Carl-Henric Svanberg

AG Holder: $4.5 Billion Settlement Not the End of BP Oil Spill Probe

Two men who worked for BP during the 2010 Gulf oil spill disaster have been charged with manslaughter, hours after BP announced it was paying $4.5 billion in a settlement with the U.S. government over the disaster. U.S. Attorney General Eric Holder said the criminal investigation is continuing.

BP Management May Be Out Next Month

BP Chairman Carl-Henric Svanberg may be ousted as early as next month, primarily because he was so late in participating publicly in the oil company's Gulf disaster response, The Financial Times reports. The same report says that CEO Tony Hayward is hanging on to his position because of board support. But he may be forced to resign in August as well.

BP Chairman: 'We Care About The Small People'

BP Chairman Carl-Henric Svanberg should probably skip Mardi Gras next year after insisting that the oil company responsible for the worst spill in U.S. history really does care about "the small people."

Obama on the BP Meeting: 'This Is About Accountability'

BP Chairman Carl-Henric Svanberg and Chief Executive Tony Hayward met with the president at the White House and agreed to several points aimed at ensuring compensation and claims from the oil spill are handled quickly and fairly.