Qatar Oil Min: OPEC Action Unclear As Oil Prices Fluctuate
26th Jul 2010 04:46
(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 moreLondon pre-open: No decision made on Hayward yet
26th Jul 2010 00:19
Relief 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 moreBP's Hayward Could Walk Away With GBP12M - Report
25th Jul 2010 23:03
DOW 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 moreHayward's Likely Departure From BP A Blow, But Political Necessity
25th Jul 2010 21:25
LONDON (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 moreUPDATE: US Govt: Preparations To Kill Gulf Oil Leak Resume As Vessels Return
25th Jul 2010 20:46
(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 moreUS Govt: Preparations To Kill Gulf Oil Leak Resume As Vessels Return
25th Jul 2010 18:34
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 overseeing recovery efforts said Sunday. Work on a relief well and a sepa
Read moreBP CEO Negotiates Exit, Announcement Likely Within 24 Hours -BBC
25th Jul 2010 14:32
LONDON (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 moreQatar Oil Min: OPEC Action Unclear As Oil Prices Fluctuate
25th Jul 2010 14:02
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 fluctuate. "Prices are just going up and down--it
Read moreUPDATE: BP: CEO Has Confidence Of Board, Senior Management
25th Jul 2010 12:09
(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 moreBP: CEO Hayward Has Confidence Of Board, Senior Management
25th Jul 2010 12:00
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. Various U.K. newspapers have reported that the board has spent the weekend finalizing p
Read moreBP chief Hayward tipped to stand down
25th Jul 2010 11:56
Tony Hayward, the embattled chief of BP is expected to stand down from the oil giant within the next twenty-four hours, according to widespread reports on Sunday. Bob Dudley, who recently took over the handling of the Gulf of Mexico oil leak that has brought the company to crisis point, is widely t
Read moreBP CEO Hayward Could Leave Within Days - Reports
25th Jul 2010 11:20
(Dow Jones)--BP PLC (BP.LN) Chief Executive Tony Hayward could leave his job within days, with his fate and potential severance package to be decided at a board meeting Monday, various U.K. newspapers reported Sunday. Without citing sources, The Sunday Telegraph and the Mail on Sunday said Haywa
Read moreUS Preferred Megrahi Be Free Than In Libyan Jail - Report
25th Jul 2010 10:53
LONDON (AFP)--The U.S. government told Scotland it was "far preferable" to free the Lockerbie bomber than have him transferred to a Libyan jail, leaked documents in a U.K. Sunday newspaper showed. Correspondence obtained by The Sunday Times reveals that despite Washington's opposition to Scotlan
Read moreSunday newspaper round-up: BP, Virgin Active, Centrica
25th Jul 2010 10:20
BP is paving the way for the departure of Tony Hayward, its embattled chief executive, as it prepares to unveil this week the largest quarterly loss in British corporate history. A crucial board meeting tomorrow will decide Hayward's fate, according to insiders. The options are to announce his exi
Read moreBP's Hayward Could Resign Within Days--Report
25th Jul 2010 02:43
LONDON (AFP)--The boss of troubled oil giant BP PLC (BP, BP.LN), Tony Hayward, is poised to quit within days, the Sunday Telegraph newspaper reported. Hayward, who has been heavily criticised over his handling of the Gulf of Mexico oil spill crisis, is set to step down before BP announces its ha
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