Progress in oil spill control: BP chief - Economic Times

VENICE: BP CEO Tony Hayward said he did not plan to quit over the massive Gulf of Mexico oil spill, as the energy giant’s bid to contain the crude appeared to reach a turning point. Public and political pressure has been mounting on London-based BP to cap its gushing seabed oil well and take full financial responsibility for the cleanup and damage caused to Gulf coast fisheries, wildlife and tourism.

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Hayward became a lightning rod for Americans’ anger with BP when he told struggling Gulf Coast residents last month, “I would like my life back,” a remark which rekindled speculation he may not survive the crisis. Hayward became a lightning rod for Americans’ anger with BP when he told struggling Gulf Coast residents last month, “I would like my life back,” a remark which rekindled speculation he may not survive the crisis. “It hasn’t crossed my mind. It’s clearly crossed other people’s minds but not mine,” Hayward told The Sunday Telegraph in an interview when asked if he had thought of stepping down as head of BP due to the outcry over the oil spill.

Full Story: Progress in oil spill control: BP chief - Economic Times