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By Benoit Faucon Jeffrey Sparshott Of DOW JONES NEWSWIRES LONDON (Dow Jones)--BP PLC's (BP) second-quarter results Tuesday will show continued strong operational performance at the U.K. oil major, Chief Executive Tony Hayward said last week in an internal memo to the company's staff. "Sa
Read moreBy James Herron Of DOW JONES NEWSWIRES LONDON (Dow Jones)--BP PLC (BP) said Monday that no decisions have yet been made on the future of Chief Executive Tony Hayward or the final charge the company will book for the Gulf of Mexico oil spill in its second quarter results Tuesday. "A boar
Read moreBP has confirmed it will hold a board meeting today to decide the fate of chief executive Tony Hayward, but said no final decision has been made. Widespread reports over the weekend suggested Hayward is set to step down, but BP said its board will decide this evening on his future and also on the
Read moreTony Hayward, the embattled BP chief executive, will collect a pay and pension package worth £11.8 million when he falls on his sword this week. The oil company hopes that his departure will draw a line under its role in the Gulf of Mexico disaster. Five days after The Times revealed that Mr Haywar
Read moreThe following is a press release from Texas Wyoming Drilling: LAS VEGAS, NV -- (MARKETWIRE) -- 07/26/10 --Texas Wyoming Drilling, Inc. (PINKSHEETS: TWDL) a diversified gold, mineral and rock mining company, announces that they are shipping calcium carbonate to the Gulf States to test its effect
Read more(This item was originally published Sunday.) DUBAI (Zawya Dow Jones)--Qatar's oil minister Abdallah Al Attiyah said Sunday it was difficult to predict what action Organization of Petroleum Exporting Countries would take at their next meeting in October as crude oil prices were continuing to fluc
Read moreRelief at the relatively benign results of the European banking system stress test looks set to encourage buyers into the market at the outset, with the FTSE 100 expected to open around 30 points higher. Tony Hayward, the embattled BP chief executive, will collect a pay and pension package worth £1
Read moreDOW JONES NEWSWIRES BP PLC's (BP, BP.LN) embattled chief executive, Tony Hayward, could walk away with roughly GBP12 million ($18.5 million) in salary and pension, The Financial Times reports on its website Sunday. According to the report, Hayward will likely remain with the company for two more
Read moreLONDON (Dow Jones)--The likely departure of BP PLC (BP) Chief Executive Tony Hayward is a loss for the company given his strong record prior to the Gulf of Mexico oil spill, but it may be what the company needs to do to repair its battered image, analysts said Sunday. "If Tony stands down, it is
Read more(Updates with shut-in production data in the U.S. Gulf of Mexico) By Mark Long Of DOW JONES NEWSWIRES Preparations to finally kill the Deepwater Horizon oil leak are resuming as rigs and other vessels return to the scene after fleeing ahead a tropical storm, the top U.S. official oversee
Read moreBy Mark Long Of DOW JONES NEWSWIRES Preparations to finally kill the Deepwater Horizon oil leak are resuming as rigs and other vessels return to the scene after fleeing ahead a tropical storm, the top U.S. official overseeing recovery efforts said Sunday. Work on a relief well and a sepa
Read moreLONDON (Dow Jones)--The chief executive of BP (BP.LN), Tony Hayward, has been negotiating terms for stepping down from the role and a formal announcement is likely within 24 hours, the BBC reported on its website Sunday, without citing sources. Hayward has come under fire following the Gulf of M
Read moreDUBAI (Zawya Dow Jones)--Qatar's oil minister Abdallah Al Attiyah said Sunday it was difficult to predict what action Organization of Petroleum Exporting Countries would take at their next meeting in October as crude oil prices were continuing to fluctuate. "Prices are just going up and down--it
Read more(Adds further BP comment, background.) By Selina Williams Of DOW JONES NEWSWIRES LONDON (Dow Jones)-BP PLC (BP.LN) said Sunday that Chief Executive Tony Hayward has the confidence of the board and senior management, following reports in the U.K. press that he could be leaving within days
Read moreLONDON (Dow Jones)-BP PLC (BP.LN) said Sunday that Chief Executive Tony Hayward has the confidence of the board and senior management, following reports in the U.K. press that he could be leaving within days. Various U.K. newspapers have reported that the board has spent the weekend finalizing p
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