Bob DudleyIncoming BP (BP) CEO Bob Dudley fired the executive at the center of the Gulf oil disaster and created a new division to improve safety.

Andy Inglis, the head of the company's upstream business, will leave the company at the end of the year, BP said in a statement.

The company also set up a safety and operational risk unit to monitor and enforce safety standards across BP. Mark Bly will head the unit and report directly to Dudley.

"These are the first and most urgent steps in a programme I am putting in place to rebuild trust in BP – the trust of our customers, of governments, of our employees and of the world at large,"
Dudley said.

Dudley, 55, takes over as CEO later this week. He is charged with rebuilding the company's sullied image following the Gulf oil disaster, which saw BP accused of cutting corners on safety.

BP's investigation into the Gulf oil disaster said BP shared blame for the accident with other companies including Halliburton Co. (HAL), which cemented the well, and Transocean Ltd. (RIG), which operated the oilrig.

Increase your money and finance knowledge from home

Introduction to Value Investing

Are you the next Warren Buffett?

View Course »

Behavioral Finance

Why do investors make the decisions that they do?

View Course »

Add a Comment

*0 / 3000 Character Maximum

3 Comments

Filter by:
daveswrath0704

so what he fired top people and they get million to go boy i bet they cry all the way to the bank !!!!!!!!!!!!!!!!!!

September 29 2010 at 11:36 AM Report abuse rate up rate down Reply
adofilli

BP safety record is good, it's the contractor it uses were the problem lies! Oil business is hazards in all phases--I well know I spent 30 years working for BP

September 29 2010 at 8:46 AM Report abuse -1 rate up rate down Reply
baywoodfarm1995

I wonder who is going to be replacing the executive team in the refinery and marketing division when BP is faced with the court case forcing the company to defend its actions at its Texas City Refinery. This spring while the debacle in the Gulf was ongoing, BP was having additional problems at the refinery where 15 workers were killed in an explosion back in 2005. This time, the Texas City Refinery released a mixture of toxic chemicals for 46 days which has led to the filing of a $10 billion class action suit by 2200 plaintiffs. The release was just one of approximately 400 annual releases and one fire per week that the refinery has experienced according to the lawyer leading the class action. Here's more information on the issues at the Texas City Refinery: http://viableopposition.blogspot.com/2010/08/more-problems-for-bp-at-texas-city-part.html

September 29 2010 at 8:26 AM Report abuse +2 rate up rate down Reply