LONDON, July 26, 2010 (AFP) - BP said Monday no final decision has been reached on a change of management, after reports claimed chief executive Tony Hayward would resign in the wake of the Gulf of Mexico oil spill disaster.
This still image from a live BP video feed shows a submersible(not seen) checking the integrity of the well head on July 25, 2010 in the Gulf of Mexico. AFP
The British energy giant said it noted "the press speculation over the weekend regarding potential changes to management" as well as the charge for the costs of the spill.
"BP confirms that no final decision has been made on these matters," the company statement said.
It added that the board was meeting Monday evening ahead of the release of second quarter results on Tuesday.
"Any decisions will be announced as appropriate," it said.