British media are reporting that BP chief executive Tony Hayward is negotiating the terms of his departure ahead of the oil company's results announcement later this week.Citing unidentified sources, the BBC and Sunday Telegraph reported detailed talks regarding Hayward's future had taken place over the weekend. The BBC said a formal announcement on Hayward's exit is expected in the next 24 hours.
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Energy Glance
The Defense Department has kept up its immense purchases of aviation fuel and other petroleum products from BP even as the oil giant comes under federal and state scrutiny for potential violations of clean-water and oil-spill laws related to the April 20 explosion of the Deepwater Horizon drilling rig, according to U.S. and company officials.
“We are not obliged to state the limits of our State.” – David Ben Gurion, 14 May 1948
When two Alaska state agencies received complaints in 2005 that a BP drilling contractor routinely cheated on tests of blowout preventers and that BP knew it, the agencies let the very companies accused of wrongdoing join the investigation.





























