Search Results for: Tony Hayward

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BP chief hails American breakthrough in gas supplies from shale rocks

BP chief executive Tony Hayward told the World Economic Forum that shale drilling was a “game changer” — a technique he said could help meet the world’s energy needs. The pitch framed the shale boom as innovation and inevitability, even as communities back home were still fighting over the messy details: water risk, emissions, and whether the new abundance came with costs no keynote could wave away.

Source: guardian.co.uk (2010) Read More

BP Deal to Expand US Shale-Gas Operations

BP struck deals to expand its footprint in U.S. shale-gas operations, signaling that multinational oil majors saw unconventional gas as a strategic growth sector. Large-scale investment by global firms reframed shale from regional experiment to cornerstone of long-term portfolio strategy.

Source: Rigzone | Dow Jones Newswire (2010) Read More

BP – For BP, a History of Spills and Safety Lapses

BP’s record of spills and safety failures, including high-profile disasters, shadowed broader energy debates. As shale expansion accelerated, past corporate missteps served as reminders that operational assurances and compliance histories do not always align. Reputation travels with infrastructure.

Source: The New York Times (2010) Read More