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The following articles are sourced from The New Zealand Herald


Ex-BP chief Hayward sent to Russia, with love
Thu, 29 Jul 2010 04:00
Tony Hayward is poised to move to a new job as a non-executive board member with few direct responsibilities at BP's Russia venture, TNK-BP.He would not even need to spend much time in Russia, though his contacts in the Russian...

 

US can't account for US$8.7bn in Iraqi funds
Wed, 28 Jul 2010 11:27
BAGHDAD - The US Defence Department is unable to account properly for over 95 per cent of US$9.1 billion (NZ$12.43bn) in Iraqi oil money tapped by the US for rebuilding the war ravaged nation, according to an audit released overnight.The...

 

Barge hits oil well, causes new leak
Wed, 28 Jul 2010 09:24
NEW ORLEANS - A barge has slammed into an abandoned well in a coastal inlet, sending a shower of water, natural gas and oil spewing about 30 metres into the air.Emergency officials said about 1,800 metres of containment boom was...


BP boss: Sometimes you get hit by a bus
Wed, 28 Jul 2010 08:56
Tony Hayward's poorly chosen words in the weeks since the Deepwater Horizon rig blew up in the Gulf of Mexico have hastened his fall from grace.But yesterday, on his final day as BP chief executive, he got it right."Sometimes...

 

Record fine imposed for petrol station leak
Wed, 28 Jul 2010 04:00
Three companies found guilty of spilling 10,000 litres of petrol have been ordered to pay the heaviest fine imposed in a regional council case in Auckland.Petrol Alley Services (GAS), URS New Zealand and Brown Bros (NZ) were found...


Mixed signs keep oil close to US$79
Wed, 28 Jul 2010 04:00
SINGAPORE - Oil prices hovered for a second day near US$79 a barrel in Asia yesterday as investors weighed a three-day stock market rally against signs of sluggish US crude demand.Benchmark crude for September delivery was down...

 

BP boss steps down, protesters blockade stations
Tue, 27 Jul 2010 18:45
BP says Tony Hayward will step down as chief executive officer from October 1, to be succeeded by American Robert Dudley.In a statement accompanying its earnings update today, BP says the decision was made by "mutual agreement."BP...

 

Hayward boosted BP's bottom line, but not safety
Tue, 27 Jul 2010 04:00
LONDON - Two decades ago, Tony Hayward was a "turtle" - one of a handful of young high fliers at BP earmarked for great things, named after the cartoon warriors, the Teenage Mutant Ninja Turtles.Fast-tracked through BP's heavy...

 

Oil tops US$79 as markets rally
Tue, 27 Jul 2010 04:00
Oil prices rose above US$79 a barrel yesterday in Asia as regional stockmarkets extended a rally from last week amid improving investor optimism.Benchmark crude for September delivery was up 30c at US$79.28 a barrel yesterday....

 

Crisis-hit BP to get first US boss
Tue, 27 Jul 2010 04:00
Robert Dudley, the man expected to replace Tony Hayward as chief executive of BP, will take charge of a crisis that is close to home.Dudley grew up in Mississippi, part of the Gulf Coast region suffering environmental and economic...

 

BP's Hayward to get NZ$25m - report
Mon, 26 Jul 2010 18:33
BP chief executive Tony Hayward, who is expected to be ousted from his role this week, will collect a pay and pension package worth NZ$25 million, according to a report. British newspaper The Times reported that Mr Hayward,...

 

US official: BP chief exec Hayward being replaced over spill
Mon, 26 Jul 2010 08:43
NEW ORLEANS - Gaffe-prone BP Chief Executive Tony Hayward - who incensed many on the Gulf Coast by saying he wanted his life back as they struggled with the fallout from the British company's massive oil spill - will be replaced,...

 

Work resumes at oil well after storm blows out
Mon, 26 Jul 2010 04:10
Ships and workers moved back into BP's Gulf of Mexico oil spill site yesterday as seas calmed after tropical depression Bonnie dissipated over the gulf. Admiral Thad Allen, head of the US spill response, said an operation to plug...

 

BP to start drilling off Libyan coast
Sun, 25 Jul 2010 13:14
The tortuous saga of BP, the Gulf of Mexico, the Lockerbie bombing and an America which feels itself badly wronged took another turn yesterday when it emerged that the oil company is about to start drilling at an even greater depth...

 

Storm heads for Gulf spill site
Sun, 25 Jul 2010 04:00
Ships steamed to safer waters and coastal workers packed up oil removal operations as remnants of tropical storm Bonnie gunned for the Gulf of Mexico yesterday.By daybreak, all but a handful of the ships working at BP's broken...

 

Lockerbie panel invites ex-minister to testify
Sat, 24 Jul 2010 14:07
WASHINGTON - Former British Justice Secretary Jack Straw has been invited to testify next week at a United States congressional hearing on the release of the Libyan man convicted of the 1988 Lockerbie airline bombing, a Senate source...

 

BP accused of trying to buy top scientists
Sat, 24 Jul 2010 11:39
BP has been accused of trying to "buy" top scientists and academics to help its defence against litigation after the Gulf of Mexico oil spill.BBC yesterday quoted the head of the American Association of Professors, Cary Nelson,...

 

Blair's sordid little tale of oil and blood
Sat, 24 Jul 2010 10:27
Sometimes there is a story that lays out the priorities that drive our governments once the doors are closed and the cameras are switched off.The story of the attempt to trade the Lockerbie bomber for oil is one of those moments.Let's...

 

Bill to respond to oil spill
Sat, 24 Jul 2010 04:20
Senate Democrats hope to pass a narrow energy bill next week that responds to the oil spill in the Gulf of Mexico and takes steps to improve energy efficiency, after abandoning plans for a sweeping measure that caps greenhouse gases...

 

Cameron agrees to review bomber case
Thu, 22 Jul 2010 04:00
British leader David Cameron bowed to mounting pressure for a review of the decision to release the Lockerbie bomber yesterday as the affair cast a shadow over his talks with President Barack Obama at the White House.The Prime...

 

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