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BP chairman: New man in charge of spill

LONDON, June 18 (UPI) -- Tony Hayward, the controversial BP chief executive, has been removed from his role responding to the Gulf of Mexico oil spill, BP's chairman said Friday.
Gulf oil spill

Gulf oil spill

WASHINGTON, June 18 (UPI) -- BP Chief Executive Officer Tony Hayward apologized for the Gulf of Mexico oil spill and for penance underwent hours of berating by a congressional committee.
By United Press International
BP's Hayward: 'I am not stonewalling'

BP's Hayward: 'I am not stonewalling'

WASHINGTON, June 17 (UPI) -- BP President and Chief Executive Officer Tony Hayward apologized Thursday for the gulf oil spill but denied "stonewalling" in testimony to a U.S. House panel.
Letterman jokes about Obama-Hayward chat

Letterman jokes about Obama-Hayward chat

NEW YORK, June 17 (UPI) -- David Letterman read a Top 10 list on his talk show about U.S. President Barack Obama's meeting with BP President and Chief Executive Officer Tony Hayward.
Goo-streaked protester disrupts hearing

Goo-streaked protester disrupts hearing

WASHINGTON, June 17 (UPI) -- A woman who showed up on Capitol Hill Thursday to protest the BP oil spill in the Gulf of Mexico was escorted out of a House hearing room by police.

Investors back Hayward despite fallout

LONDON, June 9 (UPI) -- U.S. researchers said they discovered an underwater oil plume in the Gulf of Mexico as the U.S. president attacks the leadership of petroleum company BP.
BP siphons more oil; oyster festival is on

BP siphons more oil; oyster festival is on

NEW ORLEANS, June 6 (UPI) -- The chief executive of BP Sunday said the British oil company's goal is to restore the Gulf of Mexico to its pre-oil spill state.
BP chief sold shares before spill

BP chief sold shares before spill

LONDON, June 5 (UPI) -- The head of BP sold $2 million in the British oil company's shares a month before the Gulf of Mexico oil spill caused their value to collapse, sources said.

Holder headed for Gulf Coast

VENICE, La., May 31 (UPI) -- U.S. Attorney General Eric Holder plans to visit areas affected by the gulf oil spill Tuesday and meet with state attorneys generals, officials said.
BP: 'Top kill' has failed to stop the oil

BP: 'Top kill' has failed to stop the oil

GRAND ISLE, La., May 29 (UPI) -- The "top kill" tactic for plugging the well spewing oil into the Gulf of Mexico has failed, a BP official said Saturday in Louisiana.

BP races to save face amid oil response

NEW ORLEANS, May 3 (UPI) -- BP Chief Executive Tony Hayward personally defended his company's response to a massive oil spill in U.S. Gulf of Mexico contaminating the southern coast.

BP likes Canadian oil sands

LONDON, April 15 (UPI) -- BP aims to exploit one of the largest oil deposits in the world in Canada despite pressure from investors and environmentalists, executives said.

BP upbeat on oil and gas reserves

WASHINGTON, March 24 (UPI) -- The good news for the future of energy security is that oil and gas reserve estimates are rising, the chief executive of BP said at a speech in Washington.

BP nabs Azeri, Brazilian and U.S. oil

LONDON, March 11 (UPI) -- Supermajor BP announced Thursday it reached a $7 billion deal with Devon Energy for access to oil reserves in Brazil, Azerbaijan and the Gulf of Mexico.

Iraq faces challenging energy future

WASHINGTON, Feb. 16 (UPI) -- Iraq has political and security obstacles to overcome before it positions itself as a giant in the global oil sector, security analysts said.

BP casts shadow over green energy

LONDON, Feb. 5 (UPI) -- Ambitions for a push to abandon conventional fossil fuels in favor of green energy technology are shortsighted, the chief executive of BP said in London.

Is Iraq's oil strategy too ambitious?

BAGHDAD, Jan. 29 (UPI) -- The chief executives of two of the world's oil giants have been waxing lyrical about helping Iraq quadruple its oil production over the next decade, but questions linger about whether it can be done.

BP sees Iraq as oil leader by 2020

DAVOS, Switzerland, Jan. 28 (UPI) -- Oil production from Iraq could eclipse Saudi Arabia within the next 10 years, the chief executive of British supermajor BP told delegates at an economic summit.

BP eyes Russia's north for energy security

MOSCOW, Jan. 22 (UPI) -- British supermajor BP believes expanding its operations in northern Russian contributes to an international effort to find secure and stable energy supplies.

Gas underrated as the world's future clean energy source

BUENOS AIRES, Oct. 12 (UPI) -- Natural gas is universally taken for granted as a fuel inevitably associated with crude oil, but it is set to play a more important role in meeting future energy needs than generally assumed, delegates attending the World Gas Conference said.

Medvedev steps into TNK-BP row

MOSCOW, Aug. 1 (UPI) -- There have been enough inspections into TNK-BP and the activity should cease, Russian President Dmitry Medvedev said following a meeting of the consortium.

UPI Energy Watch

Gazprom has predicted $250 per barrel oil by next year; The Alberta government has launched a $178 million new technology plan; India's Reliance Industries is continuing to expand.

UPI Energy Watch

Saudi Arabia will call a summit of oil producers; BP claims soaring oil prices and instability are being caused by a lack of supply; Anadarko Petroleum Corp. has found oil in fields off Ghana's shore.

Gazprom to double project investment

MOSCOW, June 10 (UPI) -- The Russian state-owned gas giant Gazprom wants to double its investments in new projects in a move to overtake Royal Dutch Shell, a report said Monday.

BP's rough ride in Russia

WASHINGTON, May 29 (UPI) -- Since 1991, Western oil companies have eagerly eyed the Russian market. The experiences of British Petroleum in entering the Russian market symbolize the problems facing foreign firms.
JOHN C.K. DALY, UPI International Correspondent
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