Tuesday, Robert Dudley who will replace Tony Hayward as BP’s chief executive announced that changes will take place when he is in command at the massive oil company. Dudley said that he is "sure there will be changes" in the oil industry after the oil spill in the Gulf of Mexico.
"There's no question we're going to learn a lot from this accident in the Gulf Coast. It's going to be about equipment, people, different companies, and as a result of that, we're going to learn a lot, both BP and the industry," Robert Dudley said Tuesday at BP headquarters. Tony Hayward was also present at the press conference.
"Tony and I are going to work through a transition between now and the first of October," Dudley said.
"I've spent the last three months, every day, on the Gulf Coast," he said. "And I'm going to focus for the next month and a half on what we're doing in the Gulf Coast, our relationships in the Gulf Coast and in Washington."
Yesterday, BP officially announced that Tony Hayward will step down as chief executive effective October 1, 2010 and Robert Dudley will replace him. Dudley has been working for BP for over 30 years, and recently put in charge of the day-to-day operations in the Gulf of Mexico after Hayward gained heavy criticism.
See the video below for news coverage of this story.
Robert Dudley was born in Mississippi and has strong ties to the area. He has been managing the response to the oil spill in the Gulf of Mexico, according to New York Times sources. BP shares are down 40% since the April 20 oil rig explosion in the Gulf of Mexico. Eventually, Dudley will need to move to London and work on BP’s tarnished image there.
One week ago BP was able to completely stop the oil spill with the new containment cap and said that they were conducting a 48 hour test. Saturday, BP announced that the containment cap may hold the oil for a longer period. For more on that story, click here.
To see incredible photos of the oil spill in the Gulf of Mexico, click here.
To see photos taken recently of the oil spill that hit the Louisiana coastline and the wildlife it has affected, click here.
Scientists from the Environmental Protection Agency (EPA) met with BP to discuss the chemicals that are being used to break up the oil spill that sits on top of the water in the Gulf of Mexico. Thursday, the EPA released its findings on the toxicity testing on eight dispersants used in the Gulf. The findings showed that the chemicals placed in the water without oil did not disrupt marine life, but more tests are needed to show what happens when the chemicals are mixed with oil. For more on that story, click here.
The state of Louisiana asked BP to pay for the mental health costs of residents in the state because of the oil spill, but BP isn’t paying. A suicide occurred because of the oil spill and loss of income occurred in Louisiana. Captain William Allen Kruse committed suicide, after his life and lifestyle changed dramatically because of oil spill in the Gulf of Mexico. For more on his story, click here.
Actor Kevin Costner has invested about $26 million into his Ocean Therapy Solutions machine, and six of the machines were sent to the Gulf for testing. BP ordered 32 more machines that recycle water to separate the oil. For more information on this story, click here.
Salt Lake City residents and people from around the country are volunteering to help with clean-up along the Gulf coast. Volunteers can help with wildlife clean-up, or help clean the barrier islands or beaches. For more information on how you can help, click here.
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Source: CNN
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