"in TNK-BP with only minimal compensation. Tony Hayward, BP's chief executive at the time, described the five-page memorandum as ""a very sensible and pragmatic way of looking forward"". In January 2010, BP and its Russian co-shareholders held their first joint media briefing to pronounce their tensions gone and TNK-BP.'s prospects bright. In January 2011, BP and Russia's state oil company, Rosneft, formed a strategic partnership on Arctic development. In March 2011 the Stockholm International Arbitration court blocked the BP-Rosneft deal as breaching TNK–BP earlier contractual arrangements. BP had previously signed a shareholding agreement with AAR, which stipulated that TNK–BP would"
"against Dudley's 2015 pay and benefits package worth $19.6 million. Dudley is married to Mary Dudley, and they have two children. Bob Dudley Robert Warren Dudley (born September 14, 1955) is the group chief executive of BP. He had served as president and chief executive of TNK-BP and on June 18, 2010, was assigned to be BP executive in charge of the Gulf Coast Restoration Organization responding to the Deepwater Horizon oil spill. Dudley was born in Queens, New York, grew up in Hattiesburg, Mississippi, and graduated from Hinsdale Central High School in suburban Chicago in 1973. He received a"
"Bob Dudley Robert Warren Dudley (born September 14, 1955) is the group chief executive of BP. He had served as president and chief executive of TNK-BP and on June 18, 2010, was assigned to be BP executive in charge of the Gulf Coast Restoration Organization responding to the Deepwater Horizon oil spill. Dudley was born in Queens, New York, grew up in Hattiesburg, Mississippi, and graduated from Hinsdale Central High School in suburban Chicago in 1973. He received a bachelor's degree in chemical engineering from the University of Illinois, where he joined the fraternity Phi Kappa Psi and served as"
"subsidiary of British Petroleum who met with Energy Task Force participants while they were developing national energy policy. Vice President Cheney was reported to have met personally with the Chief Executive Officer of BP (formerly British Petroleum) during the time of the Energy Task Force's activities. In the week prior to this article revealing oil executive involvement, the Chief Executives of Exxon-Mobil and ConocoPhillips told members of the US Senate that they had not participated as part of the Energy Task Force, while the CEO of British Petroleum stated that he did not know. In response to questions regarding the"
"my life back."" He later apologized for his statements. BP's chief operating officer Doug Suttles contradicted the underwater plume discussion noting, ""It may be down to how you define what a plume is here… The oil that has been found is in very minute quantities."" On 16 June BP chairman Carl-Henric Svanberg, speaking to reporters after meeting with President Obama at the White House said, ""I hear comments sometimes that large oil companies are greedy companies who don't care. But that is not the case in BP. We care about the small people."" On 30 May BP hired Anne Kolton,"
"in one of its North Sea oil fields, by pumping carbon dioxide into them (and thereby also increasing yields). Throughout 2006 BP, led by their CEO Lord John Browne, has continued to take a leadership stance on climate change. It has cut its own operational emissions of CO by 10%. It is investing $8 billion in renewable energy over the next 10 years. And most recently it has launched a 'target zero' campaign in the UK to encourage its customers to offset their vehicle emissions when they fill up at the petrol station. BP's American division is a member of"
"to ""British Petroleum"" even though the company had been known as ""BP"" since 1998. UK politicians expressed concerns about anti-British rhetoric in the US. BP's CEO Tony Hayward was called ""the most hated man in America"". Conversely, the widespread public demonisation of BP and the effects on the company and its image, coupled with Obama's statements with regard to BP caused a degree of anti-American sentiment in the UK. This was particularly evidenced by the comments of the Business Secretary Vince Cable, who said that ""It's clear that some of the rhetoric in the US is extreme and unhelpful"", for"
"John Browne, Baron Browne of Madingley Edmund John Philip Browne, Baron Browne of Madingley, FRS, FREng, FGS, FInstP, HonFRSC, HonFIMechE, HonFIChemE, CIMgt, FInstPet, FIMMM (born 20 February 1948) is a British businessman. He is best known for his role as the chief executive of the energy company BP between 1995 and 2007. This period has been described as the company's ""golden period of expansion and diversification"" though an investigation of the fatal explosion at BP's Texas City, Texas, plant on 23 March 2005 that killed 15 workers and injured more than 170 others, resulted in fines and awards being given"
"oil company BP. They argued that the company used a highly unrealistic scenario when predicting future energy demand, enabling them to justify continued investment in risky extraction methods. In 2010, ClientEarth filed a lawsuit against the Council of the European Union, regarding plans to revise the EU's 2002 access-to-documents law, which gives individuals the right to view internal EU documents. ClientEarth sued the Council over its alleged failure to disclose its in-house legal opinion about the review of the 2002 rules. Employees of ClientEarth include Professor Ludwig Kramer and CEO James Thornton; the latter was named by the New Statesman"
"plans to increase the capacity up to 8 GW through projects in the United States, India, Europe and the Middle East. BP has invested $20 million in Israeli quick-charging battery firm StoreDot Ltd. In 2018, the CEO Bob Dudley said that out of the company's total spending of $15 to $17 billion per year, about $500 million will be invested in low-carbon energy and technology. The relatively small size of BP's alternative energy operations has led to allegations of greenwashing by Greenpeace, Mother Jones and energy analyst and activist Antonia Juhasz, among others. The chairman of the BP board of"
"escrow account to pay the claims of people harmed by the ""Deepwater Horizon"" oil spill in the Gulf of Mexico. He made the accusation at the outset of a House hearing where BP's chief executive officer, Tony Hayward, appeared for the first time before Congress. Facing Hayward at the witness table, Barton said, ""I apologize. I do not want to live in a country where any time a citizen or a corporation does something that is legitimately wrong, is subject to some sort of political pressure that is, again, in my words — amounts to a shakedown, so I apologize."""
"alcohol pricing, a policy which was considered by the Department of Health at the time. John Manzoni John Alexander Manzoni (born 1960) is a British civil servant and business executive. He was the responsible board member at BP at the time of the Texas City Refinery explosion, and now serves as Chief executive of the Civil Service and the Permanent Secretary of the Cabinet Office. Manzoni read for a BSc in Civil Engineering and an MSc in Petroleum engineering at Imperial College, London before joining BP in 1983. He later undertook a Master of Science in Management as a Sloan"
"John Manzoni John Alexander Manzoni (born 1960) is a British civil servant and business executive. He was the responsible board member at BP at the time of the Texas City Refinery explosion, and now serves as Chief executive of the Civil Service and the Permanent Secretary of the Cabinet Office. Manzoni read for a BSc in Civil Engineering and an MSc in Petroleum engineering at Imperial College, London before joining BP in 1983. He later undertook a Master of Science in Management as a Sloan Fellow at Stanford University in 1994. Manzoni was Chief executive for Refining & Marketing at"
"with a colleague. Regulators levied a then-record fine of $21m (£13m) on BP for breaching safety rules. Shortly after the release of the BP report in 2007, Manzoni left BP after 24 years to be the chief executive officer of Talisman Energy, an oil and gas exploration and production company. He replaced James Buckee, who had headed the company for 14 years. During his time at Talisman the company focused on shale gas, selling a non-controlling stake in its North Sea business to Sinopec in July 2012. In July 2015, the United States Environmental Protection Agency reported that it had"
"know, I'd like my life back."" BP's chief operating officer Doug Suttles contradicted the underwater plume discussion noting, ""It may be down to how you define what a plume is here… The oil that has been found is in very minute quantities."" In June, BP launched a PR campaign and successfully bid for several search terms related to the spill on Google and other search engines so that the first sponsored search result linked directly to the company's website. On 26 July 2010, it was announced that CEO Tony Hayward was to resign and would be replaced by Bob Dudley,"
"often excessive rhetoric in criticizing BP, which some investors saw as an attempt to deflect criticism of his own handling of the crisis. A White House spokesman said the President's job was to keep his ""boot on the throat"" of the company, a similar phrase used by Interior Secretary Ken Salazar back on 2 May. Republicans such as Rand Paul and Joe Barton have accused President Obama of being anti-business and ""un-American"", with Paul stating that said he had ""heard nothing from BP indicating it wouldn't pay for the spill"". British pension fund managers (who have large holdings of BP"
"Paul Waterman Lynn Paul Waterman, usually known as Paul Waterman (born July 24, 1964), is an American businessman and the Chief Executive Officer of Elementis Plc. Paul was Global CEO of BP Lubricants, a part of the BP Group. Paul joined Castrol in 1994 eventually becoming CEO of BP Lubricants Americas in 2007 and later moving to CEO of BP Global Aviation, Industrial Marine & Energy Lubricant businesses. From there Paul took on the role of Chief Executive of BP Australasia & Country President, BP Australia and from 2012 spent his final years in BP as CEO of BP Lubricants."
"a ""long line of PR gaffes"" by attending the race while the Gulf oil spill continued. In June, BP put Mississippi native Bob Dudley in charge of handling the Gulf of Mexico oil spill. Dudley was appointed president and chief executive of the newly created Gulf Coast Restoration Organization, reporting to Hayward. Following the ""Deepwater Horizon"" oil spill, there were rumours that Hayward would resign, but the company dismissed these. A BBC report said that a BP press release stated that Hayward ""has the full confidence of the board of directors of BP."" BP announced on 27 July 2010 that"
"work and time in Venezuela, the North Sea and London, he became President of BP’s activities in the Middle East. In 2006 Daly became BP’s global exploration chief, achieving a series of giant oil and gas discoveries and BP’s return to Iraq and the Rumaila oil field, and entry into Oman and the Kazzan giant gas field. During BP’s recovery from the Deepwater Horizon incident Daly served on BP's Group Executive Team. He retired in 2014 after 28 years with the company. In 2013 Daly was appointed Visiting Professor in Earth Sciences at The University of Oxford. He is also"
"""Changing Business as Usual"" On 1 June, U.S. Attorney General Eric Holder announced that he opened an investigation of the oil spill. According to Holder, the Justice Department would be interviewing witnesses as part of a criminal and civil investigation. Besides BP, the investigation could apply to other companies involved in the drilling of the damaged well. The United States House Committee on Energy and Commerce conducted a number of hearings. On 30 April, the House Committee on Energy and Commerce asked Halliburton to brief it as well as provide any documents it might have related to its work on"
"anhydride used in the production of pharmaceuticals, textiles and other chemical products. There are 1,200 BP service stations in the UK. The United States operations comprise nearly one-third of BP's worldwide business interests, and the United States is the country with the greatest concentration of its employees and investments. BP employs approximately 14,000 people in the United States. In 2017, BP's total production in the United States included of oil and of natural gas and its refinery throughput was . BP's major subsidiary in the United States is BP America, Inc. based in Houston, Texas, which is the parent company"
"initial claims by the company, and knew that ""Top Kill"" was unlikely to succeed, but claimed otherwise. Three more BP employees were charged in November 2012. Site managers Donald Vidrine and Robert Kaluza were charged with manslaughter for acting negligently in their supervision of key safety tests performed on the rig prior to the explosion, and failure to alert onshore engineers of problems in the drilling operation. David Rainey, BP's former vice-president for exploration in the Gulf of Mexico, was charged with obstructing Congress by misrepresenting the rate that oil was flowing out of the well. Lastly, Anthony Badalamenti, a"
"BP policy called for mandatory retirement, to July 2007. Hayward, having been described as CEO designate by both internal and media commentators, came to the fore amid the competition, including Robert Dudley, chief executive of TNK-BP, the company's Russian joint venture, and John Manzoni, head of refining and marketing. On 18 December 2006, in the run-up to replace Lord Browne as chief executive of BP Group, the ""Financial Times"" reported that Hayward had criticised BP's management at an internal management meeting, in the wake of a blast at the firm's Texas City refinery that killed 15 people and injured more"
"Byron Grote Byron Elmer Grote (born March 8, 1948) is an American businessman, a main board director of BP since 2002. He has been with the company since 1987, following their acquisition of Standard Oil of Ohio where he had worked since 1979. Byron Elmer Grote was born March 8, 1948. He received an MS (1967) and PhD (1981) in Quantitative Analysis from the S.C. Johnson Graduate School of Management, Cornell University. Grote joined Standard Oil of Ohio in 1979. He had management responsibilities in international oil supply planning, logistics and crude oil trading. In 1985, he was made director"
"BP oil company and did private negotiations with the BP CEO. In 2008 Hugo Chávez said that the idea for Venezuelan nuclear energy program came from Sechin. Sechin negotiated deals on weapons and nuclear technology deliveries to Venezuela. In July 2009 Sechin negotiated deals with Cuba that brought Russia into deep-water drilling in the Gulf of Mexico. Sechin also presides over the Board of Directors of the United Shipbuilding Corporation, and helped with negotiations with France over the purchase of four Mistral-class ships. Sechin argued that two ships should be constructed in Russia and two in France, as opposed to"
"and lack of climate change regulations. Lynn also criticized BP's response to the spill, saying that BP should sell its U.S. assets to another company because Hayward's job is to serve the stockholders, ""not make yourself acceptable to a country that doesn't want you anymore."" Jon Snow, at Channel 4 in the United Kingdom, drew parallels between the current oil spill, whose initial explosion killed 11 people immediately, and the Union Carbide accident in India, which killed at least 3,000 people immediately. Snow said that Obama ""is now at war"" with BP, while America has taken no action on an"
"Council was revoked by President Trump in an effort to roll back bureaucracy and ""benefit ocean industries employ millions of Americans."" In the UK, there was anger at the American press and news outlets for the misuse of the term ""British Petroleum"" for the company – a name which has not been used since British Petroleum merged with the American company Amoco in 1998 to form BP. It was said that the U.S. was 'dumping' the blame onto the British people and there were calls for British Prime Minister David Cameron to protect British interests in the United States. British"
"close call, a leading oil executive has warned. BP Australasia president Paul Waterman said the cost of doing business would have to go down or Australia would lose out""In 2011 whilst in his role as CEO there were market rumours that Waterman was being targeted by Australia’s second-largest oil and gas producer - Woodside - for the role of CEO In July 2012 Waterman was appointed Global Chief Executive of BP Lubricants and led the company through a period of growth. During his tenure as CEO, Waterman fronted a new joint venture with TechSolve, a specialized US-based manufacturing consultancy. The"
"2010 the Guardian announced that CEO Tony Hayward was to quit. The move was reported as being an attempt by BP to rebuild their shattered image in the United States. Haywards leaving package is expected to be under basic contractual terms. That means one-year's pay of £1m and a pension pot of more than £10m, capable of paying out more than £500,000 a year when Hayward reaches 60. He will be replaced by the Gulf Spill clean up chief Bob Dudley, who is an American citizen and previously worked for Amoco. There has been a great deal of criticism of"
"to pay claims for the BP oil spill. President Obama said that the $20 billion from BP ""will not be controlled by either BP or by the government. It will be put in an escrow account administered by an impartial, independent third party."" Obama said he and BP's chairman, Carl-Henric Svanberg, agreed on having Feinberg administer the fund. Feinberg was also selected by Obama to oversee the compensation of top executives at bailed out banks. BP is agreed to pay Feinberg's six-lawyer Washington, D.C., firm, Feinberg Rozen, a flat fee of $1,250,000 a month for labor and overhead costs, but"
"June statement, Jim Hackett, the CEO of Anadarko Petroleum Corporation, said research ""indicates BP operated unsafely and failed to monitor and react to several critical warning signs during the drilling. ... BP's behavior and actions likely represent gross negligence or willful misconduct."" BP responded by strongly disagreeing with the Anadarko statement and said that, despite being contractually liable for sharing clean-up costs, Anadarko is ""refusing to accept responsibility for oil spill removal costs and damages"". BP has sent Anadarko a bill for $272.2 million; Anadarko is ""assessing our contractual remedies"". According to the US Congressional investigation, the rig's blowout preventer,"
"a new unit to oversee management of the oil spill and its aftermath, to be headed by former TNK-BP chief executive Robert Dudley, who a month later was named CEO of BP. On 1 October, BP's London Stock Exchange price reached 439.75 pence, the highest point since 28 May. By 2013, BP had dropped from the second to the fourth largest of the four major oil companies. On 4 September 2014, when BP was found guilty of gross negligence and willful misconduct under the Clean Water Act (CWA), which could see it liable for up to $18 billion in additional"
"London-based charity Paintings in Hospitals. John Browne, Baron Browne of Madingley Edmund John Philip Browne, Baron Browne of Madingley, FRS, FREng, FGS, FInstP, HonFRSC, HonFIMechE, HonFIChemE, CIMgt, FInstPet, FIMMM (born 20 February 1948) is a British businessman. He is best known for his role as the chief executive of the energy company BP between 1995 and 2007. This period has been described as the company's ""golden period of expansion and diversification"" though an investigation of the fatal explosion at BP's Texas City, Texas, plant on 23 March 2005 that killed 15 workers and injured more than 170 others, resulted in"