Carl Henric Svanberg

BP Replaces Tony Hayward with Startled Deer

Andy Borowitz | Posted 05.25.2011

Andy Borowitz

"Clearly he's a little rough around the edges," said BP board chairman Carl-Henric Svanberg. "But he still did better than Tony."

Blunder Bosses at BP

Diane Francis | Posted 05.25.2011

Diane Francis

The departure of BP's CEO, Tony Hayward, is hardly surprising and long overdue. Its new Chairman, Carl-Henric Svanberg, is likely headed for a pink slip. But their blunders were not just about the catastrophe in the Gulf.

Sunday Roundup

Arianna Huffington | Posted 05.25.2011

Arianna Huffington

Tough to say who needs remedial PR training more, BP chairman Carl-Henric Svanberg, who this week referred to those affected by the Gulf catastrophe as "the small people" or Texas Rep. Joe Barton who used a high-profile hearing on the Hill to apologize to BP and accuse the White House of subjecting the company to "a shakedown." Svanberg quickly went into contrition mode, blaming his tone-deaf remark on a "slip in translation" (he's Swedish). Under pressure, Barton, who owns a natural gas well and has received nearly $1.5 million from oil and gas industry donors, apologized for his apology, saying: "If anything I've said this morning has been misconstrued... I want to apologize for that misconstruction." He should apologize for that sentence. Then, as penance, both men should translate their regret into reparations, contributing a big amount to "the small people" devastated by the disaster.

As Tony Hayward Exits, Bloggers Excitedly Make Same Joke

Danny Groner | Posted 05.25.2011

Danny Groner

This afternoon, news came that BP chief executive Tony Hayward "is being relieved of day-to-day responsibility for managing the Gulf of Mexico oil spi...

Day After Congressional Grilling, Hayward REMOVED From Spill Operations

Posted 05.25.2011

BP Chairman Carl-Henric Svanberg has unceremoniously announced that CEO Tony Hayward will no longer be managing the day-to-day operations of the Gulf ...

20 Thoughts on 20 Billion Bucks

Rick Horowitz | Posted 05.25.2011

Rick Horowitz

The oil-company spill-containment plans must be working better than we thought -- there hasn't been a single dead walrus washed ashore yet.

BP CEO Tony Hayward Goes To Capitol Hill, Gets Pilloried By Congress: 'Shame On You' (VIDEO)

AP | FREDERIC J. FROMMER and MATTHEW DALY | Posted 05.25.2011

WASHINGTON (AP) -- Channeling the nation's anger, lawmakers pilloried BP's boss in a withering day of judgment Thursday for the oil company at the cen...

BP Chairman's Unfortunate Choice of Words: Once Again the Media Fanned Hysteria Over Absolutely Nothing

Michael Russnow | Posted 05.25.2011

Michael Russnow

I am not a fan of BP, and the oil company deserves the heap of criticism tossed its way, but I believe the media has once again behaved outrageously.

BP Cares About 'Small People': The Obligatory Image (PICTURE)

Posted 05.25.2011

After meeting with Obama at the White House, BP Chairman Carl-Henric Svanberg said that the oil company cares about "small people." It's possible the ...

BP: 'Small People' Matter To Us, Chairman Carl-Henric Svanberg Says (VIDEO)

Posted 05.25.2011

BP Chairman Carl-Henric Svanberg gave a press conference after BP's four hour meeting with Obama at the White House. During his statement, he disputed...

Obama Gets BP To Agree To $20 Billion Escrow Account For Victims

AP | BEN FELLER | Posted 05.25.2011

WASHINGTON (AP) -- Senior administration officials tell The Associated Press that BP has agreed to finance a $20 billion fund to pay the claims of pe...

Obama, Cameron's BP Oil Spill Phone Call: President Tells Britain No Hard Feelings Over Spill

AP | JILL LAWLESS | Posted 05.25.2011

LONDON — President Barack Obama reassured Prime Minister David Cameron on Saturday that his frustration over the mammoth oil spill in the Gulf o...

BP Is 'Big And Important': BP Chairman Strikes Out At Critics, CEO Scolds Photographer At Oil Spill Site (VIDEO)

Posted 05.25.2011

Carl-Henric Svanberg, the chairman of BP, has struck out at critics of his company's response to the Gulf oil spill and told The Financial Times that ...