
(CNN) - A posh weekend at an annual yacht race off the coast of England has embattled BP CEO Tony Hayward once again treading water in social media, and tweeting a defense.
After Hayward took a verbal pummeling on Capitol Hill last Thursday over his company's handling of the Gulf Coast oil spill, photos surfaced Saturday of the CEO spending this weekend clad in sunglasses and a ball cap at the J.P. Morgan Asset Management Round the Island Race off Britain's Isle of Wight. His 52-foot yacht "Bob" was part of the festivities.
In an apparent response to the slew of online complaints about Hayward's weekend away and his management duties, BP tweeted Hayward's response Saturday: "Gulf response efforts remain my top priority. To assure continued focus, Bob Dudley will support me on this full-time to make it right.Tony."
New York (CNNMoney.com) - Lawmakers ripped into BP chief Tony Hayward on Thursday, accusing him of being ill-prepared for congressional testimony and not cooperating with an investigation into the Gulf of Mexico oil spill.
In Hayward's first congressional appearance since the April 20 disaster, lawmakers wanted to know if BP had cut corners in an effort to save money in the run up to the explosion.
Questions during the 7-1/2 hour hearing, which included two recesses, focused on the well's design and the measures taken while BP was attempting to seal it before it exploded.
"Did BP make a fundamental misjudgment" in using one long piece of well casing instead of many shorter pieces, as other oil companies said they would have done, asked Rep. Henry Waxman, D-Calif.
"I wasn't involved in that decision," replied Hayward, saying that the single piece was better for the well's long-term stability.
Waxman produced transcripts from BP's engineers saying that the single casing was "unlikely to be successful." Waxman said BP went ahead with it anyway to save $7 to $10 million.
Hayward said he was "not prepared to draw conclusions about this accident until the investigation is complete."
"This is an investigation," said Waxman. "Are you cooperating with other investigations? Because they're going to have a hard time reaching a conclusion if you stonewall them, which it appears you are doing today."
Washington (CNN) - As BP CEO Tony Hayward gets grilled on Capitol Hill Thursday, a senior administration official acknowledged Hayward never had any direct one-on-one contact with President Obama during Wednesday's White House meeting.
In defending that decision, the official said there was nothing the president needed to say to Hayward that he didn't say to the entire group.
Obama met for 20 minutes with the group of BP executives, then individually in the Oval Office for another 25 minutes with Chairman Carl-Henric Svanberg.
Asked if the president used strong language to scold the executives, the official insisted that the tone was "businesslike."
The official, who was present for part of the meeting, suggested the real arm twisting took place in the days leading up to the meeting and that while there were still sticking points, BP executives showed up aware of what they needed to do.
(CNN) - Lawmakers on Thursday will get their first chance to grill BP CEO Tony Hayward, the man fighting to save his and his company's reputation as BP fights to stop the oil gushing into the Gulf of Mexico.
Hayward will testify before the House Energy and Commerce Subcommittee on Oversight and Investigations, which is chaired by Democratic Rep. Bart Stupak. The hearing will examine what caused the explosion on the Deepwater Horizon rig in April and the oil disaster.
A letter to Hayward from House Energy and Commerce Committee Chairman Henry Waxman, D-California, says a congressional investigation alleges that the besieged oil company took a low-cost, speedy approach to drilling the now-broken deepwater well responsible for the growing spill in the Gulf of Mexico.
The hearing comes a day after Hayward met with President Obama, who last week charged that if it were up to him, Hayward would have been fired by then.


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