BP ousts exploration chief, vows safety boostBP's incoming chief executive Bob Dudley ousted the oil group's exploration and production chief following the Gulf of Mexico oil spill and promised to restructure the company to boost safety. BP said on Wednesday Andy Inglis, the head of More… |
BP shares plunge, US threatens new penaltiesThe markets were closely eyeing British energy giant BP's stock price on Thursday after it plunged to a 14-year low in US trading on concerns about the costs of the giant Gulf of Mexico oil spill. President Barack Obama's administration, g More… |