June 19th, 2010
06:57 PM ET
5 years ago

Ought the BP CEO not yacht?

'Gulf response efforts remain my top priority.' a tweet from BP's official Twitter account attributed to the embattled BP CEO Tony Hayward said Saturday.
'Gulf response efforts remain my top priority.' a tweet from BP's official Twitter account attributed to the embattled BP CEO Tony Hayward said Saturday.

(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."

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Filed under: BP • Energy • Popular Posts • Rahm Emanuel • Tony Hayward
June 17th, 2010
09:10 PM ET
5 years ago

Stupak: Hayward 'absurd and ridiculous'

Washington (CNN) – Rep. Bart Stupak, a leading Democrat on the House Energy and Commerce Committee, said BP CEO Tony Hayward looked "absurd and ridiculous" giving non-responsive testimony at Thursday's Gulf oil spill hearing.

"It was frustrating, not just to me but to the American people," Stupak said in an interview on CNN's "John King, USA." The Michigan congressman pointed out that the committee had sent Hayward a letter outlining the lines of questioning they intended to pursue and yet he still did not answer their questions.

"There comes a point in time when you almost become absurd and ridiculous. Unfortunately, I think that's how Tony Hayward looked to the American people," Stupak said.

Separately, Stupak defended the White House for including Attorney General Eric Holder in a Roosevelt Room meeting with BP executives on Wednesday. Holder's Justice Department has an active investigation into the oil giant following the disaster.

"I think it was worthwhile having the attorney general [in the meeting]. He helped put some parameters there," Stupak said.


Filed under: Bart Stupak • JKUSA • John King USA • Oil spill • Tony Hayward
June 17th, 2010
05:39 PM ET
5 years ago

BP's chief accused of 'stonewalling'

Lawmakers accused BP chief Tony Hayward of not cooperating with an investigation into the Gulf of Mexico oil spill.
Lawmakers accused BP chief Tony Hayward of not cooperating with an investigation into the Gulf of Mexico oil spill.

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."

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Filed under: Congress • Oil spill • Tony Hayward
June 17th, 2010
11:35 AM ET
5 years ago

Obama, Hayward didn't talk one on one

BP CEO Tony Hayward did not have any direct one-on-one contact with President Obama during Wednesday’s White House meeting.
BP CEO Tony Hayward did not have any direct one-on-one contact with President Obama during Wednesday’s White House meeting.

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.


Filed under: BP • President Obama • Tony Hayward
June 17th, 2010
08:23 AM ET
5 years ago

BP CEO Tony Hayward faces grilling as oil continues to spew

Tony Hayward will be in the hot seat facing lawmakers for the first time on Thursday.
Tony Hayward will be in the hot seat facing lawmakers for the first time on Thursday.

(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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Filed under: BP • Tony Hayward