Tony Hayward

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Joe Barton's BP Apology Could Be 'Game-Changing'

Pundits Think Democrats Have a Line of Attack

(Newser) - GOP congressman Joe Barton's apology to BP remains the buzz of the day. See earlier summary here and a video of his statement in the gallery:
  • Greg Sargent, Plum Line : "The challenge for Dems, though, is to elevate the story beyond Barton's ridiculous comments and build a larger narrative
...

Hayward: 'I Was Not Involved'
 Hayward: 'I Was Not Involved' 

Hayward: 'I Was Not Involved'

BP CEO stonewalls Congress

(Newser) - Tony Hayward disavowed pretty much all knowledge of or responsibility for the decisions that lead to the Deepwater Horizon explosion today, in the face of a grilling from lawmakers. “I was simply not involved in the decision-making process,” he told Henry Waxman at one point, and he refused...

Hayward Faces Down Lawmakers, Protesters
 Hayward Faces Down 
 Lawmakers, Protesters 
UPDATED

Hayward Faces Down Lawmakers, Protesters

Will say he grasps 'the terrible reality'

(Newser) - Tony Hayward went to Capitol Hill to take his lumps today, and Democrats, at least, delivered them. Henry Waxman praised the BP boss for setting up a $20 billion clean-up fund, but then slammed him for his safety record. When Hayward took his job he said he’d focus “...

GOP Rep. Apologizes to Hayward, BP for $20B Fund

Calls White House pressure a '20B Shakedown'

(Newser) - While other congressmen were heaping abuse on BP CEO Tony Hayward in this morning's hearings, one Republican abruptly shifted gears in his opening remarks and apologized to the man in the hot seat. Rep. Joe Barton told Hayward he was "ashamed" of the pressure the White House put on...

BP's 'Small People' Remark Angers Victims

BP exec's attempt to seem more sympathetic backfires

(Newser) - Gulf Coast residents were fuming over comments by the BP chairman that his company does indeed care about "the small people," the AP reports. Ben Smith of Politico notes that the phrase already has spawned a mocking T-shirt. Carl-Henric Svanberg told reporters that "I hear comments sometimes...

'Bottom Kill' Relief Wells No Sure Thing

BP estimates well will close by August, but huge challenges remain

(Newser) - The only technique BP has left in the fight to close the gushing oil well in the Gulf of Mexico is the "bottom kill"—in which engineers pump mud into the well using parallel relief wells. Bottom kill is difficult and dangerous, but it has a track record...

On Spill, We Need 'Barack and Tony Show'

The president and BP's CEO should be allies, at least for now

(Newser) - Great, President Obama finally met face to face today with BP's Tony Hayward. Only about 6 weeks too late, complains Steven Pearlstein. These guys should have realized from day one that "they were in this mess together," he writes in the Washington Post . Obama has been publicly hostile...

Congress: BP Took 'Shortcuts' to Save Money

Investigators say firm compromised safety before explosion

(Newser) - Congressional investigators have sent a letter to Tony Hayward demanding he address some “serious questions about the decisions made by BP in the days and hours before the explosion on the Deepwater Horizon.” The letter, which comes from Henry Waxman and other House Energy Committee Democrats, alleges that...

Obama to Demand Billions From BP in 1st Oval Office Speech

Prez wants all oil industry workers compensated

(Newser) - In his first-ever Oval Office speech tomorrow night, President Obama will demand that BP hand over billions of dollars to an independent mediator who will handle the claims of people and businesses affected by the Gulf oil spill. The White House hasn't named a sum, but House Dems asked BP...

Bloomberg Defends BP CEO

Hayward 'didn't exactly blow up the well,' NYC mayor says

(Newser) - BP CEO Tony Hayward is one of the least popular men in America right now, but he has at least one supporter: Mike Bloomberg, the New York Daily News reports. HIzzoner says critics should remember that "the guy that runs BP didn't exactly go down there and blow up...

BP to Delay Dividend to Appease Obama
BP to Delay Dividend to Appease Obama

BP to Delay Dividend to Appease Obama

Money will be put in escrow until full cost of Gulf cleanup is clear

(Newser) - BP plans to defer its dividend in an effort to get the Obama administration off of its back, sources tell the Times of London. The money, which is expected to total about $2.5 billion, will be placed in an escrow account until the full cost of the Gulf disaster...

Now Obama Wants to Meet With Him

White House Summons BP execs to Wednesday sit-down

(Newser) - Looks like the president has changed his mind: The top federal official overseeing the Gulf oil spill has invited British Petroleum executives to meet with Barack Obama next week. Coast Guard Admiral Thad Allen issued the invitation in a letter today to BP's chairman, Carl-Henric Svanberg. The letter requests that...

BP Can't Explain Diving Stock
 BP Can't Explain Diving Stock  

BP Can't Explain Diving Stock

Company 'is not aware of any reason' for price drop

(Newser) - It’s probably not terribly surprising that BP’s stock hit a 13-year low this morning—unless, apparently, you’re BP. The company put out a statement last night saying that it was “not aware of any reason which justifies this share price movement.” Well, the Wall Street ...

Palin: Give Me a Call, Obama
 Palin: Give Me a Call, Obama 
SHE's GOT SOME TIPS ON BIG OIL

Palin: Give Me a Call, Obama

Prez needs to talk to someone who can 'play hardball with Big Oil'

(Newser) - Sarah Palin says President Obama's handling of the Gulf spill shows the value of executive experience and suggests he talk to somebody who has some—somebody like Sarah Palin. "For the sake of the Gulf residents, reach out to experts who have experience holding oil companies accountable," Palin...

BP's Tony Hayward Will Go Before Congress

CEO will testify before House panel on June 17

(Newser) - President Obama isn't all that interested in a one-on-one conversation with BP's Tony Hayward, but Congress is. The CEO famous for his gaffes is scheduled to testify June 17 before one of the House committees investigating the oil spill, reports the Hill . Hayward will face Bart Stupak's Energy and Commerce...

Obama Weighing 'Whose Ass to Kick'

 Obama Weighing 
 'Whose Ass to Kick' 
AND he'd fire BP CEO

Obama Weighing 'Whose Ass to Kick'

He'll make company pay 'if it's the last thing I do'

(Newser) - President Obama offered an impassioned defense of his administration’s handling of the oil spill today, promising to make sure BP paid for the disaster “if it’s the last thing I do.” In an interview on the Today Show , Obama said he would have already fired Tony...

BP's CEO Isn't Fired Yet? Really?
BP's CEO
Isn't Fired
Yet? Really?
OPINION

BP's CEO Isn't Fired Yet? Really?

Tony Hayward has cheerily blundered through disaster

(Newser) - BP CEO Tony Hayward wrote an editorial in today's Wall Street Journal in which he advocated that the oil industry improve its technology and change its practices. Sure, sounds great, Tony. But Eugene Robinson of the Washington Post has just one question: Why do you still have a job? “...

BP: We Cut the Pipe
 BP: We Cut the Pipe  

BP: We Cut the Pipe

But it's jagged, ergo more challenging to cap

(Newser) - Coast Guard Adm. Thad Allen says BP has successfully sliced off a pipe in an effort to contain the Gulf oil, but the cut is irregular and placing a cap over the spill will be more challenging. Allen said today that the cap was over the gusher and expected to...

BP's Hayward Apologizes for 'I'd Like My Life Back'

He calls it 'hurtful and thoughtless'

(Newser) - British Petroleum CEO Tony Hayward has been roundly bashed for his unfortunate "I'd like my life back" comment—lots of fishermen and coastal residents want their lives back, too, not to mention relatives of the 11 men killed in the initial explosion. Today, Hayward apologized, reports the Huffington Post...

Top Kill Working for Now (Again)

'Junk shot' has also been deployed

(Newser) - BP has fired off its “junk shot” and resumed pumping heavy fluid into the spewing Deepwater Horizon well, which appears to have staunched the flow of oil, Adm. Thad Allen, who's in charge of overseeing the spill for the Coast Guard, said today on Good Morning America, though he...

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