrophe."
As BP attempts to stop the oil bleeding into the Gulf of Mexico, it appears the company's CEO, Tony Hayward, has finally begun to set expectations. But frankly, after more than five weeks of fumbled fixes, low-balled spill estimates and growing environmental disaster, they really couldn't be any lower.
BP CEO Tony Hayward updates CNN on the "top kill" effort, as well as the company's safety record.
BP CEO Tony Hayward says the "top kill" procedure is going as planned but it will take 24 hours to know if it's working.
BP Chief Executive Officer Tony Hayward said Wednesday it will be 24 hours before authorities will know whether the "top kill" effort to plug the runaway oil leak in the Gulf is working.
BP Chief Executive Officer Tony Hayward said Wednesday that it will be 24 hours before authorities will know whether the "top kill" effort to plug the runaway oil leak in the Gulf is working.
BP Group CEO Tony Hayward says the company will continue to do everything it can to clean up the oil spill in the Gulf.
BP is doing all it can to respond to the oil leak in the Gulf of Mexico, a top BP official said Monday, even as criticism of the company's handling of the crisis was growing.
The managing director of BP on Sunday defended his company against a perceived lack of credibility, insisting that "nobody is more devastated" by an underwater oil gusher in the Gulf of Mexico.
BP Managing Director Robert Dudley talks about the distrust felt toward the company on Capitol Hill.
The Gulf oil spill is going to cost billions to clean up, a tab BP has publicly pledged to pay in full.
Shares of Nalco Holding Company rose Monday after the chemical manufacturer confirmed it was providing a solvent that disperses oil to help BP clean up the massive spill spreading across the Gulf of Mexico.
The estimated amount of oil spilling in an underwater leak from last week's oil rig explosion in the Gulf of Mexico has increased to 5,000 barrels a day, five times more than what was originally believed, a Coast Guard official said late Wednesday.
CNN's Reynolds Wolf flies with the U.S. Coast Guard to get an aerial view of the Gulf Of Mexico oil spill.
Speaking to CNN's Richard Quest, BP CEO Tony Hayward blames weak oil prices for BP's recent profit plunge.
Money is a powerful drug. The global economy is digesting unprecedented doses of the stuff. It has responded positively to the treatment, but there are already signs of adverse side effects -- not least in the commodities and bond markets.
In a week when oil prices shot to $143 a barrel, the mood at the World Petroleum Congress was surprisingly somber
It is a sign of the times that the craziest thing I have seen this week was not Daryl Hannah licking surplus fuel off the petrol cap (or whatever she would call it) of her 60s-era Chevrolet El Camino.
Top executives of BP and General Motors Corp., two of the world's largest corporations, outlined on Tuesday their visions for the future of renewable energy.
CNNMoney: CEO at BP steps downupdated: Tue May 01 2007 10:54:00
Oil producer BP PLC said Tuesday it had appointed Tony Hayward as its new chief executive, effective immediately, following the decision by John Browne to resign.
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